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Stock impact report

Forget the A's, Las Vegas Strip Scores Huge Sports Win [TheStreet.com]

Caesars Entertainment, Inc. (CZR) 
Last caesars entertainment, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.caesars.com/investor-relations
Company Research Source: TheStreet.com
Vegas has a well-earned reputation as a city where everything can go off the rails. It's a land of temptation and major sports leagues feared that. Imagine the "Last Dance" episode where Michael Jordan played an NBA Finals in Sin City were that something that could have happened. When Vegas held a unique place as a city full of excess that had legal sports betting, the major sports stayed as far away as they could. Now, when teams have direct deals with sports betting companies (something that not allowed in any major league just a few years ago), Las Vegas has lost some of its danger. Sure, players could drink too much and end up getting arrested with a hooker, a drug dealer, or a drug dealing hooker, but that can sort of happen in many states. Now, while Las Vegas does excess better than any other city, it's not unique in that sense. Taking that away has left Las Vegas as a major destination for sports. The Oakland Raiders sell out every game while filling hotels across the Strip Show less Read more
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