Caesars Entertainment Inc. (CZR) is making broad progress in many arenas. A notable investor,
Carl Icahn, has taken a 'sizable' stake in the company, pointing to a strong potential for growth. The company's collaboration with the
Detroit Lions for the 2024-25 NFL Season underlines its position in the sports betting market. In terms of CSR efforts, it has completed 35 years of
Responsible Gaming Leadership. The online platform
Caesars Palace Online Casino has introduced an industry-first functionality, and the company celebrated the grand opening of its first Nebraskan property. However, the firm has faced a few recent setbacks. Weak earnings results and revenue misses were reported for Q1 and Q2 2024. Its stock price has declined by 7.2% since its last earnings report and shareholders are down 56% in the last three years. The addition of
Rodney Williams to its board of directors brings new expertise to the table. Decisive partnership with AGS Interactive and successful launch of Rakinโ Bacon Odyssey in New Jersey points towards a bright future. The company's recent acquisition of Australian trading tech firm ZeroFlucs further expands its reach. CZR also sold the World Series of Pokerยฎ Brand to NSUS Group for US$500 million.
Caesars Entertainment CZR News Analytics from Mon, 19 Feb 2024 08:00:00 GMT to Sun, 08 Sep 2024 14:09:38 GMT -
Rating 1
- Innovation 5
- Information 3
- Rumor -8