|Bid||38.26 x 1200|
|Ask||38.53 x 800|
|Day's Range||37.37 - 38.95|
|52 Week Range||37.03 - 119.81|
|Beta (5Y Monthly)||2.81|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 02, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||105.54|
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MGM Resorts International, Caesars Entertainment, Wynn Resorts, and Las Vegas Sands stocks were up on Friday.
In the four years since legalization, Americans have wagered over $125 billion on sports as betting transformed from a taboo topic on sports television to commentators openly discussing gambling odds before and during games. Several sports-betting operators are also publicly traded companies, and some include non-sports betting assets in their business portfolios, such as casinos or entertainment properties. See also: Do you have to pay taxes on sports betting?
Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars") today announced the closing of the sale of the non-US assets of William Hill to 888 Holdings Plc. After the repayment of debt and other working capital adjustments, Caesars received net proceeds of $730 million. Caesars intends to use the net proceeds to reduce outstanding indebtedness.