|Bid||12.96 x 21500|
|Ask||12.97 x 21500|
|Day's Range||12.92 - 13.03|
|52 Week Range||5.84 - 13.13|
|Beta (3Y Monthly)||1.39|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 19, 2020 - Feb 24, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||12.22|
Caesars Entertainment Corporation (NASDAQ: CZR) ("Caesars" or "Caesars Entertainment"), one of the world's most diversified casino-entertainment providers, today announced it has completed the previously announced sale of the Rio All-Suite Hotel & Casino (the "Rio") to a company (the "Buyer") affiliated with Dreamscape Companies ("Dreamscape"), which is owned and controlled by Eric Birnbaum, for $516.3 million (including certain fees, expenses and $40 million in seller financing provided by a Caesars affiliate). Dreamscape acquires, repositions and/or develops hospitality, residential, retail, gaming and entertainment assets.
Century Casinos' (CNTY) the Isle Casino Cape Girardeau ("Cape Girardeau") and Lady Luck Caruthersville ("Caruthersville") buyouts are likely to be sealed this December.
Attendance at the annual winter lantern show was said to be down in recent years, and there were indications it was having trouble paying its bills.
The pact includes in-stadium signage and branding, email and direct mail marketing, and "Eagles Legends" appearances at the 13-year-old Chester casino.
Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […]
Caesars Entertainment Corporation (NASDAQ: CZR) today announced that the previously announced solicitation of consents (the "Consent Solicitation") with respect to the adoption of certain proposed amendments (the "Proposed Amendments") to the indenture, dated October 6, 2017 (the "Indenture"), governing its 5.00% Convertible Senior Notes due 2024 (the "Notes"), expired at 5:00 p.m., New York City time, on November 27, 2019 (the "Expiration Time"). As of the Expiration Time, Caesars Entertainment Corporation had received valid consents in respect of at least a majority of the aggregate principal amount of all outstanding Notes (except that Notes owned by Caesars Entertainment Corporation or by any person directly or indirectly controlling or controlled by or under director or indirect common control with Caesars Entertainment Corporation were disregarded and deemed not to be outstanding for purposes of the Consent Solicitation) (the "Requisite Consents") to amend the Indenture to adopt the Proposed Amendments.
Caesars Entertainment Corporation (NASDAQ: CZR) today announced that it has amended the terms of its previously announced solicitation of consents (the "Consent Solicitation") with respect to the adoption of certain proposed amendments (the "Proposed Amendments") to the indenture, dated October 6, 2017 (the "Indenture"), governing its 5.00% Convertible Senior Notes due 2024 (the "Notes"). The Proposed Amendments relate to the previously announced Agreement and Plan of Merger, dated as of June 24, 2019, by and among Caesars Entertainment Corporation, Eldorado Resorts, Inc. and Colt Merger Sub, Inc., (as amended and as it may be further amended from time to time, the "Merger Agreement"). Pursuant to, and subject to the terms and conditions of, the Merger Agreement, through one or more transactions, Eldorado Resorts, Inc. will acquire Caesars Entertainment Corporation (the "Acquisition") and Caesars Entertainment Corporation will become a wholly-owned subsidiary of Eldorado Resorts, Inc.
Moody's Investors Service ("Moody's") assigned first-time ratings to VICI Properties L.P. ("VICI"), including a senior unsecured debt rating of B1 to the $1.75 billion notes currently being marketed, a corporate family rating ("CFR") of Ba3 and a speculative grade liquidity rating ("SGL") of SGL-2. The rating outlook is positive.
LAS VEGAS, Nov. 18, 2019 /PRNewswire/ -- Caesars Entertainment Corporation (CZR) today announced that it has commenced a consent solicitation with respect to the adoption of certain proposed amendments (the "Proposed Amendments") to the indenture governing its 5.00% Convertible Senior Notes due 2024 (the "Notes"), upon the terms and subject to the conditions set forth in the Consent Solicitation Statement, dated November 18, 2019 (the "Consent Solicitation Statement"). Subject to the terms and conditions set forth in the Consent Solicitation Statement, beneficial owners of an interest in the Notes as of 5:00 p.m., New York City time, on November 15, 2019 whose consents are validly received at or prior to 5:00 p.m., New York City time, on November 25, 2019 (unless extended or earlier terminated, the "Expiration Time") and not validly revoked will be eligible to receive the applicable consent fee (each, a "Consent Fee") with respect to such Notes set forth in the table below, promptly after all conditions to the consent solicitation shall have been satisfied or waived.
Caesars (CZR) delivered earnings and revenue surprises of -125.00% and 2.59%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Recorded Strong Performance in Las Vegas in the Third Quarter Signed Purchase Agreement for the Sale of Rio for $516 Million in Proceeds Expanded Sports Betting Offerings to Two New States LAS VEGAS , ...
Penn National Gaming's (PENN) top line in third-quarter 2019 gains from robust performance of the Northeast, West, Midwest and South segments.
KICKS OFF APRIL 1, 2020 AT ZAPPOS THEATER AT PLANET HOLLYWOOD RESORT & CASINO LAS VEGAS , Nov. 1, 2019 /PRNewswire/ -- GRAMMY Award-winning global superstar Kelly Clarkson has announced that she will be ...
LAS VEGAS , Oct. 29, 2019 /PRNewswire/ -- GRAMMY Award-winning singer and choreographer Paula Abdul celebrated the official opening of her headlining residency show, Paula Abdul : Forever Your Girl on ...
Caesars (CZR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LAS VEGAS, Oct. 29, 2019 /PRNewswire/ -- Black Fire Innovation, the new research and technology hub created to drive innovation in the hospitality, gaming and entertainment industry, today announced its collaboration with Intel as a key computing partner. The tech industry leader will provide technology and computing resources to develop next-generation data-rich consumer experiences while also offering research and internship opportunities for students and partners at the Black Fire Innovation facility. The 43,000 square-foot-space was designed to change the landscape of hospitality with its replica integrated resort labs, where new concepts can be created and tested.
NEW YORK, NY / ACCESSWIRE / October 24, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
LAS VEGAS , Oct. 22, 2019 /PRNewswire/ -- Caesars Entertainment Corporation (NASDAQ: CZR) will release its financial results for the third quarter 2019 after the market closes on Tuesday, November 5, 2019 ...