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Russell 2000 Futures
Caesars Entertainment, Inc. (CZR)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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2,369 reactions on $CZR conversation
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Lot of open interest at $94 puts. Expect this will drop to $94 for puts to cover then back to $100 where there is large call volume. Ain't this manipulation fun?
Wow, nice report on CZR by B. Riley, says it's significantly underpriced and sets a 191 price target.
CZR is a good buy right now. $96.20
Gaming: Sports Betting/iGaming October: OSB handle record, but hold impacts GGR
11/19/2021 5:00 PM
Oct. digital GGR is run-rating at $538M for reported states, +5% M/M. OSB handle was a record $3.495B, helped by 5 weekends. OSB GGR was $189M, +2% M/M, impacted by low hold. iGaming revenue broke last month's record at $348M, +124% Y/Y & +6% M/M. We adjust estimates and lower our PO on DKNG to $45 & lower our PO on PENN to $75. We also tweak estimates for MGM & CZR.
BREAKING: MGM officials confirm the NY Post story that BetMGM and others such as DraftKings will be approved for licenses in NY.
$DKNG $MGM $CZR $WYNN $RSI $BALY
Told you to buy at $88!
Not a share holder. I am a Vegas regular who goes 3-5 times a year, always staying at Caesars properties. Through all the nickel and diming, I won’t be staying there, or gambling/eating there anymore. The comps are terrible, and the buildings are not being maintained. This is going to hurt the stock in the long run. Go buy MGM
Caesars Sportsbook Named an Official Sports Betting Partner of the Knicks, Rangers, Madison Square Garden Arena and MSG Networks
November 18, 2021
08:00 AM ETPublished November 18, 2021 08:00 AM Eastern TimeBusiness Wire
Unique Partnership Grants Caesars Sportsbook Significant Exposure Through New York’s Iconic Sports Franchises and MSG Entertainment Assets
Caesars Sportsbook and MSG Networks Will Launch a First-of-its-Kind Branded Content Series Featuring JB Smoove
NEW YORK & LAS VEGAS--(BUSINESS WIRE)-- Madison Square Garden Sports Corp. (NYSE: MSGS) (“MSG Sports”) and Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment”) announced today a multi-year marketing partnership with Caesars Sportsbook, an entity of Caesars Entertainment, Inc (NASDAQ: CZR) (“Caesars”), making Caesars Sportsbook an Official Sports Betting Partner of the New York Knicks, New York Rangers, Madison Square Garden Arena and MSG Networks. In addition, the best-in-class sportsbook operator will also gain significant digital media exposure across MSG Sports’ and MSG Entertainment’s platforms, as well as unique MSG and hospitality experiences at The World’s Most Famous Arena that will be available to Caesars Rewards program customers.
This press release features multimedia. View the full release here:
Caesars Sportsbook will have a branded, premium hospitality space inside Madison Square Garden that will be open for all Knicks and Rangers games, as well as additional select events. Caesars Rewards members – including customers that sign up for the Caesars Sportsbook mobile app – will have an opportunity to access the space, which will undergo a full refurbishment leading into the 2022-23 Knicks and Rangers seasons. Once complete, the space will be highlighted with Caesars Sportsbook branding and feature unique programming, including special guest appearances, giveaways, and enhanced activations, all available through Caesars Rewards.
Through this partnership with Caesars Sportsbook, a part of the largest gaming and entertainment company in the US, MSG Networks and Caesars Sportsbook will also launch a new content series on MSG Networks and its social media channels featuring Caesar himself, JB Smoove. A longtime Knicks fan and avid New York sports fan, JB Smoove embodies the legendary Caesar in Caesars Sportsbook’s national advertising campaign and the new content series “One Course with JB Smoove” will integrate Caesars Sportsbook betting odds and content.
“We’re thrilled to welcome Caesars Sportsbook - a renowned brand in the sports betting industry – to the MSG Sports and MSG Entertainment families,” said Ron Skotarczak, Executive Vice President, Marketing Partnerships, MSG Entertainment. “Caesars Sportsbook is a key player in the growing world of sports betting – and we look forward to utilizing this partnership to further strengthen our brands’ connection with Caesars customers, while also providing the company with significant exposure across our unrivaled set of assets.”
In addition, MSG Networks and Caesars Sportsbook will launch a 20-part programming marathon to bring back the hit series, “Four Courses with JB Smoove.” The show, which premiered in 2013, showcased JB Smoove having conversations with acclaimed athletes and celebrities from the comfort of a dinner table, and will now be updated with Caesars-themed content.
“I am thrilled to be reunited with my friends at MSG Networks,” said JB Smoove, Emmy nominated actor-comedian. “I can see it now: Caesar in the Mecca! A match made in heaven!”
Caesars Sportsbook will receive prominent exposure inside Madison Square Garden, including TV visible signage, in-arena LED messaging, GardenVision features and activations on the court and ice during Knicks and Rangers games. Digital boards outside of Madison Square Garden and in the new Moynihan Train Hall will also feature Caesars Sportsbook branding on display to the millions of people who walk by every day.
“Caesars Sportsbook is ready for expansion into New York,” said Eric Hession, Co-President of Caesars Digital. “To partner with these legendary New York brands for compelling creative content and branding uniquely positions us to reach the avid sports fans in the region.”
The easy-to-navigate Caesars Sportsbook app is currently live in 20 states and jurisdictions – 14 of which are mobile – and operates the largest number of retail sportsbooks across the country. The mobile app offers expansive wagering options, including live in-game betting, as well as safe and easy ways to deposit and withdraw funds.
About Madison Square Garden Sports Corp.
Madison Square Garden Sports Corp. (MSG Sports) (NYSE: MSGS) is a leading professional sports company, with a collection of assets that includes: the New York Knicks (NBA) and the New York Rangers (NHL); two development league teams – the Westchester Knicks (NBAGL) and the Hartford Wolf Pack (AHL); and e
The ERI management team is the best in the industry.
have any idea of which Casino they plan to sell?
Penn National Gaming, Inc.
Sports gaming in NJ: $PENN NJ had Sept market share of 5% vs up 2% m/m. $CZR NJ to 6% vs flat m/m and $MGM share increased to 16% from 9%/11% in Aug/July. DraftKings had 17% market share vs. 25%/20% over the past two months.
They beat on revenue and people are selling before they listen to the call...nobody is an investor anymore.
Wait for the call, it’s EPS miss seems to be because of money spent on digital gaming. I don’t necessarily view that as a negative. Made money and spent some money to try and grow
Price target raises have to be coming listening to this call.. what do you guys think?
by end of year will be in the one twenties. great buy at this price.
Those selling now will regret their decision in the very near future ...
Their october handle is off the charts cant wait till next earnings.
My target remains 135, and raising to 155.
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Caesars Entertainment is down 6.22% to 88.10
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