Talk about a summer glow-up:The 79-year-old Flamingo Las Vegas continues a multi-phase transformation with the debut of the new $20 million GO Pool complex just in time for peak pool season on the Strip.The historic resort received a $90 million room refresh in 2017, kicking off this recent wave of
Caesars Entertainment has added two independent directors to its board – Icahn Enterprises General Counsel Jesse Lynn and Chief Financial Officer Ted Papapostolou – who will join the board immediately, subject to customary regulatory approvals.“I would like to welcome Jesse and Ted to the board,” Ca
Caesars Entertainment will consider splitting its online gaming business into a separate publicly traded company, CEO Tom Reeg told investors Tuesday.Reeg said Caesars believes its digital properties—online sports betting and iGaming—have been undervalued because they are grouped with its much large
Caesars Entertainment Continues to Reinvest in Las Vegas PropertiesLas Vegas is currently the home of nearly 300 hotels and casino resorts. As a premium gaming, entertainment and hospitality destination that is popular across the globe, Sin City welcomes tens of millions of visitors every year.While
Rome wasn’t built in a day, and neither was Caesars Entertainment’s Las Vegas casino empire.With a yearslong, multimillion-dollar reinvestment campaign well underway, the company continues to modernize its eight Strip properties with upgraded rooms, expanded dining options and refreshed casino floor
According to a Wall Street analyst, Caesars Entertainment will show a better hold than its peers on the Las Vegas Strip when it releases results next Tuesday. Unlike it’s competitors, however, Caesars will come in below consensus.Deutsche Bank’s Carlo Santatelli advised investors not to get carried
Spend a few minutes with him, and you’ll quickly learn Chris Albrecht is a numbers guy.He’s got a bachelor’s degree in finance from the Massachusetts Institute of Technology and a master’s degree in business administration from UCLA.He was a poker enthusiast early on. But it wasn’t until a company o
Being able to develop its own proprietary online casino games is a big reason for expanding its partnership with Toronto-based Bragg Gaming, Caesars Entertainment announced Wednesday.“Bragg’s technological expertise has consistently exceeded our expectations throughout our partnership,” said Matt Su
Bragg Gaming Group expects an upgraded relationship with Caesars Entertainment to drive double-digit growth in revenue and profitability, especially in North America. Caesars is now able to lease Bragg’s remote gaming server to create its own proprietary online casino games. In making Caesars a t
Caesars Entertainment announces a collaboration with Evolution to develop a new branded live dealer studio experience for its three online casino platforms in Pennsylvania.The studio will be available to players at Caesars Palace Online Casino, Horseshoe Online Casino, and Caesars Sportsbook and Cas
Caesars Entertainment has announced the launch of its first branded online casino live dealer studio for players on Caesars Palace Online Casino, Horseshoe Online Casino, and Caesars Sportsbook & Casino in Pennsylvania. The launch was made possible through Caesars’ partnership with Evolution Gam
Marc Holliday, CEO of SL Green Realty Corp., could pocket a $10 million bonus if a coalition led byCaesars Entertainment wins its bid to develop a casino in Times Square. The lucrative incentive, disclosed in a recent SEC filing, underscores the high stakes in the competition for one of three downst
J.P. Morgan analyst Joseph Greff ratcheted down his fourth-quarter Las Vegas Strip cash-flow projection from Caesars Entertainment.The revision was announced in a January 2 investor note, in which Greff lowered his price target on CZR shares from $58 to $57. Shares were trading at $33.42 at the time
Jordan Kerr, a skilled blackjack player from North Haven, Connecticut, has filed a lawsuit against Horseshoe Baltimore and its parent company, Caesars Entertainment, alleging unlawful detention during an incident at the casino in October 2024. The legal action, initially brought in Baltimore City Ci
J.P. Morgan analyst Joesph Greff has lowered his fourth-quarter Las Vegas Strip cash-flow projections for Caesars Entertainment. The revision stems from a disappointing Las Vegas Grand Prix in 2024 compared to November 2023's inaugural run. Greff lowered his price target on CZR shares from $58 to $5
Caesars Entertainment stock, which has traded in the low $30s to end 2024, has a projected price target of $56 in 2025 as it unlocks value from its digital operations, according to an investor note from Deutsche Bank.Though Deutsche Bank’s Las Vegas Strip outlook for 2025 is “measured with modest to
