Caesars Entertainment (CZR)
Consumer Discretionary · Gaming, hospitality, and digital sports betting
Caesars Entertainment owns and operates a geographically diversified portfolio of casino resorts and digital gaming platforms across North America, generating revenue from slot machines, table games, hotel stays, and rapidly expanding online sports betting and iGaming operations.
What Caesars Entertainment does
Caesars Entertainment is a diversified gaming and hospitality company operating 52 domestic properties across 18 states as of December 2025. It generates revenue from casino operations (slot machines, table games, sports betting, and iGaming), food and beverage, hotel accommodations, and entertainment services. The company operates retail and online sports betting across 34 North American jurisdictions and iGaming in five jurisdictions, leveraging brands including Caesars Sportsbook, Caesars Palace Online Casino, and Horseshoe Online Casino.
Themes: ["Casino gaming and hospitality","Online sports betting","iGaming / online casino","Retail sports betting","Digital gaming expansion","Loyalty rewards programs","Hotel and resort operations","F&B and entertainment"]
Fundamentals
- Price$29.77 as of 2026-07-09 close
- Market cap$6.1B as of 2026-07-10
- 1-year return-0.5% as of 2026-07-09 close
- Net margin-4.2% as of 2026-07-10
- Gross margin+47.1% as of 2026-07-10
- ROE-13.3% as of 2026-07-10
- Debt / equity7.30 as of 2026-07-10
- Revenue growth (YoY)+2.4% as of 2026-07-10
- Revenue CAGR (3y)+2.0% SEC XBRL
- Beta1.75 as of 2026-07-10
Key risks (from latest filing)
["Significant debt burden of approximately $24.8 billion in long-term financing obligations and long-term debt, combined with operating losses (-$98 million net loss in Q1 2026) and negative net margins, creating refinancing and liquidity risks.","Exposure to gaming and hospitality industry cyclicality and macroeconomic sensitivity, particularly consumer discretionary spending pressures, which could further reduce casino revenues that represent 58% of total revenue.","Regulatory and legal risks related to multi-jurisdictional gaming operations, sports betting expansion across 34 jurisdictions, and iGaming in five jurisdictions, including changes in gaming regulations and compliance requirements."]
Competitors & peers
- Las Vegas Sands (LVS)
- MGM Resorts International (MGM)
- Wynn Resorts (WYNN)
- Penn Entertainment (PENN)
- Boyd Gaming (BYD)
- Bally's Corporation (BALY)
- DraftKings (DKNG)
- FanDuel (owned by Flutter Entertainment)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.