It might feel like yesterday, but it’s already been six years since the U.S. Supreme Court lifted the federal ban on sports betting. This has allowed states to legalize the sport, and now, over 30  states and D.C. have offered different online options. It has also been reported that 10 other states will come through the legalization soon. Of course, this has been very good news for investors in sports betting stocks.Although sports betting is nothing new, the sector has definitely grown since its ban was li ...

Chef Ramsay Brings Menu Inspired by His Global Travels to Brand's First St. Louis RestaurantST. LOUIS, May 16, 2024 /PRNewswire/ -- Four Seasons Hotel St. Louis, in collaboration with Horseshoe St. Louis, announces the opening of Ramsay's Kitchen By Gordon Ramsay, the first restaurant in St. Louis from multi-Michelin-starred Chef Gordon Ramsay. Inspired by Chef Ramsay's travels abroad, the Ramsay's Kitchen concept takes guests on a global culinary journey.  "St. Louis is an incredible foodie destination, wi ...

文章核心观点 - 哈拉斯南加州度假村正式迎来新任市长马丁·肖特,他是该城市的第四任名人市长[1][2][3] - 新任市长马丁·肖特将致力于提升富纳城的娱乐体验,包括推出各种美食、酒吧、酒店套餐和水疗服务等[2][3] - 哈拉斯南加州度假村是由林肯部落拥有的,是凯撒娱乐公司的子公司[7][9][10] 公司概况 - 哈拉斯南加州度假村位于加州南部沙漠地区,拥有两栋豪华大楼共1,087间客房,提供多种餐厅、水疗中心、会议场地等设施[7] - 哈拉斯南加州度假村是该地区最大的赌场度假村,全天候开放,拥有各种老虎机、桌游和高限区[7] - 哈拉斯南加州度假村是该地区首家自2020年以来新开设的坐式餐厅度假村[7] - 哈拉斯南加州度假村是该地区最大的太阳能电场,拥有4,056块太阳能电池板,年发电量达1.1兆瓦[7] 行业概况 - 凯撒娱乐公司是美国最大的赌场娱乐公司,也是世界上最多元化的赌场娱乐供应商之一[10] - 凯撒娱乐公司自1937年在内华达州里诺创立以来,一直通过新度假村开发、扩张和收购不断壮大[10] - 凯撒娱乐公司的度假村主要以凯撒、哈拉斯、马蹄、艾尔多拉多等品牌运营[10] - 凯撒娱乐公司提供多样化的博彩、娱乐和酒店设施,以及全方位的移动和在线博彩及体育博彩体验[10]

Caesars Entertainment, Inc. (CZR) reported drab first-quarter 2024 results, with earnings and revenues missing their respective Zacks Consensus Estimate. Also, the top and the bottom line declined on a year-over-year basis.Following the results, the diversified gaming and hospitality company’s shares dropped 3% in the after-market trading session on Apr 30, 2024.Earnings & Revenue DiscussionDuring the quarter, the company recorded an adjusted loss per share of 55 cents, wider than the Zacks Consensus Estima ...

财务数据和关键指标变化 - 第一季度合并净收入27亿美元,同比下降1% [7] - 总调整后EBITDAR为8.53亿美元,同比下降10% [7] 各条业务线数据和关键指标变化 - 拉斯维加斯分部第一季度调整后EBITDAR为4.4亿美元,创下第一季度历史第二好成绩 [8] - 拉斯维加斯分部第一季度入住率创下97.6%的新纪录,现金酒店和餐饮收入也创下第一季度新高 [8] - 地区分部第一季度调整后EBITDAR为4.33亿美元,同比下降3%,主要受到不利天气影响 [9] - 数字分部第一季度净收入为2.82亿美元,同比增长19%,调整后EBITDA为500万美元 [12][13] - 数字分部在线体育博彩和在线赌场业务均实现强劲增长,分别同比增长23%和54% [12][13] 各个市场数据和关键指标变化 - 拉斯维加斯分部第一季度桌游赌注下降10%,老虎机赌注下降7%,主要受到去年里约酒店的影响 [59][60] - 地区分部第一季度1月收入同比下降超过20%,2月下降约4%,3月增长约10% [32] 公司战略和发展方向及行业竞争 - 公司将在2024年完成几个重大建设项目,包括内布拉斯加州哥伦布市、路易斯安那州新奥尔良和弗吉尼亚州丹维尔的永久性设施,预计将带来强劲的资本回报 [10] - 公司正在努力提高数字业务的盈利能力,包括提升体育博彩的赔率水平、完善同赛事单式过关等功能,并计划在2024年下半年推出新的在线赌场品牌 [14][15][16] - 公司预计数字业务2025年收入将达到17亿美元,EBITDA将超过4亿美元,这还不包括一些合作关系到期后的额外收益 [38][39] 管理层对经营环境和未来前景的评论 - 公司CEO表示,第一季度出现了多个一次性负面因素,包括拉斯维加斯的低桌游赌注收益率、地区分部受到恶劣天气影响以及北卡罗来纳州体育博彩业务的亏损,但公司基本面并未发生根本性变化 [24][25][26][27][28][29][30][31][32][33][34][35][36][37] - 管理层对拉斯维加斯和地区分部的未来前景保持乐观,预计未来几个季度业绩将持续改善 [27][28][29][30][31][32] - 管理层对数字业务的发展前景也非常乐观,预计未来几年收入和利润将保持高速增长 [38][39][40][41][42][43] 问答环节重要的提问和回答 问题1 **Carlo Santarelli 提问** 询问拉斯维加斯分部现金房价和优惠房价的占比变化情况 [49][50][51][52][53][54][55][56] **Tom Reeg 回答** 现金房价占比约75%,与之前相比没有太大变化 [52] 问题2 **Joe Greff 提问** 询问剔除里约酒店影响后,拉斯维加斯分部老虎机赌注和桌游赌注的具体变化情况 [59][60] **Tom Reeg 回答** 剔除里约酒店影响后,老虎机赌注下降2%,桌游赌注下降7% [60] 问题3 **Brandt Montour 提问** 询问地区分部第一季度营业费用保持平稳的原因,是否有一次性成本节约 [65][66][67] **Tom Reeg 回答** 没有从天气因素获得任何成本节约,公司一直在努力提高运营效率,通过增加收入和减少成本来提升利润 [66][67]

Caesars Entertainment (CZR) reported $2.74 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 3.1%. EPS of -$0.55 for the same period compares to $0.09 a year ago.The reported revenue represents a surprise of -2.92% over the Zacks Consensus Estimate of $2.82 billion. With the consensus EPS estimate being -$0.03, the EPS surprise was -1733.33%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-36629 CAESARS ENTERTAINMENT, INC. (Exact name of registrant as specified in its charter) Delaware 46-3657681 (State or other jurisd ...

Exhibit 99.1 Caesars Entertainment, Inc. Reports First Quarter 2024 Results LAS VEGAS and RENO, Nev. (April 30, 2024) – Caesars Entertainment, Inc., (NASDAQ: CZR) (“Caesars,” “CZR,” “CEI” or “the Company”) today reported operating results for the first quarter ended March 31, 2024. First Quarter 2024 and Recent Highlights: • GAAP net revenues of $2.7 billion versus $2.8 billion for the comparable prior-year period. • GAAP net loss of $158 million compared to net loss of $136 million for the comparable prior ...

Caesars Entertainment, Inc. (CZR) is scheduled to report first-quarter 2024 results on Apr 30, after the closing bell. In the last reported quarter, the company reported a negative earnings surprise of 1033.3%.The Trend in Estimate RevisionThe Zacks Consensus Estimate is pegged at a loss of 3 cents per share. In the prior-year quarter, CZR reported an earnings per share of 6 cents. The estimated figure has declined from earnings of 15 cents in the past 60 days. For revenues, the consensus mark is pegged at ...

Investors closely monitor insider buys. But who are ‘insiders’?An insider is defined by Section 16 of the Security Exchange Act as an officer, director, 10% stockholder, or anyone who possesses information because of their relationship with the company.Of course, many strict rules apply to insiders. Notably, they have a longer holding period than most, a critical aspect investors should know.Several companies – Grief (GEF) , SentinelOne (S) , and Ceasars Entertainment (CZR) – have all seen recent insider ac ...