Caesars Entertainment, headquartered in Reno, Nevada, manages casinos and resorts under multiple brands and operates approximately 53 properties across 18 states. The company offers gaming, entertainment, and hospitality services, employing 51,000 staff.
CZR has been in the news recently: Caesars Entertainment Inc (CZR) has experienced a stock decline of over 21% this year attributed to financial concerns and rising interest rates, though a recovery may be on the horizon. Additionally, Wolfe Research has noted that Caesars, along with other companies, may face selling pressure due to tax-loss harvesting strategies as 2025 approaches.
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