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Caesars Entertainment Corp (CZR.OQ)

CZR.OQ on NASDAQ Stock Exchange Global Select Market

12.20USD
5 Jun 2020
Change (% chg)

$0.02 (+0.16%)
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$12.18
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$12.10
Volume
3,978,082
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Latest Key Developments (Source: Significant Developments)

Vici Properties Says Collected 100% Of Rent In May
Tuesday, 2 Jun 2020 

June 1 (Reuters) - VICI Properties Inc ::VICI PROPERTIES INC - COLLECTS 100% OF RENT IN MAY.VICI PROPERTIES INC - INITIATES SETTLEMENT OF $1.3 BILLION FORWARD SALE AGREEMENTS.VICI PROPERTIES INC - AGREES WITH CAESARS TO TEMPORARILY MODIFY CERTAIN CAPITAL EXPENDITURE REQUIREMENTS.VICI PROPERTIES INC - ANTICIPATES COLLECTING ALL RENT DUE FOR MONTH OF JUNE.VICI PROPERTIES INC - EXPECTS TO DELIVER TO FORWARD PURCHASERS 65 MILLION SHARES OF CO'S COMMON STOCK TO EFFECT SETTLEMENT.VICI PROPERTIES - AMENDMENT PROVIDES CAESARS WITH SOME RELIEF WITH RESPECT TO PORTION OF THEIR CAPEX OBLIGATIONS UNDER LEASES.VICI PROPERTIES INC - IN MAY 2020, AMENDED TRIPLE NET LEASE AGREEMENT WITH CENTURY CASINOS.VICI PROPERTIES INC - AGREED TO WAIVE CENTURY'S CAPITAL EXPENDITURE REQUIREMENTS FOR 2020.  Full Article

Caesars Entertainment Announces Las Vegas Reopening Plans
Friday, 22 May 2020 

May 21 (Reuters) - Caesars Entertainment Corp ::CAESARS ENTERTAINMENT ANNOUNCES LAS VEGAS REOPENING PLANS.CAESARS ENTERTAINMENT -TO RESUME GAMING AND HOSPITALITY OPERATIONS IN LAS VEGAS PROPERTIES ON DATE AND TIME FOR REOPENING SPECIFIED BY STATE OF NEVADA.CAESARS ENTERTAINMENT-ANTICIPATES THAT SEVERAL RETAIL AND DINING OUTLETS ALONG LINQ PROMENADE, AS WELL AS HIGH ROLLER OBSERVATION WHEEL, WILL REOPEN.CAESARS ENTERTAINMENT CORP - CAESARS' OTHER LAS VEGAS PROPERTIES AND DINING AMENITIES ARE EXPECTED TO REOPEN BASED ON CUSTOMER DEMAND.CAESARS ENTERTAINMENT- EXPECTS HARRAH'S LAS VEGAS HOTEL & CASINO AND GAMING FLOOR AT LINQ HOTEL & CASINO TO BE NEXT PROPERTIES IN LAS VEGAS TO REOPEN.  Full Article

Twin River Worldwide To Buy Three Casinos From Eldorado And Caesars
Friday, 24 Apr 2020 

April 24 (Reuters) - Twin River Worldwide Holdings Inc ::TWIN RIVER WORLDWIDE HOLDINGS TO ACQUIRE THREE CASINOS FROM ELDORADO AND CAESARS.TWIN RIVER WORLDWIDE HOLDINGS INC - DEAL FOR AGGREGATE PURCHASE PRICE OF $155 MILLION.TWIN RIVER WORLDWIDE HOLDINGS INC - TO ACQUIRE BALLY'S ATLANTIC CITY HOTEL & CASINO FOR $25 MILLION IN CASH.TWIN RIVER WORLDWIDE HOLDINGS INC - TRANSACTIONS ARE EXPECTED TO BE IMMEDIATELY ACCRETIVE TO EARNINGS.TWIN RIVER WORLDWIDE HOLDINGS INC - PLANS TO FUND TRANSACTIONS WITH CASH ON HAND, EXPECTED UPSIZING OF EXISTING CREDIT FACILITY.TWIN RIVER WORLDWIDE HOLDINGS INC - AGREEMENT WITH CAESARS AND VICI IS STRUCTURED AS AN ASSET PURCHASE.TWIN RIVER WORLDWIDE HOLDINGS INC - ACQUIRING SHREVEPORT'S OPERATIONS AND REAL ESTATE AND MONT BLEU'S OPERATIONS.  Full Article

Caesars Entertainment Temporarily Moving To Minimum Workforce Needed To Maintain Basic Operations
Friday, 3 Apr 2020 

April 2 (Reuters) - Caesars Entertainment Corp ::CAESARS PROVIDES BUSINESS UPDATE RELATED TO COVID-19 IMPACT.CAESARS IS TEMPORARILY MOVING TO MINIMUM WORKFORCE NEEDED TO MAINTAIN BASIC OPERATIONS.CO IS PAYING FURLOUGHED EMPLOYEES FOR FIRST TWO WEEKS OF CLOSURE PERIOD.FURLOUGHS EXPECTED TO IMPACT ABOUT 90% OF EMPLOYEES AT ITS DOMESTIC, OWNED PROPERTIES AS WELL AS ITS CORPORATE STAFF.  Full Article

Caesars Entertainment Announces Temporary Shutdown Of Network Of Properties
Wednesday, 18 Mar 2020 

March 17 (Reuters) - Caesars Entertainment Corp ::CAESARS ENTERTAINMENT ANNOUNCES TEMPORARY SHUTDOWN OF NETWORK OF PROPERTIES.CAESARS ENTERTAINMENT SAYS WILL TEMPORARILY SHUT DOWN ITS OWNED PROPERTIES IN NORTH AMERICA, CONSISTENT WITH DIRECTIVES FROM VARIOUS GOVERNMENT BODIES.  Full Article

Caesars Entertainment Says May Be Adversely Affected By Recent Coronavirus Outbreak
Wednesday, 26 Feb 2020 

Feb 25 (Reuters) - Caesars Entertainment Corp::CAESARS ENTERTAINMENT, UNDER RISK FACTORS IN ANNUAL 10-K FILING, SAYS "OUR BUSINESS MAY BE ADVERSELY AFFECTED BY THE RECENT CORONAVIRUS OUTBREAK".CAESARS ENTERTAINMENT SAYS CORONAVIRUS OUTBREAK MAY RESULT IN PERIOD OF BUSINESS DISRUPTION, REDUCED CUSTOMER TRAFFIC & REDUCED OPERATIONS.CAESARS ENTERTAINMENT SAYS CORONAVIRUS OUTBREAK MAY RESULT IN PERIOD OF BUSINESS DISRUPTION, REDUCED CUSTOMER TRAFFIC & REDUCED OPERATIONS.CAESARS ENTERTAINMENT SAYS ANY RESULTING FINANCIAL IMPACT FROM CORONAVIRUS OUTBREAK MAY MATERIALLY AFFECT BUSINESS.  Full Article

Caesars Entertainment Reports Qtrly Shr Loss $0.45
Wednesday, 26 Feb 2020 

Feb 25 (Reuters) - CAESARS ENTERTAINMENT CORP ::CAESARS ENTERTAINMENT REPORTS FOURTH QUARTER AND FULL YEAR 2019 RESULTS.Q4 REVENUE $2.17 BLN VS REFINITIV IBES ESTIMATE OF $2.13 BLN.QTRLY SHR LOSS $0.45.  Full Article

Kindred And Caesars Entertainment Sign Multi-State Agreements For Market Access
Wednesday, 12 Feb 2020 

Feb 11 (Reuters) - Kindred Group Plc ::KINDRED AND CAESARS ENTERTAINMENT SIGN MULTI-STATE AGREEMENTS FOR MARKET ACCESS.AGREEMENTS PROVIDE CO, UNDER UNIBET BRAND, IMMEDIATE ACCESS TO PURSUE LICENSING IN INDIANA & IOWA OVER TEN-YEAR PERIOD .IN INDIANA, KINDRED WILL PARTNER WITH CAESARS' HORSESHOE HAMMOND PROPERTY, AND IN IOWA WITH HARRAH'S COUNCIL BLUFFS.  Full Article

Caesars Announces Expiration Of Consent Solicitation, Receipt Of Requisite Consents On 5% Notes Due 2024
Thursday, 28 Nov 2019 

Nov 27 (Reuters) - Caesars Entertainment Corp ::CAESARS ENTERTAINMENT CORPORATION ANNOUNCES EXPIRATION OF CONSENT SOLICITATION AND RECEIPT OF REQUISITE CONSENTS WITH RESPECT TO ITS 5.00% CONVERTIBLE SENIOR NOTES DUE 2024.CONSENT SOLICITATION ON PROPOSED AMENDMENTS TO INDENTURE DATED OCT 6 2017 GOVERNING 5% NOTES DUE 2024 EXPIRED 5 PM NY CITY TIME NOV 27.AS OF EXPIRATION TIME, CO RECEIVED VALID CONSENTS IN RESPECT OF AT LEAST A MAJORITY OF AGGREGATE PRINCIPAL AMOUNT OF ALL OUTSTANDING NOTES.  Full Article

Caesars Entertainment Corp Reports Q3 Loss Per Share $0.53
Wednesday, 6 Nov 2019 

Nov 5 (Reuters) - Caesars Entertainment Corp ::CAESARS ENTERTAINMENT REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2019.Q3 LOSS PER SHARE $0.53.Q3 REVENUE $2.24 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.2 BILLION.Q3 EARNINGS PER SHARE ESTIMATE $-0.04 -- REFINITIV IBES DATA.MERGER WITH ELDORADO RESORTS REMAINS ON TRACK TO CLOSE IN FIRST HALF OF 2020.  Full Article

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MGM, Caesars and Boyd will participate in employee COVID-19 testing plan

The Las Vegas gaming industry will offer COVID-19 tests to employees before they return to work, the Culinary Union announced Tuesday, moving the hard-hit sector a step closer to reopening.