C

Caesars Entertainment

Operates casinos, resorts, and entertainment venues

Overview

Caesars Entertainment operates a global portfolio of casinos, hotels, and entertainment venues. Its core business is gaming and hospitality, with casinos offering table games and slot machines, plus lodging, dining, live shows, and conventions. The product is the overall gaming and resort experience: guests gamble, stay, eat, and enjoy entertainment across properties worldwide. Caesars Palace in Las Vegas and other destinations anchor the brand. The company grew through acquisitions (notably Harrah’s over Caesars, and later Eldorado Resorts) to become a leading gaming and hospitality group. Its business model combines casino gaming revenue with hotel stays, hospitality services, and event-driven entertainment, leveraging a recognizable brand and scale to attract high-traffic destinations. The goal is to provide a comprehensive leisure and entertainment experience while sustaining growth and resilience in a competitive gaming industry.

Significant Headcount Growth

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About Caesars Entertainment

Simplify's Rating
Why Caesars Entertainment is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

EntertainmentGaming

Company Size

10,001+

Company Stage

IPO

Headquarters

Las Vegas, NV

Founded

1973

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What believers are saying

  • Caesars Digital posted record Q1 2026 EBITDA of $69 million.
  • New Jersey iGaming revenue exceeded $210 million through August 2026, up 11%.
  • Caesars Virginia crossed $1 billion lifetime revenue after opening in 2023.

What critics are saying

  • FTC's September 14, 2026 Second Request delays the Fertitta merger indefinitely.
  • Icahn board resignations on September 16, 2026 signal governance instability.
  • Caesars carried $11.8 billion debt at June 30, 2026; refinancing remains existential.

What makes Caesars Entertainment unique

  • Caesars Rewards links 52 domestic properties, online casino, and sports betting.
  • Remote Roulette launched September 21, 2026, merging Tropicana Atlantic City tables with online play.
  • Caesars Virginia and Caesars Republic Lake Tahoe show renovation-driven regional brand refreshes.

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Funding

Total Funding

$41.8M

Above

Industry Average

Funded Over

3 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison Coming Soon

Benefits

  • Flexible Work Hours
  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Paid Vacation
  • Paid Holidays
  • Remote Work Options
  • 401(k) Retirement Plan
  • 401(k) Company Match

Stock Price

Growth & Insights and Company News

6 month growth

1%

1 year growth

8%

2 year growth

8%
Global Gaming Insider
Nov 5th, 2026
Nevada board recommends licenses for five sportsbook locations.

Nevada board recommends licenses for five sportsbook locations. William Hill and Boomer's Sports Book applications will move to the Nevada Gaming Commission following unanimous recommendations from the state's Gaming Control Board. Key Points William Hill received recommendations for three locations, while Boomer's received two The Gaming Commission could grant the licenses at its 19 November meeting Regulators waived applicant appearances following recent reviews of both operators The Nevada Gaming Control Board has unanimously recommended licenses for five sportsbook locations operated by William Hill Nevada and Boomer's Sports Book under new partnerships or management arrangements. The applications now go to the Nevada Gaming Commission, which could approve them at its 19 November meeting. William Hill received recommendations for sportsbooks at Terrible's Casino in Indian Springs, Terrible's Casino in Carlin and Terrible's Searchlight Casino in Searchlight. Boomer's applications cover the Nevada Nugget in Dayton and the Delta Saloon in Virginia City. Board members approved the recommendations on 4 November without discussion or questions. According to the report, applicant appearances were waived because both operators had recently appeared before regulators multiple times. The William Hill applications continue a partnership between its owner, Caesars Entertainment, and Las Vegas-based Terrible's. The companies worked together in July to resume sportsbook operations at Primm Valley Resort following a 17-day shutdown that attracted regulatory scrutiny. Boomer's owner Joe Asher has also made several recent licensing appearances, including applications involving the Four Queens and Binion's in downtown Las Vegas. Asher has said the business aims to have 20 branded sportsbooks operating across Nevada by the end of the year. William Hill has meanwhile added or expanded locations during 2025 and 2026, including Virgin Hotels Las Vegas, Hotel Nevada in Ely and The Verdi Grillhouse. The recommendations follow mixed statewide trading figures. Nevada gaming revenue fell 0.1% year-on-year to approximately $1.3bn in September, after rising 3.1% to $1.27bn in August. Good to know Nevada sports pools generated $32.6m in gaming revenue in August 2026, down 22.5% year-on-year

Gamblify Ltd
Nov 5th, 2026
Horseshoe Baltimore pays dealer $150K to end ADA lawsuit.

Horseshoe Baltimore pays dealer $150K to end ADA lawsuit. A federal judge has approved a $150,000 settlement between the US Equal Employment Opportunity Commission and the operators of Horseshoe Casino Baltimore, closing a disability discrimination and retaliation case over a blackjack dealer fired after a heart attack on the gaming floor. The agreement carries a three-year consent decree with mandatory ADA training and reporting to the EEOC every 120 days. Caesars Entertainment has closed out a federal discrimination case in Maryland, and the cheque is the smaller half of the story. A judge approved a $150,000 settlement on November 3, ending a Horseshoe Baltimore discrimination lawsuit that the US Equal Employment Opportunity Commission filed. The case began on the casino floor, where a blackjack dealer suffered a heart attack during an overnight shift and then lost his job while he recovered from surgery. A three-year consent decree now governs how the property handles sick and injured staff. A heart attack days into a new role. Quann Massey had worked at the property since December 2022 and stepped into a table games dealer role in April 2023. Days later, he collapsed on the gaming floor during an overnight shift. Doctors admitted him to cardiac intensive care, he underwent surgery, and he spent an extended stretch on medical leave while he recovered. Massey stayed in touch with his employer throughout. He asked about coming back on an altered schedule with adjusted hours and other job modifications, the kind of request that triggers specific obligations for an employer under federal law. The complaint says management gave him one answer: he should not return at all if he still had medical restrictions. He found out he no longer had a job only when he called to ask about light duty options. Nobody had told him. The casino then refused to rehire him, and that sequence eventually gave Horseshoe Baltimore a federal lawsuit to answer. How Horseshoe Baltimore ended up in a federal lawsuit. The commission tried to settle the dispute privately first, which is standard procedure before any litigation begins. Conciliation failed, and on December 30, 2025 the agency filed suit in the US District Court for the District of Maryland. CBAC Borrower LLC, Caesars Baltimore Management Co. LLC and Caesars Entertainment Inc., which trade together as Horseshoe Casino, all appeared as defendants. The legal theory rested on the Americans with Disabilities Act. Investigators argued that the casino demanded a full-duty return with no restrictions, skipped the back-and-forth the ADA requires once a worker asks for accommodations, and retaliated when Massey pushed for his rights. Horseshoe Baltimore settled before the lawsuit reached a jury, which is how most cases of this type end. Caesars conceded none of it. The consent decree resolves the claims rather than testing them, so the allegations stand as allegations and nothing in the agreement establishes that the company broke the law. That distinction matters even when the outcome looks decisive on paper. What the $150,000 actually covers. Horseshoe Baltimore settles the lawsuit in two separate payments. Massey receives $130,000 in compensatory and punitive damages plus $20,000 in back pay, and the companies have 30 days from approval to hand the money over. US District Judge Brendan A. Hurson signed off on the agreement on Tuesday, November 3. Set against Caesars revenue, the number barely registers. The operator pulls in billions a year across its US portfolio, so a six-figure payment reads as a rounding error. The real cost of the Horseshoe Baltimore case arrived with the lawsuit's non-monetary terms, which bind the property for the next three years. Three years of federal oversight. Horseshoe Baltimore walks out of the lawsuit barred from discriminating on the basis of disability and from retaliating against anyone who asserts rights under the ADA. Managers, supervisors and human resources staff must sit through three-hour disability discrimination training sessions. Everyone else gets two hours. Reporting runs on a 120-day cycle. Horseshoe Baltimore has to document every accommodation request it receives and explain how it handled each one, then send that record to the commission for the full three-year term the lawsuit produced. Federal monitoring of that kind reshapes daily HR practice in a way a one-time cheque never does, because somebody has to justify every decision in writing. What Horseshoe Baltimore's lawsuit means for floor staff. Dealing is physical work. Dealers stand for most of a shift, work nights, and operate under constant surveillance and performance pressure, all of which makes medical restrictions genuinely awkward to schedule around. That difficulty does not remove an employer's duty to try. No-restrictions return policies turn up across the hospitality and gaming sector, and they attract EEOC attention precisely because they skip the individual assessment the law demands. An employer has to weigh the specific person, the specific job and the specific limitation before it decides anything. Blanket rules fail that test almost by definition. Other operators have a reference point now. Horseshoe Baltimore put a price on the lawsuit, and the decree attached to it tells any casino HR department what a broken accommodation process can cost beyond the cheque itself. Plenty of properties run similar policies without ever testing them. Where the case leaves Caesars. Massey gets his money within the month. Caesars walks away without an admission, with a modest bill and with a compliance programme it now has to run regardless. For the rest of the industry, the Horseshoe Baltimore outcome lands as a cheap lawsuit settlement that carries a far more expensive aftertaste for any operator running the same return-to-work policies. The next three years will produce a paper trail the commission can read every four months. If the property handles accommodation requests the way the decree requires, the agreement simply expires in 2029 and nobody hears about it again. If it does not, the agency already knows exactly where to look. The Author Slots and News Reviewer Nadia Winchester has worked in the gambling industry since 2018 and covers slots and industry news for CasinoDaddy. She plays every slot she writes about rather than summarising a provider's fact sheet: how the volatility actually feels over a session, how often the bonus round lands in practice, and whether the published RTP matches what the provider states. She is responsible for the site's slot reviews and free demo play section, writes the daily industry news, and builds and maintains many of the site's larger guide pages.

Global Gaming Insider
Nov 4th, 2026
Caesars partners with Terrible's to expand William Hill presence in Nevada.

Caesars partners with Terrible's to expand William Hill presence in Nevada. The NGCB will meet on November 4 to consider recommendations for three non-restricted gaming licenses, which also require final approval from the Nevada Gaming Commission. Key Points If approved, William Hill sportsbook services would be made available at casino properties in Indian Springs, Carlin and Searchlight Previously, Caesars worked with Terrible's to retain William Hill services at Primm Valley Resort following a 17-day closure Caesars Entertainment has formed a new partnership with Terrible's to expand its William Hill sportsbook services to three additional casino properties in Nevada, including locations in Indian Springs, Carlin and Searchlight. The operator is seeking three non-restricted gaming licenses from the Nevada Gaming Control Board (NGCB), who will consider recommendations made for each of the new expansion proposals on November 4. If advanced, the licenses would then require final approval from the Nevada Gaming Commission, most likely to be decided at the Commission's next meeting scheduled for November 19. Caesars Digital President Eric Hession stated that while "everybody thinks it's just the Strip and the big ones" when it comes to sportsbooks in Las Vegas, the operator remains focused on providing services "all the way to a tiny casino with just a kiosk and no window." To help promote William Hill's latest expansion, Caesars also introduced a Nevada $1m Parlay Cash Giveaway, where bettors who place a parlay wager meeting certain odds requirements have the chance to win a $30,000 weekly grand prize. The giveaway promotion will run throughout the 2026-2027 NFL season, as Hession believes "having that kind of an incentive to come in probably looks pretty good as far as some of the properties are concerned." Caesars also previously worked with Terrible's to retain William Hill operations at Primm Valley Resort following a 17-day shutdown in June. The Primm Family in Las Vegas signed a new agreement with Terrible's to help restore and enhance the city's casino and hospitality industry, as well as prevent Primm Valley Casino Resort, The Lotto Store and related properties from closing by July 4. In 2025, Caesars expanded William Hill services to Virgin Hotels Las Vegas, Hotel Nevada in Ely, Verdi Grillhouse and Barton's Club. The operator also worked with Rio Hotel & Casino to complete a full renovation of the property's 3,400 sq ft race and sportsbook space. Good to know Caesars Sportsbook unveiled a partnership with Clay Matthews for a new promotional campaign to highlight its upgraded features prior to the NFL season beginning on September 9

PREEMPT
Nov 4th, 2026
Horseshoe Casino and Caesars Entertainment companies to pay $150,000 in EEOC disability discrimination and retaliation lawsuit.

Horseshoe Casino and Caesars Entertainment companies to pay $150,000 in EEOC disability discrimination and retaliation lawsuit. BALTIMORE - Casino operators CBAC Borrower, LLC, Caesars Baltimore Management Co., LLC, and Caesars Entertainment, Inc., doing business together as Horseshoe Casino, will pay $150,000 and provide other equitable relief to settle a disability discrimination and retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today.

Global Gaming Insider
Oct 30th, 2026
Missouri sports betting revenue totals $15.5m for September, falls 7.5% M-o-M.

Missouri sports betting revenue totals $15.5m for September, falls 7.5% M-o-M. Revenue from mobile operations accounted for just over $15m of the state's September total and decreased 7.6%, as DraftKings led all online operators in Missouri with $8.4m. Key Points DraftKings' September mobile revenue grew 23.3%, while FanDuel reported a decrease of 29.3% to $3.8m Retail sports betting revenue in Missouri reached just $456,597, equating to a fall of 29.3% month-over-month The Missouri Gaming Commission has reported the state's total sports betting activity for September 2026, as online and commercial operators combined to generate $15.5m of revenue, equating to a month-over-month decrease of 7.5%. Mobile operations drove just over $15m of Missouri's total sports betting revenue for September, having decreased 7.6%. Retail betting accounted for just $456,597 of revenue, equating to a fall of 29.3% from August. DraftKings reported the highest mobile revenue of any Missouri operator and managed to increase the total 23.3% month-over-month to $8.4m. FanDuel reported a decrease of 29.3% for September, having generated just $3.8m. BetMGM and Fanatics reported $979,583 and $833,845 of mobile revenue for September, respectively, equating to an increase of 3.8% but a 25.9% fall for the latter. Caesars Sportsbook produced $556,867 of mobile revenue during the monthly period and decreased 2.6%. Missouri sports betting handle + revenue history. The decrease in total sports betting revenue during September was reported despite a 56.7% increase in Missouri's betting handle month-over-month. Online operations accounted for $318.7m and grew 56%, while retail betting increased 100.6% to $6.5m. On October 29, Kalshi filed a lawsuit against the Missouri Gaming Commission and several state officials, claiming only the Commodity Futures Trading Commission (CFTC) maintains authority to regulate its prediction markets. In September, Missouri Attorney General Catherine Hanaway issued cease-and-desist orders to six prediction market operators offering sports event contracts, including Polymarket, Kalshi, Crypto.com, Novig, Underdog and Robinhood. Crypto.com and Novig also responded to the cease-and-desist orders with lawsuits filed against Missouri regulators, having been given 30 days to stop offering sports event contracts to residents or obtain state licensing and pay the 10% wagering tax. Good to know The Missouri Gaming Commission reported total casino activity for September 2026 on October 20, as commercial operators generated $165.1m of revenue, representing an increase of 5%

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