Full-Time
Updated on 9/3/2026
Operates casinos, resorts, and entertainment venues
$20/hr
Atlantic City, NJ, USA
In Person
Bachelor's
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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.
Company Size
10,001+
Company Stage
IPO
Headquarters
Las Vegas, Nevada
Founded
1973
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Flexible Work Hours
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Paid Holidays
Remote Work Options
401(k) Retirement Plan
401(k) Company Match
Atlantic City casinos report profit decline despite revenue growth. Atlantic City casinos report profit decline despite revenue growth vanja mitic august 27, 2026 latest casino and gambling news. Atlantic City's casino industry recorded higher revenue during the second quarter of 2026, while rising operating expenses reduced profitability across most properties. The nine casinos generated $844.5 million in net revenue during the quarter, representing a 0.9% increase compared with the same period in 2025. Gross operating profit, however, declined 10.1% to $164.9 million. The results continued a pattern seen earlier in the year, when revenue remained relatively stable while profits weakened. Industry figures showed that expenses related to labor, goods, services, and online operations placed additional pressure on casino earnings. James Plousis, chair of the New Jersey Casino Control Commission, said casinos faced their highest second-quarter costs and expenses in nine years. "The casino hotels encountered their highest second-quarter costs and expenses in nine years, significantly constraining reported gross operating profits," Plousis said. Borgata maintains profit leadership. As published in New Jersey Division of Gaming Enforcement (DGE)'s release (pdf), Borgata Hotel Casino & Spa remained the most profitable casino in Atlantic City during the second quarter, generating $60.1 million in gross operating profit. The figure represented a 4.7% decline from the previous year, while revenue increased 3.6% to $218.4 million. Ocean Casino Resort recorded the strongest profit growth among the major properties, with gross operating profit rising 12.2% to $30.1 million. Its revenue increased 9.2% to $142 million. Hard Rock Hotel & Casino Atlantic City reported $29.1 million in profit, down 10.5%, while revenue decreased slightly to $148.4 million. Caesars Atlantic City was another property to post higher earnings, with profit increasing 2.9% to approximately $13 million and revenue rising 7.7% to $68.1 million. The remaining casinos reported lower quarterly profits. Tropicana Atlantic City's profit fell 8.7% to $13.6 million, Harrah's Atlantic City declined 6.8% to $11.1 million, and Bally's Atlantic City dropped 8.8% to $2.1 million. Golden Nugget Atlantic City recorded a 43% profit decline to $2.9 million, while Resorts Casino Hotel experienced the largest reduction, with profit falling 95.2% to $473,000. Resorts attributed much of the decline to a deferred revenue payment from PokerStars in the previous year that was not repeated after the partnership ended. Revenue growth fails to offset rising costs. During the first half of 2026, Atlantic City casinos generated $1.57 billion in net revenue, a 0.2% increase year over year. Gross operating profit dropped 15.5% to $269.6 million, leaving the market approximately $49.6 million below the previous year's profit total. The industry's profit margin also narrowed from 20.4% to around 17.2%. Borgata remained the first-half profit leader with $99.9 million, although that represented a 10.2% decrease. Hard Rock and Ocean followed with approximately $48.9 million each, together accounting for most of the market's first-half earnings. Caesars improved its first-half profit by 11.1% to $17.9 million, while Bally's moved from a loss of $896,000 in the first half of 2025 to a $1.3 million profit in 2026. Brian Tyrrell, director of Stockton University's Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism, said the figures reflected a broader profitability challenge. "Even allowing for seasonal variation, there appears to be a clear trend in declining gross operating profit, even as the relatively mature integrated casino resort market in Atlantic City has produced steady net earnings year-over-year," Tyrrell said. He also noted that higher costs for goods, labor, internet operations, and sports betting contributed to the pressure on casino margins. "Revenue at Atlantic City casinos does not always translate to profitability," Tyrrell said. Hotel demand remains stable. Despite weaker profits, casino hotels continued to attract visitors during the first half of 2026. Second-quarter hotel occupancy reached 73.2%, up 0.6 percentage points from the previous year. The average room rate was $171.71. Ocean Casino Resort reported the highest occupancy rate at 87.1% and the highest average room rate at $269.24. Hard Rock followed with 86.4% occupancy, while Caesars reached 82.2%. Across the first six months of the year, casino hotel occupancy increased to 69%, compared with 67.8% during the same period in 2025. "All casino hotels were profitable in the second quarter, with two reporting higher profits compared to the same period last year. Stable net revenue and hotel occupancy demonstrate the casinos continue to compete well for gaming and leisure tourists," Plousis said. Atlantic City's casino market faces additional changes ahead, including competition from planned New York City casinos and possible ownership changes among existing operators. A potential acquisition of Caesars Entertainment by Golden Nugget owner Tilman Fertitta could alter the city's ownership structure. If completed, the transaction could result in Fertitta's company controlling four of Atlantic City's nine casinos, requiring regulators to review whether the arrangement creates concerns under New Jersey's economic concentration rules.
New Jersey imposes record $251K fine on Caesars Sportsbook. Added: August 26, 2026 The New Jersey Division of Gaming Enforcement (NJDGE) has imposed a $251,250 civil penalty on Caesars Sportsbook after regulators found multiple breaches in responsible gaming messaging and self-exclusion policies, with the authority further ordering the operator to pay an additional $45,465 in disgorgement. The investigation into Caesars Sportsbook first began on August 5, 2026, as a result of which the regulator identified the violations and imposed the biggest penalty that the NJDGE has ever issued. Previously, New Jersey had fined operators $40,000 and $100,000, and the biggest reported penalty was $112,188, which was imposed on Super Group, Betway, and Jackpot City. The NJDGE shared in a statement: "It is hereby ordered that the Action in Lieu of Complaint dated August 5, 2026 and issued by the Division of Gaming Enforcement to Caesars Sportsbook regarding responsible gaming matters concerning non-compliance with N.J.A.C. 13:69C-14.2(b)...is hereby adopted." The stricter enforcement action is part of a broader trend in the United States, with gambling regulators in states like Ohio having issued penalties reaching $150,000 and $250,000 on operators including Barstool Sportsbook, Caesars, DraftKings, and BetMGM. At the same time, the measure against Caesars Sportsbook isn't the only one during the last year, as the operator was hit with a $10,000 fine in Massachusetts and an additional $7.8 million proposed penalty in Nevada.
Atlantic City casinos becoming less profitable despite higher gaming revenue, analyst warns. Atlantic City's nine casinos saw their operating profits decline by 9.3% to $162.4 million in the second quarter, with a Stockton University analyst calling it "a clear trend" of the city's casinos becoming less profitable. Including online-only Caesars Interactive Entertainment New Jersey, the decline was 10.1%, according to the New Jersey Division of Gaming Enforcement's data. All nine casinos remained profitable, but only Ocean Casino Resort and Caesars Atlantic City posted year-on-year increases. "Even allowing for seasonal variation, there appears to be a clear trend in declining gross operating profit, even as the relatively mature integrated casino resort market in Atlantic City has produced steady net earnings year-over-year," said Brian Tyrrell, director of Stockton's Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism, as reported by the Press of Atlantic City. Borgata Hotel Casino & Spa recorded the highest profit at $60.1 million, down 4.7%. Ocean followed with $30.1 million, up 12.2%, while Hard Rock Hotel & Casino Atlantic City reported $29.1 million, down 10.5%. Tropicana Atlantic City posted $13.5 million, down 8.7%, while Caesars recorded $12.9 million, up 2.9%. Harrah's Resort Atlantic City reported just over $11 million, down 6.8%. Golden Nugget Atlantic City's profit fell 43% to $2.9 million, while Bally's Atlantic City reported $2.1 million, down 8.8%. Resorts Casino Hotel posted $473,000, a decline of more than 95%. Caesars Interactive recorded an operating profit of $2.4 million, down 43.5%. "Revenue at Atlantic City casinos does not always translate to profitability," said Tyrrell. Gross gambling revenue increased 7.3% in the first half of 2026 from the same period in 2025, while net revenue rose 0.2%. Gross operating profit, however, fell 15.5%. Tyrrell attributed the pressure partly to higher costs for goods and labour, as well as increased internet and sports betting expenses, which he said added $120 million in costs for casinos and their partners. For his part, Resorts President Mark Giannantonio attributed his casino's profit decline largely to a deferred revenue payment from PokerStars in 2025 that was not repeated this year after their contract ended in 2025. New Jersey Casino Control Commission Chairman James Plousis said the casinos faced their highest second-quarter costs and expenses in nine years. Despite the decline in profits, he said stable net revenue and hotel occupancy showed that the casinos continued to compete for gaming and leisure tourists. Ocean recorded the highest hotel occupancy at 87.1%, while Golden Nugget had the lowest at 53%. Ocean also posted the highest average nightly room rate at $269.24, compared with $109.96 at Golden Nugget. Across the nine casino-hotels, occupancy stood at 73.2%, with an average nightly room rate of $171.71. Atlantic City's casino market also faces potential changes from new casinos planned in New York City and ownership changes among its existing operators. A pending sale of Caesars Entertainment to Golden Nugget owner Tilman Fertitta could affect Atlantic City's market. If completed, the deal would give Fertitta's company ownership of four of the city's nine casinos. New Jersey regulators would then have to assess whether the ownership structure violates the state's law against undue economic concentration. Potential measures could include requiring the sale or closure of one or more casinos. Meanwhile, Bally's Corp. said it faces challenges as it works to develop casinos in New York, Chicago and Las Vegas.
New Jersey casino revenue sees slight growth in Q2 despite profitfall. August 25, 2026 Stable revenue amid profit declines in New Jersey's casino sector. The New Jersey Division of Gaming Enforcement (DGE) has released its report on the state's casino industry performance for the second quarter of 2026. While casino revenue remained relatively steady, there was a significant drop in overall profit during this period. Financial overview for Q2 and H1 2026. The casinos licensed in New Jersey collectively generated net revenues totaling $844.5 million in Q2, marking a modest 0.9% increase compared to the same quarter last year. However, gross operating profit took a downturn, falling by 10.1% to $164.9 million. Looking at the first half (H1) of 2026, the figures reflected a similar trend: net revenues edged up slightly by 0.2% to $1.57 billion, whereas gross operating profit dropped more sharply by 15.5%, reaching $269.6 million. In addition, the occupancy rate for casino hotel rooms increased to 73.2% in Q2, up 0.6% from the previous year. The first half occupancy rate was recorded at 69%, showing a 1.2% improvement year-over-year. Performance breakdown by casino licensee. Analyzing individual casino results reveals that Caesars and Ocean Casino were the only properties to report gains in both net revenue and gross operating profit for the quarter. Below is a detailed summary of each casino's Q2 performance: * Bally's: Net revenue fell by 3% to $47.5 million, with operating profit decreasing 8.8% to $2.1 million. * Borgata: Experienced a 3.6% rise in net revenue to $218.4 million but saw a 4.7% reduction in operating profit to $60.1 million. * Caesars: Achieved a 7.7% increase in net revenue reaching $68 million and a 2.9% boost in operating profit to $12.9 million. * Golden Nugget: Net revenue declined by 6% to $36.3 million, with a steep 43% drop in operating profit to $2.9 million. * Hard Rock: Slightly lower net revenue by 0.9% at $148.4 million, while operating profit improved by 10.5% to $29.1 million. * Harrah's: Saw net revenue grow 2.7% to $69.6 million, yet operating profit fell 6.8% to $11 million. * Ocean Casino: Reported a strong 9.2% increase in net revenue to $142 million and a 12.2% rise in operating profit to $30.1 million. * Resorts: Suffered a sharp net revenue decline of 20.3% down to $39.6 million, accompanied by a 95.2% plunge in operating profit to $474,000. * Tropicana: Experienced a minor net revenue decrease of 0.5% to $66.6 million, with operating profit dropping 8.7% to $13.6 million. * CIENJ: Net revenue dropped significantly by 28.2% to $8 million, with operating profit decreasing by 43.5% to $2.5 million.
Caesars unveils record-busting $1.5 million loyalty tier. Posted on: August 24, 2026, 12:20h. Last updated on: August 24, 2026, 12:20h. Key points. * Caesars Entertainment has announced its new top-tier loyalty level, Olympus, requiring 300,000 tier credits and an invitation * Achieving this status reflects about $1.5 million in theoretical spending across gaming, hospitality, and digital platforms * Perks for the ultra-exclusive tier include suite upgrades, a seven-night annual retreat, and an inaugural founders party in March 2027 Caesars Entertainment just announced what experts believe to be the most expensive casino loyalty tier ever offered. The company confirmed that its new top tier, called Olympus, will debut in January 2027 and require 300,000 tier credits to achieve - an amount reflecting about $1.5 million in theoretical spending across gaming, hospitality and partner activity in North America. But even that won't be enough to join. Members will also need to receive an invitation. The company has not disclosed how many members it expects to qualify or how invitations will be evaluated beyond tier-credit accumulation. Mounting Olympus benefits. Olympus will require double the amount of tier credits as Seven Stars, the long-standing former top tier in the Caesars Rewards hierarchy. Members who reach the new apex will receive suite upgrades (subject to availability), 40% faster reward-credit earning, and access to exclusive events. Caesars said the tier will include a seven-night annual retreat, with an inaugural founders party planned for March 2027 at Caesars Palace. A dedicated Olympus loyalty card will be issued beginning February 1, 2027. The company also confirmed that tier credits will continue to accrue through its digital platforms, including Caesars Sportsbook, Caesars Palace Online Casino, Horseshoe Online Casino, and WSOP Online, reflecting the growing role of online wagering in loyalty programs. Tier pressure. Other major Las Vegas casino resort companies maintain similar invitation-only top tiers aimed exclusively at their largest whales. These include the MGM NOIR, Wynn Chairman's Club, and Venetian Chairman loyalty tiers. However, only Caesars publicly states a tier-credit minimum for joining. The launch comes as Caesars continues to expand and modernize its loyalty ecosystem. Caesars Rewards is one of the largest casino loyalty programs in the U.S., with more than 65 million members, according to company filings. The program spans 54 properties across North America, including nine resorts on the Las Vegas Strip. The rollout also arrives amid heightened corporate attention on Caesars. The company has entered into a definitive agreement to be acquired by Fertitta Entertainment, the Houston-based hospitality group led by Tilman Fertitta, who currently owns the Golden Nugget in Las Vegas and serves as U.S. ambassador to Italy and San Marino. Corey Levitan joined Casino.org in 2022 after a long career covering Las Vegas. He currently covers entertainment, dining and gaming news in Las Vegas. Corey spent six years covering the Vegas Strip for the Las Vegas Review-Journal, where he also wrote the most popular humor column in the city's history. (For "Fear and Loafing," he tried out 176 Vegas jobs, including poker player, blackjack dealer and Follie Bergere dancer.) Corey has won more than 100 local, state and national awards for his journalism, which has also appeared in Rolling Stone, New York Magazine and the New York Post. Corey is a New York native whose hobbies include playing guitar, trying to be a better husband, and arguing with strangers on Facebook. Contact Corey at [email protected].