Tom Reeg News Today

Shares of Caesars Entertainment popped as much as 18% after Carl Ichan acknowledged a large position in the casino giant.

Despite record occupancy levels driven by the Super Bowl and other holiday visitors, Caesars Entertainment’s first-quarter financial results showed a decline in earnings that may suggest the Strip’s lengthy growth period is slowing.

Caesars posted a 3.1% drop revenue to $2.74bn in Q1 as digital growth failed to offset land-based declines across Las Vegas and Regionals.

The casino, online gaming, and resort company reported revenue of $2.74 billion, down from $2.83 billion year-over-year, for the quarter ending March 31.

Caesars Entertainment has announced the appointment of experienced executive Kim Harris Jones to its board of directors.

Caesars Entertainment reports quarterly losses of 73 cents per share. Quarterly sales came in at $2.74 billion, missing the $2.84 billion analyst consensus estimate.

Caesars Entertainment, Inc. today announced the appointment of Kim Harris Jones to its Board of Directors, effective April 29, 2024, subject to required regulatory approvals and pending licensure....

Baron Funds, an investment management company, released its “Baron Real Estate Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here.

At the East Coast Gaming Congress Thursday at the Hard Rock casino, numerous executives from some of the major casino companies in America acknowledged the opportunity of three downstate New York casino licenses — and the risk they will present to Atlantic City.

At the East Coast Gaming Congress Thursday at the Hard Rock casino, numerous executives from some of the major casino companies in America acknowledged the opportunity of three downstate New York casino licenses — and the risk they will present to Atlantic City.