Description
Overview of Full Caesars Entertainment Inc Fiscal Year 2023
Research Goals and Objectives
Research Objective: To study Caesars Entertainment Inc publicly available financial information, determine the company's development strategy, and compile an overview of its Annual Financial Reports.
Research Tasks:
- Find the company’s comprehensive financial and corporate information;
- Analyze the gathered information;
- Draw conclusions based on the analyzed data.
Disclaimers
The information collected in this report reflects data from the company's public reports and is not questioned or verified via other sources. In other words, information from the company's public reports is taken and used as is.
If additional information from other sources is used or if the data used is reflective of the researcher's personal opinion, this will be labeled accordingly.
Document Markup
- FY - Financial Year;
- Q - Quarter;
- CE - Caesars Entertainment Inc;
- ER - Eldorado Resorts;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-year (YoY) calculations of relative values were not performed in cases where last year's profit changed to a loss in the current year and vice versa within the scope of the current report;
- Caesars Entertainment Inc Annual Report Period is from January 1 to December 31, 2023;
- The specified financial year coincides with the calendar year.
Short Insights
The key findings highlighted in the report are as follows:
- Caesars Entertainment Inc is a casino-entertainment holding company in the U.S. The company specializes in a diverse range of offerings, including mobile and online gaming, entertainment and hospitality services, and sports betting.
- CE finalized the purchase of the remaining 24.2% equity stake in Horseshoe Baltimore on July 10, 2023, for a total of 66 million USD.
- On July 20, 2020, the merger between Eldorado Resorts and Caesars Entertainment Corporation was successfully concluded. As a result, Caesars Entertainment Corporation rebranded as Caesars Holdings, Inc., while Eldorado Resorts, Inc. transitioned into a Delaware corporation under the name Caesars Entertainment, Inc.
