Caesars Entertainment (NASDAQ:CZR) is a leading global gaming and hospitality company that develops, manages and operates a network of destination resorts, casinos and entertainment venues. The company’s properties feature a comprehensive range of amenities, including hotel accommodations, gourmet and casual dining, nightlife and retail outlets. Caesars is also known for its large-scale entertainment offerings, hosting live performances, sporting events and conventions across its flagship resorts.
With a primary focus on the United States market, Caesars operates a diversified portfolio of resorts in key gaming jurisdictions such as Nevada, Atlantic City, Illinois and Mississippi, among others. The company has also expanded its digital footprint, offering online sports betting and iGaming services in regulated U.S. states. Through strategic partnerships and licensing agreements, Caesars extends its brand internationally, providing customers with seamless access to its loyalty program and gaming platforms.
Originally founded by William F. Harrah in Reno, Nevada, in 1937, the company evolved from Harrah’s Casino into Caesars Entertainment, inheriting the iconic Caesars Palace brand in Las Vegas in the early 2000s. After navigating a restructuring process in 2015 and completing a transformative merger with Eldorado Resorts in 2020, Caesars strengthened its balance sheet and operational scale. Under the leadership of President and Chief Executive Officer Tom Reeg, the company has focused on streamlining operations, enhancing customer loyalty offerings and expanding its digital gaming presence.
Caesars’ core services revolve around integrated resort experiences, melding traditional casino gaming with luxury accommodations, dining, retail and live entertainment. Its proprietary Caesars Rewards program unifies on-property and online activity, offering members tiered benefits and access to exclusive events. Through Caesars Digital, the company delivers mobile and online gaming, sports wagering and interactive experiences, positioning itself at the forefront of innovation in the gaming and hospitality industry.
