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Reno, Nevada-based Caesars Entertainment, Inc. (CZR) owns and operates as a gaming and hospitality company. Valued at $7.57 billion by market cap, the company offers casino, poker, roulette, and other gaming facilities and provides food and beverage services. The company owns, leases, or manages domestic properties in 18 states and utilizes its hotels, restaurants, bars, entertainment, racing, sportsbook offerings, retail shops, and other services to attract customers to its properties.
Shares of this casino entertainment company have underperformed the broader market considerably over the past year. CZR has declined 35.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 17.3%. In 2024, CZR stock is down 22.5%, while the SPX is up 10.7% on a YTD basis.
