Previous Close | 24.85 |
Open | 24.85 |
Bid | 17.45 |
Ask | 19.50 |
Strike | 20.00 |
Expire Date | 2025-01-17 |
Day's Range | 24.85 - 31.30 |
Contract Range | N/A |
Volume | |
Open Interest | 7 |
Despite a surge in visitors in Las Vegas due to the Super Bowl, the biggest sporting event in the U.S., Caesars reported a fall in its non-gaming segments such as dining and retail, as well as its gaming operations. "Caesars Digital delivered strong revenue growth despite lower-than-expected hold in online sports due to unfavorable outcomes for the Super Bowl and March Madness," said CEO Tom Reeg in a statement.
Challenges Persist as Caesars Reports a Deeper Net Loss and Revenue Decline
Hotel and casino entertainment company Caesars Entertainment (NASDAQ:CZR) missed analysts' expectations in Q1 CY2024, with revenue down 3.1% year on year to $2.74 billion. It made a GAAP loss of $0.73 per share, down from its loss of $0.63 per share in the same quarter last year.