Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Caesars Entertainment Corporation    CZR

CAESARS ENTERTAINMENT CORPORATION

(CZR)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Caesars, Disney's ESPN Forge Partnership on Sports-Betting Content

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/14/2019 | 12:08pm EDT

By Allison Prang

Caesars Entertainment Corp. and Walt Disney Co.'s ESPN are making a joint effort to promote sports-betting content.

An ESPN studio for creating sports-betting news and entertainment content, as well as hosting an ESPNews show, "Daily Wager," will be built at The Linq Hotel & Casino, one of Caesars' Las Vegas properties, the companies said Tuesday. The studio will begin operating next year.

ESPN programming will also start to include branding and data from Caesars in the coming weeks, the companies said. Caesars will also provide odds data for ESPN.

ESPN's efforts come as broadcasters look for ways to capitalize on growth in sports betting after the U.S. Supreme Court last year invalidated federal restrictions on such wagers. Fox Corp., the parent of the Fox television network and FS1, last week said it would take a minority stake in a betting company and launch a platform allowing customers in states where sports betting is legal to wager on events.

Fox and The Wall Street Journal parent News Corp share common ownership.

Caesars also reached a deal with AT&T Inc.'s Turner Sports earlier this year to develop new sports gambling-focused content. The casino operator has also been working to land partnerships with sports teams as well as entities like mobile sports-betting platform DraftKings Inc.

Write to Allison Prang at allison.prang@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
CAESARS ENTERTAINMENT CORPORATION 0.25% 12.1 Delayed Quote.78.20%
WALT DISNEY COMPANY (THE) 1.64% 132.4 Delayed Quote.18.80%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CAESARS ENTERTAINMENT CORP
10/22CAESARS ENTERTAINMENT CORPORATION : to Report Third Quarter 2019 Results on Nove..
PR
10/18CAESARS ENTERTAINMENT : Keith Urban Live - Las Vegas To Play 12 Concerts At The ..
PU
10/04CAESARS ENTERTAINMENT : Rod Stewart Announces 2020 Las Vegas Residency Dates
PU
09/23MARKET SNAPSHOT: Stocks Close Mixed; Investors Play Defense After Eurozone Da..
DJ
09/23CAESARS ENTERTAINMENT : selling Rio All-Suite Hotel for $516.3 million
AQ
09/23WYNDHAM DESTINATIONS : and Caesars Entertainment Extend Marketing Partnership to..
PR
09/23CAESARS ENTERTAINMENT CORP : Entry into a Material Definitive Agreement, Materia..
AQ
09/23CAESARS ENTERTAINMENT : Announces Sale of the Rio to Principal of Imperial Compa..
PR
09/16CAESARS ENTERTAINMENT : Celebrates 30 Years of Responsible Gaming with $1 Millio..
PU
09/15CAESARS ENTERTAINMENT : Vegas area, casinos charge ahead with electric vehicle s..
AQ
More news
Financials (USD)
Sales 2019 8 689 M
EBIT 2019 1 165 M
Net income 2019 -613 M
Debt 2019 15 686 M
Yield 2019 -
P/E ratio 2019 -13,4x
P/E ratio 2020 -75,0x
EV / Sales2019 2,76x
EV / Sales2020 2,59x
Capitalization 8 321 M
Chart CAESARS ENTERTAINMENT CORPORATION
Duration : Period :
Caesars Entertainment Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CAESARS ENTERTAINMENT CORP
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 10
Average target price 12,31  $
Last Close Price 12,10  $
Spread / Highest target 7,44%
Spread / Average Target 1,74%
Spread / Lowest Target -0,83%
EPS Revisions
Managers
NameTitle
Anthony P. Rodio Chief Executive Officer & Director
James S. Hunt Chairman
Eric Alan Hession Chief Financial Officer & Executive Vice President
Leslie Ottolenghi Chief Information Officer & Executive VP
Janis Jones Blackhurst Director & Executive Vice President-Public Policy
Sector and Competitors