Log in
E-mail
Password
Show 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

CAESARS ENTERTAINMENT, INC.

(CZR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Caesars Entertainment : Spiegelworld ink $75M theaters deal

10/14/2021 | 01:14pm EST

ATLANTIC CITY, N.J. (AP) — Caesars Entertainment and the company that produces the show “Absinthe” in Las Vegas are teaming up on theater and dining projects in three states that will cost nearly $75 million.

Caesars told The Associated Press on Thursday it has signed a deal with Spiegelworld to create new live theater projects at casinos in Las Vegas, Atlantic City and New Orleans.

“Atlantic City, New Orleans and Las Vegas are the country’s modern-day entertainment and sports capitals, and as we roll out our vision for the incredible reinventions of our properties in New Orleans and Atlantic City, we are delighted to add Spiegelworld’s eye for creative experiences to our plans,” said Anthony Carano, president and chief operating officer of Caesars Entertainment.

The first project will be a new permanent production at The LINQ Hotel + Experience in Las Vegas. To be named “DiscoShow,” the production will take place in the new Spiegelworld Glitterloft, to be opened by the fourth quarter of 2022.

Caesars Atlantic City is also getting a new theater and resident show in the first quarter of 2023. The project will incorporate the facade of the former Warner Theatre from 1929, which is currently part of the casino's exterior facing the Boardwalk.

It is part of $400 million in renovations Caesars has pledged to make at its three Atlantic City casinos.

And a new theater and show is planned for Caesars Palace New Orleans as part of that casino's $325 million renovation, to be open in 2024.

In addition to “Absinthe,” Spiegelworld also produces “OPIUM” at The Cosmopolitan of Las Vegas, the “Atomic Saloon Show” at the Grand Canal Shoppes at The Venetian Las Vegas, and the live entertainment party “Superfrico” at The Cosmopolitan of Las Vegas.

Follow Wayne Parry on Twitter at @WayneParryAC

-__ This story has been corrected to show the total price of the projects is $75 million, not $100 million, and that the New Orleans project is to open in 2024, not be completed in 2023. Both items were incorrect in material provided by the source.

Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News

All news about CAESARS ENTERTAINMENT, INC.
11/29Deutsche Bank Adjusts Caesars Entertainment PT to $130 From $132, Maintains Buy Rating
MT
11/25FACADE IS ROSY AGAIN : Can Bally's casino's future be, too?
AQ
11/18Flamingo Las Vegas Kicks Off Its Milestone 75th Anniversary Celebration
PR
11/18Sun Country Airlines Agrees to Provide Charter Service to Caesars Entertainment
MT
11/18THE WORLD SERIES OF POKER MOVES TO THE STRIP AT BALLY'S AND PARIS LAS VEGAS IN 2022; Ca..
AQ
11/18Sun Country Airlines and Caesars Entertainment Announce New Five-Year Charter Agreement
AQ
11/18Germany's Koray Aldemir Crowned The 2021 World Series Of Poker« Main Event« Champion Fo..
PR
11/17The World Series Of Poker« Moves To The Strip At Bally's And Paris Las Vegas In 2022
PR
11/17Award-Winning Pastry Chef, Dominique Ansel, to Open First Las Vegas Bakery at Caesars P..
PR
11/12CAESARS ENTERTAINMENT : CRISS ANGEL, FRANCO DRAGONE TEAM UP TO CREATE THE MINDFREAK PREQUE..
PU
More news
Analyst Recommendations on CAESARS ENTERTAINMENT, INC.
More recommendations
Financials (USD)
Sales 2021 9 769 M - -
Net income 2021 -757 M - -
Net Debt 2021 12 581 M - -
P/E ratio 2021 -24,0x
Yield 2021 -
Capitalization 19 255 M 19 255 M -
EV / Sales 2021 3,26x
EV / Sales 2022 2,82x
Nbr of Employees 54 000
Free-Float 95,5%
Chart CAESARS ENTERTAINMENT, INC.
Duration : Period :
Caesars Entertainment, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CAESARS ENTERTAINMENT, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Last Close Price 90,07 $
Average target price 136,43 $
Spread / Average Target 51,5%
EPS Revisions
Managers and Directors
Thomas R. Reeg Chief Executive Officer & Director
Anthony L. Carano President & Chief Operating Officer
Bret Yunker Chief Financial Officer & Treasurer
Gary L. Carano Executive Chairman
Stephanie D. Lepori Chief Administrative & Accounting Officer
Sector and Competitors
1st jan.Capi. (M$)
CAESARS ENTERTAINMENT, INC.21.27%19 255
GALAXY ENTERTAINMENT GROUP LIMITED-29.21%23 816
FLUTTER ENTERTAINMENT PLC-28.25%23 644
EVOLUTION AB13.90%22 531
ARISTOCRAT LEISURE LIMITED42.29%20 964
SANDS CHINA LTD.-47.37%18 601