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Stock Market & Financial Investment News

News Breaks
November 24, 2012
09:29 EDTCZRAtlantic City losing out to neighboring casinos, Barron's says
Revenues at Atlantic City casinos were down for a sixth straight year before Hurricane Sandy hit as new gaming destinations were built in Pennsylvania and New York, Barron's contends. Caesar's Entertainment (CZR), which owns four properties in the region, has seen its cash flow steadily decline in recent years and has $22B of debt from a 2008 leveraged buyout, the paper adds. Reference Link
News For CZR From The Last 14 Days
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February 3, 2016
12:29 EDTCZRCaesars unit requests bankruptcy mediator, Reuters reports
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January 29, 2016
09:35 EDTCZRNevada reports Statewide December gaming win up 3.31% to $982.06M
The state also reports Las Vegas Strip December gaming win up 8.2% compared to last year at $600.75M compared to last year. Publicly traded companies in the space include Boyd Gaming (BYD), Caesars (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).

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