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Stock Market & Financial Investment News

News Breaks
December 6, 2013
07:53 EDTCZRCaesar's: NJ Internet gambling could hurt casino visits, bottom line, AP reports
Caesars Entertainment, owner of four of Atlantic City's 12 casinos, is cautioning investors that Internet gambling might hurt rather than help its casinos, reports the Associated Press. Caesars wrote in a filing with securities regulators this week that online gambling could reduce patron visits to its casinos in New Jersey and Nevada, and harm the company's bottom line. Reference Link
News For CZR From The Last 14 Days
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April 23, 2014
09:04 EDTCZRCaesar's to pursue gaming license in Orange County, New York State
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April 14, 2014
14:06 EDTCZRNew Jersey reports March Atlantic City gaming win down 2.2% to $233.4M
New Jersey reported total gaming win from the casino hotels and Internet gaming operations was $233.4M in March, a 2.2% decline compared to the casino win for the same month of last year, including Atlantic Club. Casino win from the eleven casino hotels open in both March 2013 and 2014 decreased by 1.9%. Internet gaming win increased 15.2% for the month, from $10.3M in February to $11.9M for March. Publicly traded companies in the space include Boyd Gaming (BYD), Caesar's (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).
April 13, 2014
17:42 EDTCZRCaesar's deal with second-lien bondholders could dilute shares, Barron's says
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