Caesars Entertainment Corporation (Nasdaq: CZR) is the world’s most diversified casino-entertainment provider and the most geographically diverse U.S. casino-entertainment company. Caesars is mainly comprised of the following three entities: the majority owned operating subsidiary Caesars Entertainment Operating Company, wholly owned Caesars Entertainment Resort Properties and Caesars Growth Properties, in which we hold a variable economic interest. Since its beginning in Reno, Nevada, 75 years ago, Caesars has grown through development of new resorts, expansions and acquisitions and its portfolio of subsidiaries now operate 50 casinos in 13 U.S. states and five countries. Caesars resorts operate primarily under the Caesars®, Harrah’s® and Horseshoe® brand names and Caesars Entertainment in the UK.
Caesars builds loyalty and value with guests through a unique combination of great service, unbeatable gaming, hospitality and entertainment offerings, operational and technology excellence and industry-leading corporate citizenship.
Closing share price
|FY, 2011||FY, 2012||FY, 2013||FY, 2014||FY, 2015||Y, 2016|
|$8.6 b||$8.5 b||$4.7 b||$3.9 b|
Revenue growth, %
Operating expense total
|$10.8 b||$9 b||$4.1 b|
|($2.2 b)||($452 m)||$573 m|
|$2.1 b||$2.1 b||$2.3 b||$2.7 b||$684 m|
Income tax expense
|($534.6 m)||($701 m)||($1.5 b)||($543 m)||($55 m)|
|($2.9 b)||($2.9 b)||$6.1 b|
Operating cash flow
|$1 b||$35 m||($1.5 b)|