OverviewSuggest Edit

Caesars Entertainment is the diversified casino-entertainment company. Its facilities include gaming offerings, food and beverage outlets, hotel and convention space, and non-gaming entertainment options. Caesars resorts operate primarily under the Caesars, Harrah’s and Horseshoe brand names. Its portfolio also includes the Caesars Entertainment UK family of casinos.

TypePublic
Founded1937
HQLas Vegas, US
Websitecaesars.com
Employee Ratings3.5
Culture scoreC-

Locations

Caesars Entertainment is headquartered in
Las Vegas, United States

Location Map

Latest Updates

Employees (est.) (Dec 2019)64,000(-3%)
Job Openings10
Revenue (FY, 2019)$8.7 B(+5%)
Share Price (May 2020)$10 (+2%)

Key People/Management at Caesars Entertainment

Tony Rodio

Tony Rodio

Chief Executive Officer
Tom Jenkin

Tom Jenkin

Global President
Michelle Bushore

Michelle Bushore

Executive Vice President, General Counsel and Chief Legal and Risk Officer
Tim Donovan

Tim Donovan

EVP and General Counsel and Chief Regulatory and Compliance Officer
Eric Hession

Eric Hession

Executive Vice President and Chief Financial Officer
Mary Thomas

Mary Thomas

Executive Vice President of Human Resources
Show more

Caesars Entertainment Office Locations

Caesars Entertainment has an office in Las Vegas
Las Vegas, US (HQ)
1 Caesars Palace Dr
Show all (1)

Caesars Entertainment Financials and Metrics

Caesars Entertainment Revenue

Caesars Entertainment's revenue was reported to be $8.74 b in FY, 2019
USD

Revenue (Q1, 2020)

1.8b

Net income (Q1, 2020)

188.0m

EBIT (Q1, 2020)

(66.0m)

Market capitalization (15-May-2020)

6.9b

Closing stock price (15-May-2020)

10.0

Cash (31-Mar-2020)

2.7b

EV

13.9b
Caesars Entertainment's current market capitalization is $6.9 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

3.9b4.9b8.4b8.7b

Revenue growth, %

(17%)25%73%

Cost of goods sold

1.8b2.2b4.0b

Gross profit

2.1b2.6b4.4b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

963.0m1.0b986.0m2.0b2.1b2.2b2.1b2.2b2.2b1.8b

Cost of goods sold

439.0m440.0m428.0m940.0m961.0m1.0b1.0b1.0b1.0b

Gross profit

524.0m562.0m558.0m1.0b1.2b1.2b1.1b1.2b1.2b

Gross profit Margin, %

54%56%57%52%55%53%53%53%53%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.5b2.6b1.5b1.8b

Accounts Receivable

107.2m496.0m457.0m437.0m

Prepaid Expenses

118.0m239.0m155.0m174.0m

Inventories

20.0m39.0m41.0m35.0m
Quarterly
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(2.7b)(382.0m)304.0m(1.2b)

Depreciation and Amortization

504.0m708.0m1.1b1.0b

Accounts Payable

39.0m(4.0m)(78.0m)6.0m

Cash From Operating Activities

308.0m(2.3b)786.0m1.0b
Quarterly
USDY, 2020

EV/EBIT

-209.9 x

EV/CFO

-692.6 x

Financial Leverage

11.1 x
Show all financial metrics

Caesars Entertainment Operating Metrics

FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

Average Daily Rate

$128 $136 $127 $136 $125 $131 $135 $133 $134 $133 $134 $140 $137 $137

Average Daily Rate (Las Vegas)

$139 $145 $137 $140 $139 $143 $153 $145 $140 $148 $146 $156 $148 $146

Occupancy Rate

90.6%88.6%92.8%94.6%86%90.5%88.1%90.8%91.7%87.9%89.6%89.1%92.3%93%

Revenue per Available Room

$115 $121 $118 $129 $108 $119 $119 $121 $123 $117 $120 $125 $126 $128
Show all operating metrics

Caesars Entertainment Acquisitions / Subsidiaries

Company NameDateDeal Size
Centaur Holdings, LLCNovember 16, 2017$1.70 b
1300 WSED, LLC
1301 WSED, LLC
1400 WSED, LLC
3535 LV Corp.
3535 LV Newco, LLC
AC Conference Holdco., LLC
AC Conference Newco., LLC
Aster Insurance Ltd.
Bally's Las Vegas Manager, LLC
Show more

Caesars Entertainment Revenue Breakdown

Embed Graph

Caesars Entertainment revenue breakdown by business segment: 9.4% from Other Revenue, 18.1% from Rooms, 18.8% from Food and Beverages, 50.6% from Casino and 3.1% from Other

Caesars Entertainment revenue breakdown by geographic segment: 48.2% from Other US, 44.7% from Las Vegas and 7.0% from Other

Caesars Entertainment Online and Social Media Presence

Embed Graph

Caesars Entertainment Company Culture

  • Overall Culture

    C-

    62/100

  • CEO Rating

    D

    59/100

  • Compensation

    B-

    68/100

  • Diversity

    C-

    62/100

Learn more on Comparably

Caesars Entertainment Frequently Asked Questions

  • When was Caesars Entertainment founded?

    Caesars Entertainment was founded in 1937.

  • Who are Caesars Entertainment key executives?

    Caesars Entertainment's key executives are Tony Rodio, Tom Jenkin and Michelle Bushore.

  • How many employees does Caesars Entertainment have?

    Caesars Entertainment has 64,000 employees.

  • What is Caesars Entertainment revenue?

    Latest Caesars Entertainment annual revenue is $8.7 b.

  • What is Caesars Entertainment revenue per employee?

    Latest Caesars Entertainment revenue per employee is $136.6 k.

  • Who are Caesars Entertainment competitors?

    Competitors of Caesars Entertainment include MGM Resorts, Red Rock Resorts and The Zuri Hotels & Resorts.

  • Where is Caesars Entertainment headquarters?

    Caesars Entertainment headquarters is located at 1 Caesars Palace Dr, Las Vegas.

  • Where are Caesars Entertainment offices?

    Caesars Entertainment has an office in Las Vegas.

  • How many offices does Caesars Entertainment have?

    Caesars Entertainment has 1 office.