OverviewSuggest Edit

Caesars Entertainment is the diversified casino-entertainment company. It 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.The Company has grown through development of new resorts, expansions and acquisitions and now operates 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.

TypePublic
Founded1937
HQLas Vegas, US
Websitecaesars.com
Employee Ratings3.6

Locations

Caesars Entertainment is headquartered in
Las Vegas, United States

Location Map

Latest Updates

Employees (est.) (Dec 2018)66,000(+113%)
Job Openings1,580
Revenue (FY, 2017)$4.9 B(+26%)
Share Price (Mar 2019)$8.5 (+5%)

Key People/Management at Caesars Entertainment

Mark Frissora

Mark Frissora

President & CEO
Eric Hession

Eric Hession

CFO
Tim Donovan

Tim Donovan

EVP and General Counsel and Chief Regulatory and Compliance Officer
Mary Thomas

Mary Thomas

Executive Vice President of Human Resources
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Caesars Entertainment Office Locations

Caesars Entertainment has an office in Las Vegas
Las Vegas, US (HQ)
1 Caesars Palace Dr
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Caesars Entertainment Financials and Metrics

Caesars Entertainment Revenue

Caesars Entertainment's revenue was reported to be $4.85 b in FY, 2017
USD

Net income (FY, 2018)

304.0m

EBIT (FY, 2018)

739.0m

Market capitalization (18-Mar-2019)

5.7b

Closing stock price (18-Mar-2019)

8.5

Cash (31-Dec-2018)

1.5b

EV

13.1b
Caesars Entertainment's current market capitalization is $5.7 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

8.5b4.7b3.9b4.9b

Revenue growth, %

(1%)(45%)(17%)

Operating expense total

4.1b3.6b4.3b7.7b

Depreciation and amortization

401.0m439.0m628.0m1.1b
Quarterly
USDQ3, 2013Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

2.2b1.1b1.1b1.2b1.2b986.0m963.0m1.0b986.0m2.0b2.1b2.2b

Sales and marketing expense

15.0m15.0m

Operating expense total

955.0m1.0b1.0b1.1b1.0b805.0m845.0m900.0m1.8b1.8b2.0b

Depreciation and amortization

96.0m98.0m119.0m109.0m111.0m102.0m96.0m150.0m280.0m268.0m295.0m
Annual
usdY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018

Cash

902.1m971.1m891.0m1.8b2.8b2.8b1.3b1.3b1.5b2.6b1.5b

Accounts Receivable

107.2m

Inventories

45.6m43.0m21.0m21.0m20.0m39.0m41.0m

Current Assets

3.8b3.7b1.8b1.8b5.0b3.5b2.3b
Quarterly
USDQ1, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

1.6b1.6b1.4b1.5b1.7b1.5b1.5b1.5b2.5b2.7b1.6b

Inventories

43.0m14.0m14.0m18.0m16.0m16.0m17.0m15.0m14.0m42.0m40.0m40.0m

Current Assets

2.0b2.2b1.9b1.9b5.4b4.8b4.9b4.7b3.3b3.5b2.4b

PP&E

7.7b7.6b7.6b7.5b7.5b7.4b7.4b7.1b16.0b15.8b16.0b
Annual
usdFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(2.9b)(2.9b)6.1b(2.7b)(382.0m)304.0m

Depreciation and Amortization

565.2m636.0m403.0m439.0m628.0m1.1b

Inventories

Accounts Payable

68.4m(43.0m)(42.0m)39.0m(4.0m)(78.0m)
Quarterly
USDQ1, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016

Cash From Operating Activities

(7.0m)(7.0m)

Long-term Borrowings

(258.0m)(391.0m)

Interest Paid

403.0m480.0m80.0m290.0m

Income Taxes Paid

35.0m55.0m24.0m46.0m
USDY, 2018

EV/EBIT

17.8 x

Financial Leverage

7.7 x
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Caesars Entertainment Online and Social Media Presence

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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 Mark Frissora, Eric Hession and Tim Donovan.

  • How many employees does Caesars Entertainment have?

    Caesars Entertainment has 66,000 employees.

  • Who are Caesars Entertainment competitors?

    Competitors of Caesars Entertainment include MGM Resorts, Titlis and Leptos Calypso Hotels.

  • 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.