Caesars Entertainment Corporation

Caesars Entertainment Corporation is a diversified casino entertainment company. The company operates gaming offerings, food and beverage outlets, hotel and convention space, and non-gaming entertainment options.

Employee Rating

3.7More
TypeSubsidiary
Parent CompanyCaesars Entertainment
HQLas Vegas, NV, US
Founded1937
Cybersecurity ratingBMore
Caesars Entertainment Corporation was founded in 1937 and is headquartered in Las Vegas, NV, US

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Key People/Management at Caesars Entertainment Corporation

Tony Rodio

Tony Rodio

Chief Executive Officer
Mary Thomas

Mary Thomas

Executive Vice President of Human Resources
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Caesars Entertainment Corporation Office Locations

Caesars Entertainment Corporation has an office in Las Vegas
Las Vegas, NV, US (HQ)
1 Caesars Palace Dr
Las Vegas, NV, US
3655 S Las Vegas Blvd
Show all (2)

Caesars Entertainment Corporation Financials and Metrics

Summary Metrics

Founding Date

1937
Caesars Entertainment Corporation is a subsidiary of Caesars Entertainment

Caesars Entertainment Corporation Revenue

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View revenue for all periods
Caesars Entertainment Corporation's revenue was reported to be $8.74 b in FY, 2019 which is a 4.2% increase from the previous period.
Annual
USDFY, 2018FY, 2019

Revenue

8.4b8.7b

Revenue growth, %

73%4%

Cost of goods sold

4.0b4.1b

Gross profit

4.4b4.6b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

2.0b2.1b2.2b2.1b2.2b2.2b1.8b

Cost of goods sold

940.0m961.0m1.0b1.0b1.0b1.0b963.0m

Gross profit

1.0b1.2b1.2b1.1b1.2b1.2b865.0m

Gross profit Margin, %

52%55%53%53%53%53%47%
Annual
USDFY, 2018FY, 2019

Cash

1.5b1.8b

Accounts Receivable

457.0m437.0m

Prepaid Expenses

155.0m174.0m

Inventories

41.0m35.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

2.5b2.7b1.6b1.4b1.5b1.3b2.7b

Accounts Receivable

439.0m443.0m472.0m449.0m476.0m446.0m389.0m

Prepaid Expenses

235.0m187.0m178.0m184.0m247.0m200.0m182.0m

Inventories

42.0m40.0m40.0m39.0m36.0m38.0m34.0m
Annual
USDFY, 2018FY, 2019

Net Income

304.0m(1.2b)

Depreciation and Amortization

1.1b1.0b

Accounts Payable

(78.0m)6.0m

Cash From Operating Activities

786.0m1.0b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash From Operating Activities

22.0m404.0m692.0m255.0m613.0m865.0m(20.0m)

Purchases of PP&E

(85.0m)(215.0m)(342.0m)(218.0m)(434.0m)(618.0m)(184.0m)

Cash From Investing Activities

(83.0m)(203.0m)(1.9b)(218.0m)(432.0m)(604.0m)(175.0m)

Long-term Borrowings

(18.0m)(505.0m)(1.1b)(121.0m)(143.0m)(413.0m)(19.0m)
USDQ1, 2018

Debt/Equity

5.6 x

Debt/Assets

0.7 x

Financial Leverage

7.6 x
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Caesars Entertainment Corporation Operating Metrics

Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020

Average Daily Rate

$135.8$133.3$134.1$134.1$140.6$137.4$137.8$137.3$137.3

Occupancy Rate

88.1%90.8%91.7%89.6%89.1%92.3%93%90.6%72.6%

Properties

474949535354545351

Revenue per Available Room

$119.6$121.1$123$120.2$125.3$126.9$128.3$124.5$99.8
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Caesars Entertainment Corporation Acquisitions / Subsidiaries

Company NameDateDeal Size
William HillSeptember 30, 2020£2.9 b
Centaur Holdings, LLCNovember 16, 2017$1.7 b
Caesars WorldDecember 01, 1999
Grand CasinosDecember 01, 1999
1300 WSED, LLC
1301 WSED, LLC
1400 WSED, LLC
3535 LV Corp.
3535 LV Newco, LLC
3535 LV Newco, LLC
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Caesars Entertainment Corporation Revenue Breakdown

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Caesars Entertainment Corporation revenue breakdown by business segment: 18.4% from Food and Beverages, 18.0% from Rooms, 9.4% from Other Revenue, 51.1% from Casino and 3.1% from Other

Caesars Entertainment Corporation revenue breakdown by geographic segment: 44.8% from Las Vegas, 48.3% from Other US and 6.8% from Other

Caesars Entertainment Corporation Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Caesars Entertainment Corporation Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Caesars Entertainment Corporation Online and Social Media Presence

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Caesars Entertainment Corporation Company Culture

  • Overall Culture

    D

    57/100

  • CEO Rating

    D-

    57/100

  • Compensation

    C

    63/100

  • Diversity

    C-

    59/100

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Caesars Entertainment Corporation Frequently Asked Questions

  • When was Caesars Entertainment Corporation founded?

    Caesars Entertainment Corporation was founded in 1937.

  • Who are Caesars Entertainment Corporation key executives?

    Caesars Entertainment Corporation's key executives are Tony Rodio and Mary Thomas.

  • How many employees does Caesars Entertainment Corporation have?

    Caesars Entertainment Corporation has 64,000 employees.

  • What is Caesars Entertainment Corporation revenue?

    Latest Caesars Entertainment Corporation annual revenue is $8.7 b.

  • What is Caesars Entertainment Corporation revenue per employee?

    Latest Caesars Entertainment Corporation revenue per employee is $136.6 k.

  • Who are Caesars Entertainment Corporation competitors?

    Competitors of Caesars Entertainment Corporation include Las Vegas Sands, River Cree Resort & Casino and The Zuri Hotels & Resorts.

  • Where is Caesars Entertainment Corporation headquarters?

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

  • Where are Caesars Entertainment Corporation offices?

    Caesars Entertainment Corporation has an office in Las Vegas.

  • How many offices does Caesars Entertainment Corporation have?

    Caesars Entertainment Corporation has 2 offices.