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Stock impact report

Reflecting On Casino Operator Stocks' Q3 Earnings: Caesars Entertainment (NASDAQ:CZR) [Yahoo! Finance]

Caesars Entertainment, Inc. (CZR) 
Last caesars entertainment, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.caesars.com/investor-relations
Company Research Source: Yahoo! Finance
Today, we are looking at casino operator stocks, starting with Caesars Entertainment (NASDAQ:CZR). Casino operators enjoy limited competition because gambling is a highly regulated industry. These companies can also enjoy healthy margins and profits. Have you ever heard the phrase ‘the house always wins'? Regulation cuts both ways, however, and casinos may face stroke-of-the-pen risk that suddenly limits what they can or can't do and where they can do it. Furthermore, digitization is changing the game, pun intended. Whether it's online poker or sports betting on your smartphone, innovation is forcing these players to adapt to changing consumer preferences, such as being able to wager anywhere on demand. The 9 casino operator stocks we track reported a slower Q3. As a group, revenues were in line with analysts' consensus estimates. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. Show less Read more
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