After a New Q1 Earnings Record, Caesars Entertainment Stock Is 1 to Be Bullish On
Business is looking up for Caesars Entertainment (NASDAQ: CZR). For the first quarter, the Las Vegas-based casino and hotel operator saw an all-time high in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for its Las Vegas segment. CEO Tom Reeg boasted of continued "significant strength across all of our assets" led by the operations in Vegas.