5 Biggest Gambling Companies By Revenue

2. Caesars Entertainment, Inc. (NASDAQ:CZR)

Trailing Twelve Month (TTM) Revenue: $10.59 billion

Caesars Entertainment, Inc. (NASDAQ:CZR) is an American company that owns and operates casinos, hotels, bars, and nightclubs. The firm is headquartered in Reno, Nevada.

Caesars Entertainment, Inc. (NASDAQ:CZR)’s third quarter earnings saw the firm post 7.8% annual growth and beat analyst EPS estimates by one cent. This injected fresh momentum into its share price, with the shares soaring by more than six percent. Caesars Entertainment, Inc. (NASDAQ:CZR) also announced in November 2022 that its Sportsbook application is accepting bets in the U.S. state of Maryland.

56 out of the 920 hedge funds polled by Insider Monkey for their Q3 2022 investments had bought Caesars Entertainment, Inc. (NASDAQ:CZR)’s shares.

Caesars Entertainment, Inc. (NASDAQ:CZR)’s largest investor is Parag Vora’s HG Vora Capital Management which owns six million shares that are worth $193 million.

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