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Company Description

Contact Info

One Caesars Palace Drive

Las Vegas, NV 89109

United States

Phone: 702-407-6000


ste of signature cuisine, featuring bold flavors and exceptional twists on traditional Mexican dishes. Rooms and Hotel Operations The company’s rooms and hotel operations’ revenue is primarily generated from hotel stays at the company’s casino properties and its approximately 23,000 guest rooms and suites. The company’s properties operate at various price and service points, allowing the company to host various casino guests who are visiting its properties for gaming and other casino entertainment options and non-casino guests who are visiting its properties for other purposes, such as vacation travel or conventions. During 2015, the company opened or redeveloped two properties: Harrah’s Atlantic City Waterfront Conference Center: The company opened the major conference-hotel complex from Baltimore to Boston located adjacent to Harrah’s Atlantic City, which provides access to approximately 2,500 hotel rooms. The LINQ Hotel: The LINQ Hotel completed the full room renovation featuring approximately 2,200 upgraded guest rooms, including approximately 200 suites, 2 urban loft-style penthouses, and 25 poolside cabana guest rooms. Interactive Entertainment CIE operates an online games business providing social games on Facebook and other social media Websites and mobile application platforms that utilize virtual currency and certain real money gaming in Nevada and New Jersey. CIE also owns the WSOP tournaments and brand and licenses WSOP trademarks for various products and businesses related to this brand. Other Business Operations The company provides various retail and entertainment offerings in its casinos and The LINQ promenade. The company’s retail stores offer guests a range of options from brands and accessories to souvenirs and decorative items. The LINQ promenade is an open-air dining, entertainment, and retail development located between The LINQ Hotel and the Flamingo Las Vegas. The company’s entertainment options include concerts, comedy shows, and variety acts featuring many well-known artists and entertainers, as well as The High Roller, the company’s 550-foot observation wheel at The LINQ promenade. Intellectual Property The company owns or has the right to use proprietary rights to various trademarks that the company considers, along with the associated name recognition, to be valuable to its business, including the following: CEOC’s marks include Caesars, Harrah’s, Horseshoe, Bally’s, and Total Rewards; CERP’s marks include Rio, Flamingo, and Paris; CIE’s marks include World Series of Poker, Playtika, Slotomania, House of Fun Slots, and Bingo Blitz; and CGP holds a license for the Planet Hollywood mark used in connection with the Planet Hollywood Resort & Casino in Las Vegas. History Caesars Entertainment Corporation was founded in 1937. The company was incorporated in 1989 in Delaware.


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Price/Earnings NM Not Meaningful
Price/Sales 2.8x
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TEV/Sales 1.5x

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