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Caesars Entertainment, Inc. (CZR), based in Reno, Nevada, is a prominent gaming and hospitality company with a market capitalization of $8.7 billion. It offers a range of gaming options, including casino, poker, and roulette, alongside food and beverage services.
Shares of this casino gaming company have underperformed the broader market considerably over the past year. CZR has declined 7.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 36.8%. In 2024, CZR stock is down 12.9%, while the SPX is up 25.7% on a YTD basis.