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What smart money is saying about Caesars Entertainment, Inc.United States flag

CZR · Consumer Cyclical · Gambling, Resorts & Casinos · Market cap $5.97B

2 funds in our archive have pitched Caesars Entertainment, Inc. — most recently Baron Real Estate Fund in March 2026.

Company profile

Caesars Entertainment, Inc. stands as a prominent gaming and lodging enterprise with extensive operations throughout the United States. The company manages numerous casinos, offering diverse gambling options like poker, keno, horse racing, and digital sports wagering platforms. Beyond its gaming ventures, Caesars provides a broad spectrum of leisure and accommodation services, including dining establishments, bars, nightclubs, lounges, hotels, and various entertainment facilities. Additionally, it offers staffing and management support, sells merchandise such as accessories and souvenirs via its retail outlets, and operates online sports betting and iGaming services. By the close of 2021, its portfolio encompassed 52 properties located across 16 U.S. states, which were either owned, leased, or managed. These establishments collectively featured approximately 55,700 slot machines, video lottery terminals, and electronic gaming tables; 2,900 traditional table games; and 47,700 guest rooms. Established in 1937, Caesars Entertainment, Inc. maintains its corporate headquarters in Reno, Nevada.

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Summarize with Warren AI
1
Reported positions
0
Bought
0
Sold
4
Letters

Position history

Between Q1 2025 and Q2 2026, 1 fund letter reported a position in Caesars Entertainment, Inc., with no move described.

Fund letters reporting a position in Caesars Entertainment, Inc., by quarter
QuarterLettersBoughtSoldTheses
Q2 20261000
Q1 20260001
Q1 20250001

Fund activity · 1 position

  • HoldsBaron Real Estate Fund
    June 2026
    three Fund holdings received acquisition announcements at significant premiums: Caesars Entertainment, Inc. – Caesars, the largest gaming company in the U.S., according to management, announced an agreement to be acquired by Fertitta Entertainment
    Read the letterCaesars Entertainment, Inc.

Also mentioned · 1

These funds discuss Caesars Entertainment, Inc. — as a competitor, benchmark or comparable — without disclosing a position in it.

  • MentionedBaron Real Estate Strategy
    June 2026
    three Strategy holdings received acquisition announcements at significant premiums: Caesars Entertainment, Inc. – Caesars, the largest gaming company in the U.S., according to management, announced an agreement to be acquired by Fertitta Entertainment at a 49% premium to its unaffected share price as of February 25, 2026.
    Read the letterCaesars Entertainment, Inc.

Fund coverage · 2 theses

  • Baron Real Estate Fund
    March 2026

    Caesars Entertainment is the largest U.S. casino-entertainment company with attractive free cash flow yield and improving operating tailwinds.

    Read the full thesis
  • JDP Capital
    March 2025

    Caesars Entertainment (CZR) is poised for significant upside potential, with a target price of $80-$90 per share, driven by its strong online gaming growth and anticipated $1 billion in after-tax free cash flow in 2025.

    Read the full thesis

Read every full thesis on Caesars Entertainment, Inc.

Unlock all 2 theses — the full reasoning behind what funds are buying, plus unlimited access to the entire archive.

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