Caesars Entertainment Inc
CZR: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >W$ | LOCK|gQ | LOCK|RB&?<!r |
Caesars Earnings: Digital Continues to Shine, While Near-Term Vegas Demand Grinds; Shares Attractive
Caesars' sales increased 2.9%, led by stout digital growth of 24%, offset by a 4% drop in Vegas in the second quarter. EBITDA decreased 4% despite digital margins increasing to 23.3% from 14.5%, as Vegas margins fell 219 basis points to 44.5%.
