XAU/SAR Price & Performance (XAUSAR)

Caesars Entertainment is exploring the possibility of spinning off its digital assets, including its sportsbook and iCasino products, into a separate public entity. The move aims to unlock greater value from its digital division, which saw a 60% growth in iGaming revenue for 2024, despite challenges in sports betting.1

Caesars Entertainment reported Q4 2024 revenues of $2.80 billion, a slight decline from $2.83 billion in the previous year. However, the company achieved a net income of $11 million, compared to a $72 million loss last year. The Digital segment showed strong iGaming growth, offsetting some challenges in sports betting.2

Caesars Entertainment's stock faced pressure in after-hours trading following a miss on same-store net revenue expectations. The company’s performance reflects challenges in regional markets, despite solid growth in its Las Vegas operations and digital gaming segment.3