Will Casinos Die at Caesars Entertainment?
Mr. Market paid $41.32 for Caesars Entertainment (CZR) shares on 14 August 2020. Unfortunately, all El Dorado and investors are buying could be empty hotels and slot machines that gather dust.
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Market Mad House
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Caesars Entertainment
Caesars Entertainment and the Bizarre World of Gambling Stocks
Caesars is also something of a contrarian play because it is in a very troubled industry: casinos. The prevailing wisdom is that there are too many casinos in the U.S. competing for a shrinking pool of gamblers. Yet some casino operators have posted gains in revenue in the last year.
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