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ERI - Caesars: The Empire Strikes Back Slashing Sports Betting Media And Ramping Brick And Mortar Segment
Caesars Entertainment Inc (New) Com
First among peers to staunch the bleed of media/marketing money fighting for sports betting market shares results in better prospects ahead for improving EBITDA on digital vertical.
The horsepower of CZR's 65m rewards database will accelerate both digital and brick and mortar earnings growth ahead.
Synergies, ending capex, recovering brick and mortar and rationalized digital efforts make the stock a strong buy here.