Home News Caesars Jumps After Positive Earnings And ETFs Follow

Caesars Jumps After Positive Earnings And ETFs Follow

Caesars Entertainment (CZR) recently announced their Q2 earnings and to the surprise of many, revenue was up 12% to $2.8 billion. The Las Vegas casinos positive earnings fully outperformed the estimate experts had in mind After wind of the positive earnings the CZR stock saw a boost jumping 3.46%.

ETF Newz Says:

One ETF that looks to benefit from the boost is the iBET Sports Betting and Gaming ETF (IBET) which allocates 2.45% of its holdings in CZR.