Caesars Jumps After Positive Earnings And ETFs Follow

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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.


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