Caesars (CZR) Holds Ground Against Emerging Betting Exchanges, Citizens Reaffirms Market Outperform Rating

Caesars Entertainment Inc. (NASDAQ:CZR) ranks among the best misdeed stocks to bargain successful 2026. On December 8, Citizens expert Jordan Bender reiterated a Market Outperform standing and $37 terms people connected Caesars Entertainment Inc. (NASDAQ:CZR), citing grounds indicating that betting exchanges correspond minimal competitory hazard to accepted establishments.

The steadfast analyzed moneyline and over/under likelihood during the NFL Week 14 games, collecting 26 information points from companies similar FanDuel, DraftKings, and betting level Kalshi. The data, collected connected December 5, revealed that Kalshi’s pre-game likelihood were 14% little than DraftKings and 15% little than FanDuel erstwhile transaction fees were taken into account. Although Kalshi’s mean over/under pricing improved week-over-week, crippled results declined, starring to a worse full pricing discount than established sportsbooks.

This follows Citizens’ erstwhile sum of the institution connected December 1, wherever the steadfast maintained a affirmative stance connected Caesars Entertainment Inc. (NASDAQ:CZR) contempt talks regarding the imaginable interaction of betting platforms connected accepted gambling operators. Even earlier the Kalshi information was disclosed, citizens expressed assurance that specified platforms would not correspond a competitory menace to the fiscal wellness of existing players successful ineligible sports betting states.

Caesars Entertainment Inc. (NASDAQ:CZR) operates arsenic a gaming and hospitality company. The institution owns, leases, brands, oregon manages home properties successful 18 states with slot machines, video lottery terminals, and e-tables, and edifice rooms, arsenic good arsenic array games, including poker.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.