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Caesars Entertainment (LTS:0A78) Construction In Progress : $1,031 Mil (As of Sep. 2024)


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What is Caesars Entertainment Construction In Progress?

Caesars Entertainment's quarterly construction in progress increased from Mar. 2024 ($932 Mil) to Jun. 2024 ($1,022 Mil) and increased from Jun. 2024 ($1,022 Mil) to Sep. 2024 ($1,031 Mil).

Caesars Entertainment's annual construction in progress declined from Dec. 2021 ($395 Mil) to Dec. 2022 ($351 Mil) but then increased from Dec. 2022 ($351 Mil) to Dec. 2023 ($762 Mil).

Caesars Entertainment Construction In Progress Historical Data

The historical data trend for Caesars Entertainment's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Caesars Entertainment Construction In Progress Chart

Caesars Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.00 118.00 395.00 351.00 762.00

Caesars Entertainment Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 682.00 762.00 932.00 1,022.00 1,031.00

Caesars Entertainment Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Caesars Entertainment Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Caesars Entertainment Inc (LTS:0A78) » Definitions » Construction In Progress
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Traded in Other Exchanges
CZR:USA CZR1:Mexico 2ER:Germany C2ZR34:Brazil
Address
100 West Liberty Street, 12th Floor, Reno, NV, USA, 89501
Website
https://www.caesars.com
Caesars Entertainment includes about 50 domestic gaming properties across Las Vegas (49% of 2023 EBITDAR before corporate expenses) and regional (48%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced marginal EBITDA in 2023. Caesars' US presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah's, Tropicana, Bally's, Isle, and Flamingo. Also, the company owns the US portion of William Hill (it sold the international operation in 2022), a digital sports betting platform.

Caesars Entertainment Headlines

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