{"id":2010156,"date":"2025-09-09T23:43:20","date_gmt":"2025-09-09T23:43:20","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2010156"},"modified":"2025-09-09T23:43:20","modified_gmt":"2025-09-09T23:43:20","slug":"caesars-entertainment-moved-from-sp-500-to-sp-midcap-400-cdc-gaming","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/caesars-entertainment-moved-from-sp-500-to-sp-midcap-400-cdc-gaming\/","title":{"rendered":"Caesars Entertainment moved from S&#038;P 500 to S&#038;P MidCap 400 \u2014 CDC Gaming"},"content":{"rendered":"<p><\/p>\n<div id=\"\">\n<div class=\"grid-x authorShare\">\n<div class=\"small-12 medium-8 grid-x\">\n<ul class=\"authors\">\n<li>\n<div class=\"authorIm\"><\/div>\n<p><span id=\"author\">Buck Wargo, CDC Gaming<\/span><\/li>\n<\/ul><\/div>\n<div class=\"small-12 medium-4 grid-x align-middle share\">\n<div class=\"ns-buttons ns-inline ns-no-print\">\n<p>Email, LinkedIn, and more<\/p>\n<\/div><\/div><\/div>\n<div id=\"CDCart\">\n<p>More than four years after its stock was listed on the S&amp;P 500, Caesars Entertainment is being removed due to declining market capitalization, according to S&amp;P Global and published reports. It will take effect Sept. 22.<\/p>\n<p>In March 2021, the S&amp;P 500 was betting on Caesars and Penn National Gaming amid increasing legalization of sports betting in the U.S. Caesars was in the process of taking over William Hill to become a bigger rival to such sports betting companies as DraftKings and FanDuel. At the time, Caesars shares rose more than 550% in 12 months.<\/p>\n<p>As of the close of the market Tuesday, Caesars market capitalization was $5.28 billion, below the required $22 billion. The stock closed at $25.39 on Tuesday, down $7.20 so far this year. It was just shy of $120 in September 2021.<\/p>\n<p>The S&amp;P is turning to <strong><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cdcgaming.com\/brief\/the-gray-area-robinhood-and-fanduel-are-using-to-bring-sports-betting-and-stock-trading-closer-together\/\" target=\"_blank\" rel=\"noopener\">Robinhood Markets<\/a><\/strong>, the financial-technology company that is partnering with sports betting prediction market operator Kalshi. Its stock closed at $118.50 on Tuesday and had a market cap of $105.3 billion.<\/p>\n<p>Caesars is now considered a distant fourth in the national sports betting market share behind FanDuel, DraftKings and BetMGM.<\/p>\n<p>Caesars is being reassigned to the S&amp;P MidCap 400. The removal and reclassification can impact trading activity in a company\u2019s stock, with funds adjusting their holdings.<\/p>\n<div class=\"cdcgaboba-content-placement-after-3rd-paragraph\" style=\"text-align: center;margin-bottom: 1em;\" id=\"cdcgaboba-4087875867\">\n<div data-cdcgaboba-trackid=\"14508\" data-cdcgaboba-trackbid=\"1\" class=\"cdcgaboba-target\" id=\"cdcgaboba-1773726762\">\n<div class=\"cdcgaboba-content-placement-after-3rd-paragraph\" style=\"text-align: center;margin-bottom: 1em;\" id=\"cdcgaboba-1380116255\">\n<div data-cdcgaboba-trackid=\"14507\" data-cdcgaboba-trackbid=\"1\" data-cdcgaboba-redirect=\"1\" class=\"cdcgaboba-target\" id=\"cdcgaboba-1980002734\"><a rel=\"nofollow\" target=\"_blank\" data-bid=\"1\" data-no-instant=\"1\" href=\"https:\/\/cdcgaming.com\/out\/14507\" rel=\"noopener\" class=\"notrack\" target=\"_blank\" aria-label=\"smokefree-protect-workers-720\u00d790-1.gif\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdcgaming.com\/wp-content\/uploads\/2022\/09\/smokefree-protect-workers-720x90-1.gif\" alt=\"\" class=\"no-lazyload\" width=\"720\" height=\"90\"\/><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>MGM Resorts International, Wynn Resorts, and Las Vegas Sands Corp. qualify to remain with the S&amp;P 500.<br \/>Penn Entertainment got booted in 2022.<\/p>\n<\/p><\/div><\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source cdcgaming.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Buck Wargo, CDC Gaming Email, LinkedIn, and more More than four years after its stock was listed on the S&amp;P 500, Caesars Entertainment is being removed due to declining market capitalization, according to S&amp;P Global and published reports. It will take effect Sept. 22. In March 2021, the S&amp;P 500 was betting on Caesars and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1980786,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[358145],"class_list":["post-2010156","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-caesars"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/08\/Elite-Casino-Resorts-signs-definitive-agreement-to-acquire-Great-River.gif","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2010156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2010156"}],"version-history":[{"count":0,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2010156\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/1980786"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2010156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2010156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2010156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}