{"id":2079042,"date":"2025-10-09T09:03:29","date_gmt":"2025-10-09T09:03:29","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2079042"},"modified":"2025-10-09T09:03:29","modified_gmt":"2025-10-09T09:03:29","slug":"caesars-entertainment-czr-extends-losses-on-prediction-market-threats","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/caesars-entertainment-czr-extends-losses-on-prediction-market-threats\/","title":{"rendered":"Caesars Entertainment (CZR) Extends Losses on Prediction Market Threats"},"content":{"rendered":"

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We recently published 10 Stocks Taking a Nosedive<\/a><\/strong>. Caesars Entertainment Inc. (NASDAQ:CZR) is one of the worst performers on Wednesday.<\/p>\n

Caesars Entertainment Inc. (NASDAQ:CZR) extended its losing streak to a third straight day on Wednesday, shedding 5.17 percent to close at $23.38 apiece as investors continued to unload portfolios in gaming stocks amid growing threats posed by the surging prediction markets.<\/p>\n

The sector has been under pressure since early this month after Robinhood Markets and Kalshi announced a jump in their trading volumes in the third quarter alone.<\/p>\n

Robinhood said it saw 2 billion prediction contracts in the past quarter, while Kalshi\u2019s betting volume, particularly sports betting, increased by 90 percent. The latter also gained an edge for its capability to operate in jurisdictions and age brackets currently off-limits to most gaming firms.<\/p>\n

Kalshi earlier launched a new \u201cbuild your own combo\u201d parlay product that allows users to pair multiple contracts with a game.<\/p>\n

The rapid rise of prediction contracts sparked sell-off across gaming stocks, including Caesars Entertainment Inc. (NASDAQ:CZR), with analysts expecting users to shift online for their betting portfolios.<\/p>\n

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Caesars Entertainment (CZR) Extends Losses on Prediction Market Threats <\/figcaption><\/figure>\n

Copyright: sainaniritu \/ 123RF Stock Photo<\/a><\/p>\n

\u201cThese companies need to come out with a strategy for investors \u2014 whether it\u2019s launching prediction markets or stepping up marketing,\u201d investment firm Citizens was quoted as saying in a report by Bloomberg.<\/p>\n

\u201cUntil that happens, the prediction markets present a risk,\u201d it noted.<\/p>\n

While we acknowledge the potential of CZR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock<\/a><\/strong>.<\/p>\n

READ NEXT: <\/b>30 Stocks That Should Double in 3 Years<\/b><\/a> and <\/b>

Insider Monkey<\/b><\/u><\/strong><\/a>.<\/b><\/strong><\/p>\n<\/p><\/div>\n

\u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n

\u2018 Some details of this article were extracted from the following source finance.yahoo.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

We recently published 10 Stocks Taking a Nosedive. Caesars Entertainment Inc. (NASDAQ:CZR) is one of the worst performers on Wednesday. Caesars Entertainment Inc. (NASDAQ:CZR) extended its losing streak to a third straight day on Wednesday, shedding 5.17 percent to close at $23.38 apiece as investors continued to unload portfolios in gaming stocks amid growing threats […]<\/p>\n","protected":false},"author":2,"featured_media":1984490,"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":[339963,29548,390575,385265,390576,390574],"class_list":["post-2079042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-caesars-entertainment-inc","tag-czr","tag-gaming-stocks","tag-kalshi","tag-losing-streak","tag-prediction-markets"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/08\/Stifel-Analysts-Cite-Attractive-Setup-for-Penn-Entertainment-PENN-Despite.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2079042","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=2079042"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2079042\/revisions"}],"predecessor-version":[{"id":2079043,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2079042\/revisions\/2079043"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/1984490"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2079042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2079042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2079042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}