{"id":230262,"date":"2022-09-05T04:00:09","date_gmt":"2022-09-05T09:00:09","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=230262"},"modified":"2022-09-06T15:56:28","modified_gmt":"2022-09-06T20:56:28","slug":"caesars-stock-could-shine-in-september-thanks-to-football","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/","title":{"rendered":"Caesars Stock Could Be Super in September"},"content":{"rendered":"

On a historical basis, September is the worst month of the year for the S&P 500. But some members of the widely followed equity gauge often thrive in the ninth month of the year. That group includes Caesars Entertainment (NASDAQ:CZR).<\/p>\n

\"Caesars
Caesars Entertainment’s Harrah’s New Orleans. The stock is known for strong September showings. (Image: The Advocate)<\/figcaption><\/figure>\n

While the S&P 500 averaged a September decline of 0.6% over the past 20 years, Caesars stock posted an average return of 5.69% this month over the past decade, finishing September to the upside 75% of the time, according to Schaeffer\u2019s Investment Research.<\/p>\n

\n

That\u2019s easily good enough to put the Harrah\u2019s operator among the top 25 S&P 500 components, based on average returns, over the past 10 Septembers. Caesars is the only casino stock<\/a> on the list. But it is one of seven travel and leisure equities with track records of solid performance in the ninth month of the year.<\/p>\n<\/div>\n

Historical trends in financial markets can be instructive, but they aren\u2019t guaranteed to repeat yearly. Some analysts believe still-high inflation<\/a> and a slowing economy could weigh consumer discretionary spending into year-end. That would be a drag on gaming equities of all stripes.<\/p>\n

Caesars Stock Might Get Football Lift<\/h2>\n

The 2022 football season kicked off in earnest this weekend with the start of college football. With the NFL starting on Sept. 8, this is prime time for sportsbook operators to boost revenue and profits.<\/p>\n

Caesars Sportsbook is one of the big names in the industry<\/a> that\u2019s closing in on profitability. The operator is also adding to its brick-and-mortar and online footprints with the launch of internet betting in Kansas and two new retail sportsbooks in Louisiana.<\/p>\n

Harrah’s New Orleans and Horseshoe Bossier City Hotel & Casino each made history by opening state-of-the-art Caesars Sportsbook locations at their resorts. In addition, Harrah’s debuted the largest poker room in Louisiana with its grand opening of the new World Series of Poker Room,\u201d according to a Caesars press release.<\/p><\/blockquote>\n

The Harrah\u2019s sportsbook is part of broader $325 million enhancements at the only casino in New Orleans, an addition which is expected to be completed in 2024. The venue will eventually take the Caesars Palace name.<\/p>\n

Caesars Love for Louisiana<\/h2>\n

Already the dominant commercial casino operator in Louisiana, Caesars\u2019 ongoing commitment to the state makes sense. That’s because it\u2019s one of the largest gaming markets in the US and home to a burgeoning sports wagering scene.<\/p>\n

Louisiana is a competitive and deep sports wagering market<\/a> that rapidly climbed the ranks in terms of handle and revenue following legalization. And that was without the benefit of the 2021 football season.<\/strong><\/p>\n

\u201cCaesars remains committed to investing hundreds of millions of dollars to provide unequaled sports and entertainment experiences throughout Louisiana. This commitment will see Isle of Capri Lake Charles transform into Horseshoe Lake Charles, which will reopen with a new Caesars Sportsbook location in the coming months,\u201d according to the company.<\/p>\n","protected":false},"excerpt":{"rendered":"

On a historical basis, September is the worst month of the year for the S&P 500. But some members of the widely followed equity gauge often thrive in the ninth month of the year. That group includes Caesars Entertainment (NASDAQ:CZR). While the S&P 500 averaged a September decline of 0.6% over the past 20 years, […]<\/p>\n","protected":false},"author":46,"featured_media":230263,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10],"tags":[81897,81903],"acf":[],"yoast_head":"\nCaesars Stock Could Shine In September Thanks To Football<\/title>\n<meta name=\"description\" content=\"Louisiana, seasonal trends could lift Caesars stock this month.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Caesars Stock Could Shine In September Thanks To Football\" \/>\n<meta property=\"og:description\" content=\"Louisiana, seasonal trends could lift Caesars stock this month.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-05T09:00:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-06T20:56:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/09\/NO.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1567\" \/>\n\t<meta property=\"og:image:height\" content=\"1175\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Todd Shriber\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@etfgodfather\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Todd Shriber\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/\",\"url\":\"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/\",\"name\":\"Caesars Stock Could Shine In September Thanks To Football\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/09\/NO.jpg\",\"datePublished\":\"2022-09-05T09:00:09+00:00\",\"dateModified\":\"2022-09-06T20:56:28+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\"},\"description\":\"Louisiana, seasonal trends could lift Caesars stock this month.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/09\/NO.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/09\/NO.jpg\",\"width\":1567,\"height\":1175,\"caption\":\"Caesars Entertainment's Harrah's New Orleans. The stock is known for strong September showings. (Image: The Advocate)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Financial\",\"item\":\"https:\/\/www.casino.org\/news\/financial\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Caesars Stock Could Be Super in September\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\",\"name\":\"Todd Shriber\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png\",\"caption\":\"Todd Shriber\"},\"description\":\"Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long\/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at todd.shriber@casino.org.\",\"sameAs\":[\"https:\/\/muckrack.com\/todd-shriber\",\"https:\/\/www.linkedin.com\/in\/toddshriber\/\",\"https:\/\/x.com\/etfgodfather\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/todd-shriber\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Caesars Stock Could Shine In September Thanks To Football","description":"Louisiana, seasonal trends could lift Caesars stock this month.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/","og_locale":"en_US","og_type":"article","og_title":"Caesars Stock Could Shine In September Thanks To Football","og_description":"Louisiana, seasonal trends could lift Caesars stock this month.","og_url":"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2022-09-05T09:00:09+00:00","article_modified_time":"2022-09-06T20:56:28+00:00","og_image":[{"width":1567,"height":1175,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/09\/NO.jpg","type":"image\/jpeg"}],"author":"Todd Shriber","twitter_card":"summary_large_image","twitter_creator":"@etfgodfather","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Todd Shriber","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/","url":"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/","name":"Caesars Stock Could Shine In September Thanks To Football","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/09\/NO.jpg","datePublished":"2022-09-05T09:00:09+00:00","dateModified":"2022-09-06T20:56:28+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85"},"description":"Louisiana, seasonal trends could lift Caesars stock this month.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/09\/NO.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/09\/NO.jpg","width":1567,"height":1175,"caption":"Caesars Entertainment's Harrah's New Orleans. The stock is known for strong September showings. (Image: The Advocate)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/caesars-stock-could-shine-in-september-thanks-to-football\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Financial","item":"https:\/\/www.casino.org\/news\/financial\/"},{"@type":"ListItem","position":3,"name":"Caesars Stock Could Be Super in September"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85","name":"Todd Shriber","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png","caption":"Todd Shriber"},"description":"Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long\/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at todd.shriber@casino.org.","sameAs":["https:\/\/muckrack.com\/todd-shriber","https:\/\/www.linkedin.com\/in\/toddshriber\/","https:\/\/x.com\/etfgodfather"],"url":"https:\/\/www.casino.org\/news\/author\/todd-shriber\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/230262"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=230262"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/230262\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/230263"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=230262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=230262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=230262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}