Who Owns Caesars Entertainment?
Updated onExplore the ownership hierarchy of Caesars Entertainment. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Caesars Entertainment
Caesars Entertainment is a publicly traded U.S. casino and hospitality company operating the Caesars, Harrah’s, Horseshoe and other gaming and resort brands across numerous destinations.
Caesars Entertainment appears to be independent with no known parent company.
Caesars Entertainment
Caesars Entertainment is a publicly traded U.S. casino and hospitality company operating the Caesars, Harrah’s, Horseshoe and other gaming and resort brands across numerous destinations.
Caesars Entertainment appears to be independent with no known parent company.
Major Shareholders
Caesars Entertainment
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Vanguard Group Inc. Approximate stake based on 20,709,968 CZR shares reported on Form 13F for Q3 2025 and ~212.5M shares outstanding; generally cited as Caesars Entertainment’s largest institutional shareholder. | Institutional | 9.8% | 9.8% | Sep 2025 |
Capital World Investors Approximate stake calculated from 16,193,070 shares reported on Q3 2025 institutional holdings versus ~212.5M shares outstanding. | Institutional | 7.6% | 7.6% | Sep 2025 |
Capital Research Global Investors Approximate stake based on 15,317,941 shares disclosed in Q3 2025 institutional filings and current share count. | Institutional | 7.2% | 7.2% | Sep 2025 |
Cohen & Steers, Inc. Approximate stake based on 15,026,747 shares held as reported in Q3 2025 13F data and MarketScreener’s share-count information. | Institutional | 7.1% | 7.1% | Sep 2025 |
BlackRock Advisors LLC Approximate stake derived from 11,615,599 Caesars shares attributed to BlackRock Advisors in shareholder summaries and the company’s outstanding share count. | Institutional | 5.5% | 5.5% | Sep 2025 |
Recreational Enterprises, Inc. Nevada-based Carano family investment vehicle; Schedule 13D/A filed Oct. 1, 2020 reports beneficial ownership of 8,604,325 shares (~4.22% of Caesars at that time). Later ownership services still show roughly this share count, so current percentage is likely just over 4% given modest share-count growth. | Corporate | 4.2% | 4.2% | Oct 2020 |
Janus Henderson Group plc Approximate stake based on 7,346,298 shares reported in Q3 2025 institutional holdings versus the current share count. | Institutional | 3.5% | 3.5% | Sep 2025 |
State Street Corporation Approximate stake calculated from 6,480,490 shares reported by State Street in Q3 2025 filings and outstanding-share data. | Institutional | 3.0% | 3.0% | Sep 2025 |
The Goldman Sachs Group, Inc. Approximate stake based on 6,410,260 shares disclosed in Q3 2025 institutional-ownership data. | Institutional | 3.0% | 3.0% | Sep 2025 |
Merrill Lynch International (Bank of America Corp.) Approximate stake using 5,866,133 shares attributed to Merrill Lynch / Bank of America in institutional and MarketScreener ownership tables and current share count. | Institutional | 2.8% | 2.8% | Sep 2025 |
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