initial public offerings (IPOs) trading on American exchanges

Friday, December 13, 2013

Caesars Acquisition Company (CACQ) began trading on the NASDAQ on 19 November 2013


Caesars Acquisition Company (CAC) was formed to make an equity investment in Caesars Growth Partners, LLC (Growth Partners), which is a joint venture between CAC and Caesars Entertainment Corporation (Caesars Entertainment), which is a diversified casino-entertainment provider. Growth Partners is a casino asset and entertainment company focused on acquiring and developing a portfolio of high-growth operating assets and equity and debt investments in the gaming and interactive entertainment industry. The Company operates through its two businesses: Interactive Entertainment and Casino Properties and Developments. Growth Partners’ portfolio of casino-related assets consists of Planet Hollywood and an investment in a casino project under development in Baltimore, Maryland, the Horseshoe Baltimore. Planet Hollywood is a casino resort located on the Las Vegas Strip in Las Vegas, Nevada.


One Caesars Palace Drive
United States 

Key stats and ratios

Q3 (Sep '13)2012
Net profit margin25.00%24.91%
Operating margin18.47%17.31%
EBITD margin-23.60%
Return on average assets7.95%8.17%
Return on average equity18.24%16.63%

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