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Caesars Entertainment Inc. (NASDAQ:CZR) ranks among the best sin stocks to buy in 2026. On December 8, Citizens analyst Jordan Bender reiterated a Market Outperform rating and $37 price target on Caesars Entertainment Inc. (NASDAQ:CZR), citing evidence indicating that betting exchanges represent minimal competitive risk to traditional establishments.
The firm analyzed moneyline and over/under odds during the NFL Week 14 games, collecting 26 data points from companies like FanDuel, DraftKings, and betting platform Kalshi. The data, collected on December 5, revealed that Kalshi’s pre-game odds were 14% lower than DraftKings and 15% lower than FanDuel when transaction fees were taken into account. Although Kalshi’s average over/under pricing improved week-over-week, game results declined, leading to a worse total pricing discount than established sportsbooks.
This follows Citizens’ previous coverage of the company on December 1, where the firm maintained a positive stance on Caesars Entertainment Inc. (NASDAQ:CZR) despite talks regarding the possible impact of betting platforms on traditional gambling operators. Even before the Kalshi data was disclosed, citizens expressed confidence that such platforms would not represent a competitive threat to the financial health of existing players in legal sports betting states.
Caesars Entertainment Inc. (NASDAQ:CZR) operates as a gaming and hospitality company. The company owns, leases, brands, or manages domestic properties in 18 states with slot machines, video lottery terminals, and e-tables, and hotel rooms, as well as table games, including poker.
While we acknowledge the potential of CZR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.
Disclosure: None. This article is originally published at Insider Monkey.
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