Caesars Entertainment Corp (NASDAQ:CZR) owns and operates casinos primarily in the United States and England. Its casinos are operated under a series of names, among them, Caesars, Harrah's, and Horseshoe. In addition, Caesars Entertainment runs "play for fun" casinos and social games on sites such as Facebook.
For the nine months ended in September of 2011, the company's total revenue was $6.7B. This resulted in a net loss $467M. For the same period in 2010, the net revenue was $6.7B and a net loss of $629M. 
The company's initial public offering of stock on the NASDAQ occurred on February 8, 2012. The company offered 1.8M shares each for $9. This was at the midpoint of the initial price range. The deal raised a total of $16M. The lead mangers of the deal were Credit Suisse, BofA, and Deutsche Bank.
At the time of its IPO, Caesars Entertainment had roughly $22.5B in debt. This burden makes it more difficult for the company to take on the significant risks involved in opening new casinos or developing new lines of business. It also means that the company is dependent on fluctuations in the interest rate. In addition, CZR may simply be unable to produce enough of a profit to compensate for its debt.