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Interesting shareholder proposal at Caesars Entertainment $CZR this year - report on cost savings related to their properties going smokefree.

Interesting factoids in the supporting statement:

  • Tobacco use and secondhand smoke exposure kills nearly 500,000 Americans every year

  • no currently available or reasonably anticipated ventilation or air cleaning system that can adequately control or significantly reduce the health risks of environmental tobacco smoke to an acceptable level

  • Data from multiple jurisdictions clearly indicates that banning smoking no longer causes a dramatic drop in gaming revenue. In fact, non-smoking properties appear to be performing better than their counterparts that continue to allow smoking.

  • 88.5% of the American public does not smoke

sec.gov/Archives/edgar/…

Apr 30, 2024
at
12:16 AM
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