Revenues up for Caesars Entertainment

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Caesars Entertainment has reported operating results for the third quarter ended September 30, revealing net revenues of $2.7bn versus $1.4bn for the comparable prior-year period.


There was a net loss of $233m compared to a net loss of $926m in 2020. Same-store adjusted EBITDA wasf $882m versus $433m for the comparable prior-year period.

CEO Tom Reeg said: “Our third quarter operating results reflect an all-time quarterly EBITDA record in our Las Vegas segment and a new third quarter EBITDA record for our regional segment.

“We are encouraged by the early results from our rebranded Caesars Sportsbook launch and we are looking forward to launching additional states by year end and into 2022.”

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