Caesars swings to profit in Q4 supported by strong Las Vegas occupancy
Caesars Entertainment returned to profit for the fourth quarter of 2024, reversing a year-ago loss, as strong demand in its Las Vegas properties helped offset regional challenges. The company posted a net income of $11 million, or 5 cents per share, compared to a $72 million loss in the same quarter of 2023.
Caesars Entertainment Swings to 4Q Profit Despite Lower Revenue
Caesars Entertainment swung to a profit in the fourth quarter, though revenue edged lower as gamblers won too many sports bets. The casino operator on Tuesday posted a profit of $11 million, compared with a loss of $72 million a year earlier.
CEO Tom Reeg said competitive pressures in Vegas were partially balanced out by the openings of Caesars New Orleans and ...
Kelly Clarkson heads back to Vegas this summer for an 18-show residency. Here's when she'll be there and how to get tickets.
Caesars Entertainment reported a net loss during 2024 but remains confident about digital earnings goals after the division ...
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Las Vegas Review-Journal on MSN5d
‘Very bullish on Las Vegas’: Major Strip player pumping $1B into propertiesReno-based Caesars Entertainment is making a big bet on the future of its Las Vegas properties with a spending spree aimed at ...
RENO, Nev. (AP) — RENO, Nev. (AP) — Caesars Entertainment, Inc. (CZR) on Tuesday reported fourth-quarter profit of $11 million. The Reno, Nevada-based company said it had net income of 5 cents per ...
Schools spent nearly $200 billion of COVID-relief dollars on expenses that had "little" impact on students, DOGE said.
Reports Q4 revenue $2.8B, consensus $2.81B. Tom Reeg, Chief Executive Officer of Caesars (CZR) Entertainment, Inc., commented, “Fourth quarter ...
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