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Caesars Entertainment Q1 Loss Narrows

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Caesars Entertainment Inc (CZR) Tuesday reported first-quarter net loss of $115 million or $0.54 per share, compared to loss of $158 million or $0.73 per share last year.

The company's revenue for the period rose to $2.794 billion from $2.742 billion last year.

Tom Reeg, Chief Executive Officer of Caesars Entertainment, Inc., commented, "During the first quarter of 2025, consolidated Adjusted EBITDA grew 4% over prior year driven by significant gains in our Digital segment which delivered a new Q1 record, growth in our regional segment with strong contributions from recently opened properties and a solid quarter in Las Vegas against a tough Super Bowl compare last year."

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