Caesars Entertainment (CZR) Reports Q1 Loss Per Share of 2.12

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Caesars Acquisition Company Reports First Quarter 2016 Results

May 5, 2016 4:04 PM EDT

LAS VEGAS, May 5, 2016 /PRNewswire/ -- Caesars Acquisition Company (NASDAQ: CACQ) today reported the following results for Caesars Growth Partners, LLC ("CGP LLC") for the first quarter 2016. Caesars Acquisition Company ("CAC") was formed to make an investment in CGP LLC, owns 100% of the voting membership units of CGP LLC and accounts for its investment under the equity method.

Achieved another strong quarter in the Interactive Entertainment business unit with net revenues and Adjusted EBITDA up 29.0% and 42.7% for the three... More