Caesars Entertainment (CZR) Reports Q2 Loss of $14.25/Share, Revenues Rise 7.8%
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Caesars Entertainment Reports Financial Results for the Second Quarter 2016
August 2, 2016 4:01 PM EDTLAS VEGAS, Aug. 2, 2016 /PRNewswire/ -- Caesars Entertainment Corporation (NASDAQ: CZR) today reported second quarter 2016 results as summarized in the discussion below, which highlights certain GAAP and non-GAAP financial measures on a consolidated basis.
Highlights
Net revenues for Continuing CEC increased 7.8% year-over-year to $1.2 billion primarily attributable to strength in Caesars Interactive Entertainment's ("CIE") social and mobile games business and growth in hospitality revenues in Las Vegas. Net... More