Digital success tempered by Q4 stagnation in Caesars' 2023
Caesars said growth within its digital division pushed revenue up in 2023, while the group is acquiring WynnBet’s Michigan igaming business.
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Caesars said growth within its digital division pushed revenue up in 2023, while the group is acquiring WynnBet’s Michigan igaming business.
Stabilized EBITDA and Digital Segment Improvement Mark Key Financial Milestones
Caesars Entertainment reported quarterly losses of 34 cents per share which missed the analyst consensus estimate of 7 cents by 385.71%. The company reported quarterly sales of $2.83 billion, missing the analyst consensus estimate of $2.85 billion by 0.68% and representing a 0.32% increase over sales of $2.82 billion from the same period last year.
20.02.2024 - Caesars Entertainment, Inc., (NASDAQ: CZR) (“Caesars,” “CZR,” “CEI” or “the Company”) today reported operating results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter Results: GAAP net revenues of $2.83 billion versus ...
By Ben Glickman Caesars Entertainment's loss narrowed in the fourth quarter as the company's digital business offset weakness at its Las Vegas casinos. The...