Las Vegas Sun

March 28, 2024

Caesars reports 2Q loss

Caesars Entertainment Corp. (CZR) today reported a second-quarter loss of $2.08 billion, after reporting a profit in the same period a year earlier.

The Las Vegas-based company said it had a loss of $14.25 per share.

The casino operator posted revenue of $1.23 billion in the period.

Caesars shares have risen slightly since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $7.91, a rise of 46 percent in the last 12 months.

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