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Online a boost to Caesars as Q3 casino revenue declines

30th October 2013 9:05 am GMT

US casino operator Caesars Entertainment Corporation said Tuesday that the successful launch of real-money online gaming in Nevada and New Jersey could serve as a “model” and “potentially stimulate” other US states considering online gaming legalization, as the company reported a 46 per cent in revenue attributable to its online gaming arm for the third quarter of 2013.

Total net revenue in Q3 fell marginally by 0.7 per cent to $2,180.0m compared to the same period [...]

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