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Caesars online revenue soars following Pacific acquisition

12th August 2014 6:09 am GMT

Caesars Interactive Entertainment (CIE), a subsidiary of Caesars Growth Partners (CGP), has credited the acquisition of Tel Aviv-based social casino studio Pacific Interactive for an 89.2 per cent increase in revenue in the first half of the year.

CIE revenue for the six months ended June 30th rose from $142.1m to $268.8m, with adjusted EBITDA up 79.9 per cent to $74.3m. The division also decreased its loss from operations by 41 per cent to $16m.

Net revenue [...]

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