US casino operator Caesars Entertainment Corporation (CEC) has recorded net income of $5m for the third quarter of 2016, largely due to a $4.2bn pre-tax gain on the sale of Caesars Interactive's social and mobile games business.
Net third quarter revenue from CEC’s continuing operations rose 3 per cent to $986m, primarily due to strong growth in the Las Vegas region, which partially offset declines in Atlantic City and New Orleans.
Income from operations decreased by $128m [...]
