Shares in US casino operator Caesars Entertainment Corporation slumped by nearly 15 per cent in New York Wednesday on fears of a slowdown in the Las Vegas gaming market at the start of the third quarter.
Caesars posted strong second quarter growth as net revenue more than doubled to $2.12bn with the inclusion of results from CEOC, its operating arm, which emerged from bankruptcy during the final quarter of 2017.
On a like-for-like basis, same-store net revenue was up 3 per [...]