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Online segment weighs on Caesars’ performance in Q1

4th May 2022 8:24 am GMT
Caesars Entertainment
Playtech

Caesars Entertainment has reported a 20.9 per cent increase in revenue to $2.92bn for the first quarter of 2022, despite a weak performance by Caesars Digital.

Caesars’ Las Vegas segment grew revenue by 83.9 per cent to $914m, while the Regional segment saw revenue climb 13.5 per cent year-on-year to $1.36bn. This offset negative revenue of $53m at Caesars Digital, compared to net revenue of $39m in Q1 2021.

The Managed and Branded segment generated further revenue [...]

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