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Caesars Entertainment sees first quarter revenue drop to $1.83bn

12th May 2020 10:17 am GMT
Caesars Entertainment

New York-listed casino operator Caesars Entertainment has reported a 14 per cent drop in net revenue to $1.83bn for the first quarter of 2020, as results were impacted by the temporary closure of its properties in mid-March due to the COVID-19 pandemic.

The company said that its performance in the first two months of the year was “very strong”, with revenue through February up 12 per cent compared to last year, driven by increases in all [...]

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