Caesars Entertainment Results
Caesars Entertainment, Inc. Reports Second Quarter 2023 Results
GAAP net revenues of $2.9 billion versus $2.8 billion for the comparable prior-year period.
GAAP net revenues of $2.9 billion versus $2.8 billion for the comparable prior-year period.
GAAP net revenues of $2.8 billion versus $2.3 billion for the comparable prior-year period. GAAP net loss of $136 million compared to net loss of $680 million for the comparable prior-year period.
GAAP net revenues of $2.8 billion versus $2.5 billion for the comparable prior-year period.
GAAP net revenues of $2.3 billion versus $1.8 billion for the comparable prior-year period. GAAP net loss of $680 million compared to a net loss of $423 million for the comparable prior-year period.
Net revenues of $1.7 billion, an increase of 259.2% on a GAAP basis and a decrease of 16.0% on a same-store basis versus the comparable prior-year period.
Quarterly net revenues for Continuing CEC increased 8.7% year-over-year to $1.1 billion and full-year net revenues increased 14.7% year-over-year to $4.5 billion driven by strength in hospitality offerings as well as positive performance in CIE's social and mobile games business.
Consolidated results led by strength in social and mobile games and new hospitality offerings were offset by unfavorable hold at Caesars Palace and increased operating expenses