Reported about 7 hours ago
Caesars Entertainment announced a narrower quarterly loss on Tuesday, driven by strong performance in its digital sector amid increasing demand for sports betting. The company reported a net loss of $115 million for the first quarter, an improvement from the previous year's loss of $158 million, as digital revenue surged to $335 million. Total revenue for the quarter reached $2.79 billion, slightly up from $2.74 billion a year prior.
Source: YAHOO