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Why Things Are Getting Better For Las Vegas, But Not For Atlantic City
Monday, March 30, 2015 - 1:11pm | 364Read More...The casino businesses in Las Vegas have gone through tough times since the economic crisis in 2008. Despite improving conditions in Nevada, Atlantic City has not had the same good fortune. Caesars Entertainment Corp (NASDAQ: CZR) Chairman Gary Loveman, was on CNBC recently to discuss why things...
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Caesars Entertainment Falls On Large Loss
Monday, November 10, 2014 - 5:47pm | 261Read More...Caesars Entertainment Corp (NASDAQ: CZR) reported financial results for the third quarter 2014 on Monday. Revenues came in at $2.212 billion, slightly below the average estimate of $2.24 billion and above the $2.087 billion reported on the previous year period. Basic and diluted loss per...
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Caesars Q2 Miss Laid To Atlantic City; Other 'Regional' Markets
Tuesday, August 12, 2014 - 7:39am | 201Read More...Caesars Entertainment (NASDAQ: CZR) missed second-quarter estimates as strong performance at its Las Vegas properties was outweighed by weakness in Atlantic City and other regional markets, the company said Monday. Caesars fell nearly five percent in the extended session, recently trading at $13.00...
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Caesars Cuts Atlantic City Losses; Shares Gain 5%
Friday, June 27, 2014 - 12:42pm | 151Read More...Caesars Entertainment (NASDAQ: CZR) shares gained nearly five percent Friday after the company said it will cut its losses on an Atlantic City property because of persistent declines in business levels. CEO Gary Loveman said revenue is off by more than $3 billion in Atlantic City since 2006, while...
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Caesars Entertainment Drops Slightly After Q4 Results
Tuesday, March 11, 2014 - 4:43pm | 210Read More...Caesars Entertainment (NASDAQ: CZR) is down less than one percent in after hours trading after the company reported its fourth quarter results. The firm reported a Q4 GAAP of $12.83 per share and adjusted EBITDA of $406.3 million. Revenue arrived at $2.08 billion, which was slightly below the...
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Caesars Entertainment Reports Smaller Q2 Loss (CZR)
Monday, July 29, 2013 - 7:01pm | 229Read More...Caesars Entertainment (NYSE: CZR) released its fiscal second-quarter earnings results after the closing bell on Monday. The company reported a steeper-than-expected earnings per share loss and sales also missed estimates. In late trading, the stock was last down around 1.50 percent to $15.35....
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Caesars' Gary Loveman: Spending Levels Are Trending In "Right Direction"
Wednesday, April 13, 2011 - 12:43pm | 104Read More...Caesars Entertainment CEO Gary Loveman told CNBC that he believes that spending levels are trending in the “right direction for a change,” but are not yet where they were before the economic crisis. “The business we're seeing now is improving,” he said. Loveman also said that he believed that non...
