Skip to content

adev space

Digital growth helps Caesars reduce net loss in 2022

Posted on 22/02/2023

Caesars Entertainment reported a reduced net loss for its 2022 financial year after growth within its digital business contributed to an increase in revenue.
Caesars Palace Las Vegas

The operator posted year-on-year growth across all its operating segments, though it was the digital segment that experienced the largest percentual increase during the 12 months to December 31, 2022.

The full-year results were also helped by what chief executive Tom Reeg said was a “strong” performance in the fourth quarter, during which the operator benefited significantly from its sportsbook offering.

Read the full story on iGB North America.

Source: Read Full Article

Post navigation

❮ Previous Post: HKJC to pay HK$12.0bn in special football betting duty
Next Post: Star announces funding injection amid AU$1.26bn loss ❯

Online Casino News

NFLPA’s Professional Athletes Foundation renews partnership with Epic Risk Management
01/03/2023
GGBet to enter UK market
27/07/2023
Trustly finalises acquisition of Ecospend
27/01/2023
BtoBet and PremierBet renew existing partnership 
26/04/2023
Microgaming taps Fisk as CEO
03/05/2023
Imagine Casino secures approvals to build 44,000 sq ft Phase I Casino, acknowledgement for future Phase II hotel and 20,000 sq ft expansion.
23/06/2023

Online News

  • Light & Wonder reports 18% year-on-year revenue increase for Q4 2022
  • MGM RESORTS INTERNATIONAL REPORTS SECOND QUARTER 2023 FINANCIAL AND OPERATING RESULTS
  • Softswiss partners with Spinago for a jackpot campaign
  • Grupo Caliente installs Zitro’s Mega King
  • Red Tiger launches new adventure-themed slot Monsters Unchained
  • NorthStar Gaming to begin trading on TSX Venture Exchange
  • 10000 BC DoubleMax by 4ThePlayer

Copyright © 2023 adev space.