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Caesars Entertainment releases Q1 2019 results

May 01, 2019 - Marketline Newswire
Board and Executive Moves-Mergers and Acquisitions

Caesars Entertainment has reported first quarter of 2019 results.

First Quarter Highlights Net revenues increased 7.3% to $2.12 billion.Income from operations increased 92% to $240 million.Net loss attributable to Caesars was $217 million. Basic loss per share totaled $0.32.Non-GAAP hold adjusted net revenues increased 5.6% to $2.11 billion.Non-GAAP adjusted EBITDAR increased 8.5% to $562 million.Non-GAAP hold adjusted EBITDAR increased 2.8% to $558 milli...