Caesars Entertainment reports unexpected quarterly deficit, falls short of Wall Street predictions according to Reuters
Caesars Entertainment surprised investors with a third-quarter loss, falling short of market expectations. The company attributed the poor results to new competition and disruptions caused by construction in regional markets. Following the news, Caesars’ shares dropped by 4% in after-hours trading. Instead of the expected profit of 12 cents per share, Caesars reported a loss … Read more