Similar Stories to Caesars Posts 2q Profit Without Bankrupt Subsidiary on Bing News

NewsOK.com RSS - business, Daily Oklahoman: Business
Tue, 08/04/2015 - 3:44pm

LAS VEGAS (AP) — Caesars Entertainment Corp.'s new president and CEO said Tuesday the company is getting savvier at deciding which gamblers get freebies and which don't, helping to boost its profit margins for earnings before costs in the second quarter. Mark Frissora, hired in July to take the helm from Gary Loveman, who remains chairman of the board, said the extra cash generated is likely to be reinvested in improving the casino giant's hotel rooms in Las Vegas, with the tower at Harrah's on the Strip among the first to be fixed-up. Caesars reported second-quarter net income of $15 million, after reporting a loss in the same period a year earlier. The company's quarterly earnings no longer include its bankrupt subsidiary Caesars Entertainment Operating Corp., the company's largest division that owns and operates 28 casinos including Caesars Palace on the Las Vegas Strip.Read more on NewsOK.com

PREV NEXT
BING NEWS:
  • EBay 1Q Revenue Beats Estimates, Issues 2Q Guidance
    By Denny Jacob Online marketplace eBay posted better-than-expected revenue in its latest quarter, indicating consumers are still willing to spend ...
    05/1/2024 - 9:19 am | View Link
  • Caesars Sportsbook promo code offers choice of two welcome offers on Sunday
    If your first bet wins, you profit cash to use within the app or withdraw to your bank account. Meanwhile, a miss is covered by a Caesars Sportsbook bonus bet chunk to recoup your stake loss.
    04/28/2024 - 4:45 am | View Link
  • Caesars Sportsbook promo code NYPNEWS1000: Up to $1K back in 18 states, profit boosts in three states
    Additionally, Caesars Sportsbook has a unique profit boost promotion in three states (IA, MD, ME). Sign up with this link or the module below and the bonus code NYPNEWSDYW to unlock this offer.
    04/27/2024 - 3:30 am | View Link
  • More
PREV NEXT

 

PREV NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More Business News