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Caesars reports Q1 EPS (63c), consensus (1c)

Reports Q1 revenue $2.83B, consensus $2.76B. Tom Reeg, CEO, commented, "We delivered another strong quarter led by a new Q1 Adjusted EBITDA record in Las Vegas. Results in our regional segment remained consistent with prior quarters especially when excluding the impact of bad weather in northern Nevada during the quarter. Our digital segment was nearly break even in the quarter despite launching operations in Ohio and Massachusetts."

Published first on TheFly

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