Caesars Entertainment reports 6% increase in Q3 revenue

Caesars Entertainment has reported revenue of $2.9bn for the third quarter of 2022, a 6% increase from the third quarter of 2021. Regional revenue led the way with $1.53bn, followed by Las Vegas at $1.07bn. Caesars Digital revenue totalled $212m, with Managed and Branded revenue totalling $70m. Net income amounted to $52m for Q3 2022, compared to net loss of $233m for the prior-year period. Adjusted EBITDA for the quarter was $1bn, a 15% i...