Caesars Entertainment reports full year net revenue of $10.8bn

Caesars Entertainment has reported full-year GAAP (generally accepted accounting principles) net revenue of $10.8bn, an increase of 13% year-on-year. The operator did, however, record a net loss of $899m, though this was down from a net loss $1bn the previous year. Adjusted EBITDA for the full year was $3.2bn. For Q4, meanwhile, the company's net revenue increased to $2.8bn, a 7% rise. Q4 adjusted EBITDA was $957m, while net loss was ...