October 27, 2026 - 3:28 pm
Caesars Entertainment Inc.’s Las Vegas operations reported lower revenue and a sharper decline in operating earnings in the third quarter as fewer convention events and weaker leisure visitation weighed on hotel and nongaming business.
The Reno-based casino operator reported $930 million in revenue from its Las Vegas segment for the three months ended Sept. 30, down 2.3 percent from $952 million in the same quarter last year, according to public filings with the U.S. Securities and Exchange Commission. Adjusted earnings before interest, taxes, depreciation and amortization fell 9.5 percent to $343 million.
Caesars did not hold an earnings call Tuesday, a decision the company announced earlier this month because of its pending merger with Fertitta Entertainment.…