MichaelBluejay
MichaelBluejay
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February 26th, 2025 at 7:18:51 AM permalink
Caesars reported an adjusted loss of $25 million for its Las Vegas operations for 2024.

A few years ago I wrote an article about how casinos are often surprisingly unprofitable. I'm not planning to update it any time soon, as I think I've made my point, but today Caesars emailed me their results, so I'm sharing.

Discuss.
I run Easy Vegas ( https://easy.vegas )
billryan
billryan
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February 26th, 2025 at 7:22:29 AM permalink
Quote: MichaelBluejay

Caesars reported an adjusted loss of $25 million for its Las Vegas operations for 2024.

A few years ago I wrote an article about how casinos are often surprisingly unprofitable. I'm not planning to update it any time soon, as I think I've made my point, but today Caesars emailed me their results, so I'm sharing.

Discuss.
link to original post



Hollywood accounting. It's not just for blockbuster films anymore.
The older I get, the better I recall things that never happened
Dieter
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Dieter
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February 26th, 2025 at 10:23:49 AM permalink
Do those numbers include results from the REIT operations?
May the cards fall in your favor.
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