joannec
2021-11-03
Hi
Caesars CEO Talks Up Sports Betting After Profit Falls Short<blockquote>凯撒首席执行官在利润不足后谈论体育博彩</blockquote>
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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCaesars CEO Talks Up Sports Betting After Profit Falls Short<blockquote>凯撒首席执行官在利润不足后谈论体育博彩</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2021-11-03 11:24</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> (Bloomberg) -- Caesars Entertainment Inc. would have been more profitable last quarter if not for the fallout from Hurricane Ida on the U.S. Gulf Coast and a fire in Northern California, Chief ...</p><p><blockquote><div>(彭博社)-如果不是飓风艾达对美国墨西哥湾沿岸的影响和北加州的一场火灾,凯撒娱乐公司上个季度的利润会更高……</div></blockquote></p><p> <a href=\"https://finance.yahoo.com/news/caesars-shares-tumble-quarterly-earnings-204024866.html\">网页链接</a> </div> </p><p><blockquote><a href=\"https://finance.yahoo.com/news/caesars-shares-tumble-quarterly-earnings-204024866.html\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://finance.yahoo.com/news/caesars-shares-tumble-quarterly-earnings-204024866.html\">Bloomberg</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CZR":"凯撒娱乐"},"source_url":"https://finance.yahoo.com/news/caesars-shares-tumble-quarterly-earnings-204024866.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112586917","content_text":"(Bloomberg) -- Caesars Entertainment Inc. would have been more profitable last quarter if not for the fallout from Hurricane Ida on the U.S. Gulf Coast and a fire in Northern California, Chief Executive Officer Tom Reeg said Tuesday.\nAbsent those interruptions, the largest owner of casinos in the U.S. would have generated $1.1 billion in third-quarter earnings before interest, taxes, depreciation and amortization from its resorts, Reeg said on a conference call Tuesday. In May, he said the company would likely earn $1 billion in Ebitda at least one quarter this year.\nInstead, Caesars reported a surprise net loss for the quarter of $233 million, or $1.10 a share. Revenue soared to $2.69 billion from $1.44 billion a year ago, when casinos were in the teeth of the pandemic.\nAdjusted earnings before interest, taxes, depreciation and amortization more than doubled to $882 million, but that missed the $931 million average of analysts’ estimates compiled by Bloomberg. The earnings represent a record for the company’s Las Vegas properties, Caesars said in a statement.\nShares of Caesars were down 2.2% to $109.25 in extended trading. The stock was up 50% this year through Tuesday’s close in New York.\nOnline betting has been a big growth initiative for the casino industry, including Caesars.\nThe company completed the acquisition of sports betting giant William Hill Plc in April. Results for its online business were impacted by increased promotional activity, executives said on the call. While the company will continue to invest in the business, Reeg forecast profitability in sports betting by football season 2023.\n“We’re gaining share at a pace stronger than we expected given the investment that we’ve made,” he said.\nCaesars’ CEO also reiterated plans to sell a casino on the Las Vegas Strip early next year to reduce debt.","news_type":1,"symbols_score_info":{"CZR":0.9}},"isVote":1,"tweetType":1,"viewCount":3004,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/841677718"}
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