LAS VEGAS: Caesars Entertainment Inc shares leaped in extended trading after chief executive officer Tom Reeg gave an upbeat profit forecast and pointed to continuing signs of recovery for the gambling industry.
Caesars, the largest owner of casinos in the US, reported adjusted first-quarter earnings of US$505mil (RM2.1bil) before interest, taxes, depreciation and amortisation, a 23% increase from a year earlier.
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