![]() This resulted in earnings of 34 cents/share, well ahead of a projected 27 cents/share. ![]() Q3 revenue for Caesars (NASDAQ: CZR) hit $2.99 billion, ahead of a projected $2.94 billion and a 3.7% increase over last year. The company posted a record adjusted EBIDTA of $1.04 billion, with much of this success attributed to a new online casino launch, Caesars Palace Online, which went live in mid-August. In addition to announcing record earnings, the quarterly call gave the first indication that the company was nearing an agreement with workers who have been threatening to strike. ![]() Casino giant Caesars Entertainment on Tuesday reported higher profits than expected for Q3, confirming what labor union members seeking a new contract have been saying – that the company is seeing record numbers in its pandemic rebound. ![]()
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