Caesars Entertainment Inc

CZR: XNAS (USA)
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Caesars Earnings: Digital Continues to Shine, While Near-Term Vegas Demand Grinds; Shares Attractive

Caesars' sales increased 2.9%, led by stout digital growth of 24%, offset by a 4% drop in Vegas in the second quarter. EBITDA decreased 4% despite digital margins increasing to 23.3% from 14.5%, as Vegas margins fell 219 basis points to 44.5%.

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