Key Takeaways
- Losses of $761m are reported in Caesars Q3 results.
- CEO Gary Loveman finds the Massachusetts Gaming Commission position “extraordinary.”
- He is optimistic about the potential for online poker expanding to more states.
- CIE reported revenues up $28.9 million, or 46.3% but the gain was attributable to social gaming not to real money poker.
The third quarter results from Caesars Entertainment Corporation have shown a weak financial position. Net losses attributable have increased from $505.5m to $761.4m.
