Caesars Stock Sapped by Weak Q3 Las Vegas Casino Results (Casino.org)

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The operator’s Las Vegas casino revenue was essentially flat year over year Weak leisure demand in Sin City pushed Caesars to wider-than-expected losses Management expects better Q4, 2026 Shares of Caesars Entertainment (NASDAQ: CZR) are getting walloped on Wednesday after the casino giant reported a wider-than-expected third-quarter loss on softness in Las Vegas. Caesars Palace Las Vegas. The operator’s stock is sinking on weak Q3 Las Vegas results. (Image: Shutterstock) In midday trading, the already beleaguered stock is off almost 10% on volume that’s already surpassed the daily average following the downbeat earnings report delivered Tuesday after the close of US markets. Caesars’ stock is in danger of closing below $20 for the first time in five and a half years, or when its casinos were closed due to the coronavirus pandemic. Investors are taking Caesars to task because the second-largest operator on the Strip posted revenue of $2.87 billion there for the July through September — remaining essentially flat…Read MoreCategory: Commercial Gaming, Financial, Las Vegas, commercial gamingSource: Casino.org

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