Caesars Q3: Las Vegas earnings slide while regional and digital units keep growing

Caesars Entertainment grew revenue in the third quarter, but its Las Vegas business lost ground and the group's loss widened. The split between a weaker Las Vegas and growing regional and online operations matters to suppliers and operators that work with large US groups. Caesars Entertainment’s third-quarter figures show a group pulling in two directions. Las Vegas lost ground on both revenue and earnings. Regional casinos and Caesars Digital kept growing. Group revenue rose 2.5% to $2.94bn in the quarter. Consolidated adjusted EBITDA still fell, to $865m from $884m. The bottom line moved further into the red.