WASHINGTON (dpa-AFX) - Caesars Entertainment, Inc. (CZR) on Tuesday reported fourth-quarter net loss of $250 million or $1.23 per share, compared to net income of $11 million or $0.05 per share for the comparable prior-year period.
The bottom line was primarily driven by gains on asset sales in the prior year period of over $350 million.
Net revenues for the quarter was $2.92 billion, compared to $2.80 billion for the comparable prior-year period.
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