About the Author

Cheryl Coward

Cheryl Coward started her career as a news reporter in Washington, DC. She's a die-hard women's basketball fan and founded the website Hoopfeed.com as a result of that passion. She loves writing about sports on all levels and has previous experience covering sports betting regulations, operator marketing campaigns and women's sports gambling topics.

Caesars Reveals Disappointing First-Quarter But Counts NC Online Sports Betting Launch A Success

May 6, 2024 | By: Cheryl Coward

While Caesars Entertainment successfully launched online sports betting in North Carolina last month, the company had a challenging first quarter in 2024. During an earnings call with investors, the operator reported a 1% drop in consolidated net revenues to $2.7 billion and a 10% decrease in adjusted EBITDA (earnings before interest, taxes, depreciation and amortization). […]