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). […]