Caesars casino earnings
Caesars Entertainment Corp. reported declines during the second quarter for its Atlantic City region casinos. Overall, net revenues sank 8 percent to $400.1 million and gross operating profits fell 6 percent to $63.1 million compared with the same period last year. The company blamed competition from casinos in surrounding states. The Atlantic City region includes the Bally's, Caesars, Harrah's Resort and Showboat casinos in Atlantic City and the Harrah's Philadelphia racetrack casino in Chester, Pa.