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The Caesars Palace pool complex is seen here last summer. Company executives at the casino giant say massive demand following the pandemic is ready to pounce on Las Vegas. (Image: Caesars Palace)Caesars reported fourth-quarter revenue of . Captain Jack Casino Promo Tehp 5 billion, up 153 percent from the company’s 2019 Q4. The surge was due to Caesars merging with Eldorado Resorts in July of 2020, and bringing in new properties to its portfolio. Fourth-quarter earnings resulted in a net loss of . 91 per share. peppermill casino blackjack After factoring in one-time cost adjustments, Caesars says losses were . 70 per share. The Q4 results surpassed Wall Street expectations, which forecast losses of . river spirit casino hotel usa online casino free bonus no deposit 77 per share. As a result of the better-than-expected report, Caesars shares on the Nasdaq were up more than eight percent in afternoon trading oliberty slots sign up bonusn Friday.

Las Vegas ‘Flipped a Switch’Caesars Entertainment CEO Tom Reeg expressed plenty of optimism during the company’s investor call. The casino exec said hotel bookings in Las Vegas are at their highest levels since the Strip was allowed to reopen last June. It’s almost like a switch was flipped sometime in late January or early February. Our bookings are up 20 percent on a month-over-month basis,” Reeg revealed. The Caesars’ boss said the booking window has been extended. Reeg explained that much of the firm’s 2020 bookings were for impulse trips. He says now about half of the bookings are for trips that are at least 30 days out. Reeg also disclosed that last weekend, a non-holiday with no noteworthy events, Caesars experienced a 95 percent occupancy rate at its Las Vegas resorts. “The demand that is