Caesars Entertainment reported a reduced net loss for its 2022 financial year after growth within its digital business contributed to an increase in revenue.
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The operator posted year-on-year growth across all its operating segments, though it was the digital segment that experienced the largest percentual increase during the 12 months to December 31, 2022.
The full-year results were also helped by what chief executive Tom Reeg said was a “strong” performance in the fourth quarter, during which the operator benefited significantly from its sportsbook offering.
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