Eldorado and Caesars’ cost cutting is boosting profits at regional casinos as merger close nears
As Eldorado Resortsand Caesars Entertainment inch closer to merging with one another, tight controls on costs are helping to make the companies’ regional casinos more profitable.
In spite of state-mandated occupancy limits at its 14 reopened properties, Eldorado saw revenue decline only 21% year over year. But its earnings before interest, taxes, depreciation and amortization, a crucial…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.