Boston Herald - Boston Herald: Caesars' 2Q loss shrinks but still misses estimate

Boston Herald - Boston Herald

Caesars' 2Q loss shrinks but still misses estimate Jul 29th 2013, 22:35, by By Associated Press, Associated Press LAS VEGAS — Casino operator Caesars Entertainment Corp. posted a smaller loss for its fiscal second quarter on Monday, but results still missed expectations, as slots and tables drew fewer gamblers. Caesars runs more than 50 casinos, most of them in the U.S. and Britain. The company saw casino revenue decline by $116.8 million, or 7.5 percent. CEO Gary Loveman said food and beverage sales may ultimately replace those dollars.

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