Rapid growth in all sectors helps Caesars revenue rise 168.7% in 2021

| By Marese O'Hagan
Caesars has reported revenue of $9.57bn (£7.02bn/€8.43bn) for 2021, a rise of 168.7% from the operator’s total in 2020, with revenue from every division more than doubling.

Regional revenue made up $5.53bn of the total, an increase of 108.1%. Las Vegas revenue totalled $3.40bn, up by $2.65bn, while revenue from Caesars Digital rose $242m year-on-year to $337m, thanks mostly to the acquisition of William Hill and rebranding of its betting product.

Managed and branded revenue hit $278m, a rise of 159.8%, and corporate and other costs fell by $6m to $9m.

Caesars also included the pre-consolidation revenue for its Horseshoe Baltimore location and the pre-acquisition revenue in relation to its $2.9bn acquisition of William Hill US in April.

Read the full story on iGB North America

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