More on Caesars Entertainment (CZR): Q4 misses revenue projections as total sales declined by...


More on Caesars Entertainment (CZR): Q4 misses revenue projections as total sales declined by 4.3% Y/Y. Net losses widened as revenue was hit by impairment charges and the negative impact of superstorm Sandy. The company said the storm reduced its revenue by about $40M to $45M because its Atlantic City properties were closed for five days and its facility in Philadelphia was closed for two days. Earlier estimates had placed the hit between $30 to $35M. Shares -7.5% AH.

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