Caesars Race & Sportsbook to open at The Resort at Summerlin
The opening event will include a ribbon-cutting ceremony and a ceremonial first bet.
US.- Caesars Entertainment will celebrate the opening of Caesars Race & Sportsbook at The Resort at Summerlin in Las Vegas on March 3. The opening event will include a ribbon-cutting ceremony and a ceremonial first bet.
In attendance at the event will be former Vegas Golden Knights defenseman Deryk Engelland, Eric Hession, president of Caesars Digital, and Michelle McHugh, vice president and general manager of The Resort at Summerlin. The opening day will also feature a VGK Watch Party for the Golden Knights game with giveaways and promotional offers.
Caesars Race & Sportsbook at The Resort at Summerlin spans nearly 6,000 square feet and is located just off the main casino floor. It has 20 self-service kiosks located throughout the casino, a 55-foot LED screen, and 80 additional HD televisions throughout the venue.
Caesars Entertainment revenue increases in Q4
Caesars Entertainment recently reported that Q4 net revenue totalled $2.9bn, compared to $2.8bn for the prior-year period. The company reported a net loss of $250m compared to a net income of $11m for Q4 2024, primarily due to gains on asset sales in the prior year period.
Adjusted EBITDA was $901m compared to $882m. Caesars Digital’s adjusted EBITDA was $85m, up from $20m.
