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Actionable news in CZR: Caesars Entertainment Corporation,

How Will Caesars Entertainment (CZR) Stock React to Q2 Loss?

NEW YORK (TheStreet) -- Caesars Entertainment (CZR) reported a net income loss due to bankruptcy issues in its 2016 second quarter financial results following Tuesday's closing bell.

The Las Vegas-based casino operator posted a loss of $14.25 per share for the period.

Net revenue increased 7.8% year-over-year to $1.23 billion in the quarter, primarily due to strength in the company's social and mobile games business and growth in Las Vegas hospitality revenues.

Last year, the company reported earnings of 10 cents per diluted share on revenue of $1.14 billion.

On...


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