Craig-Hallum Downgrades PLAYSTUDIOS to Hold

Caesars Entertainment reported quarterly losses of 34 cents per share which missed the analyst consensus estimate of 7 cents by 385.71%. The company reported quarterly sales of $2.83 billion, missing the analyst consensus estimate of $2.85 billion by 0.68% and representing a 0.32% increase over sales of $2.82 billion from the same period last year.