Caesars reports $66.7 million of income from operations for November

By Caroline Salls

Pittsburgh, Jan. 6 – Caesars Entertainment Operating Co., Inc. reported $66.7 million of income from operations for November on $309.4 million in net revenue, according to its monthly operating report filed Wednesday with the Securities and Exchange Commission.

In comparison, Caesars posted $54 million of income from operations for October on $321.7 million in net revenue.

Net income for November was $30.2 million, improving from net income of $23.6 million for October.

The company had $1,301,800,000 in cash and cash equivalents as of Nov. 30, up from $1,283,100,000 at the end of October.

Caesars is a Las Vegas-based casino-entertainment company that filed for bankruptcy on Jan. 15, 2015 in the U.S. Bankruptcy Court for the Northern District of Illinois. The Chapter 11 case number is 15-01145.

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