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Caesars Entertainment CEO steps down

George Miller
November 5, 2018
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Caesars Entertainment CEO steps downReading Time: 1 minute

 

Mark Frissora, the CEO of Caesars Entertainment, has decided to step down after leading the company for three years. He would stay in the position till February 2019. The company has not announced any immediate replacement.

Frissora, who assumed the current role in February 2015, had served as CEO of car rental company Hertz and auto parts manufacturer Tenneco prior to that.

Meanwhile, Caesars published its third-quarter earnings. The company reported earnings of 14 cents per share. The company performed slightly below revenue expectations, reporting $2.19 billion in revenue compared to the $2.21 billion analysts expected.

Under Frissora, Caesars shares fell more than 20 per cent. The company successfully emerged from bankruptcy last year after a restructuring process.


Source: Latest News on European Gaming Media Network

George Miller

George Miller

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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At the heart of the ever-evolving gaming and technology sectors lies EEGaming.org, a premier B2B platform and the definitive Intelligence Hub for industry leaders. As a flagship publication of HIPTHER, we bridge the gap between regional heritage and global innovation, redefining how the industry connects, informs, and inspires.

Expertise & Evolution – More Than Just News

Reaching a vast network of decision-makers, EEGaming.org goes beyond the headlines to deliver high-stakes intelligence and strategic foresight. From the intricacies of European regulations to the rapid evolution of global tech, we provide comprehensive coverage across the verticals that drive the industry:

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