Caesars Says Las Vegas Weakness is a Normal Cycle -- Market Talk

Dow Jones02-18

1801 ET - Caesars Entertainment Chief Executive Tom Reeg says trouble in Las Vegas is nothing to worry about. "There's really no crisis happening in Vegas," he says. Sales in Caesars' Las Vegas business were down slightly, while its digital and regional segments had revenue increases. But Reeg says weakness is normal cyclicality that will play itself out over time. "I know that the pricing gets focused on social media. I'm sure if I say the wrong thing in the next 30 seconds, I'll read it on Bloomberg or in the Journal tomorrow," Reeg says. "But that's not really what's driving what's happening in Vegas. The center strip is holding up quite well." (katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

February 17, 2026 18:01 ET (23:01 GMT)

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