Caesars Entertainment felt the summer slowdown on the Strip, reporting a nearly 10 percent drop in Las Vegas revenue for the third quarter amid softer demand and weak table-game results.
The Reno-based gaming company, which operates eight casinos on Las Vegas Boulevard, generated $952 million in revenue in July, August and September, according to public filings with the U.S. Securities and Exchange Commission. Net income from Las Vegas for the quarter fell to $132 million, down more than 40 percent from $221 million a year earlier.
“We told you on the last (quarterly earnings) call that Vegas was going to be a soft summer . It was a soft summer,” Tom Reeg, Caesars Entertainment’s chief executive officer, said Tuesday during the company’s third-quarter earnings call. “Our (average daily r

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