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Caesars World Inc.: The hotel, casino and...

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From Times Staff and Wire reports

Caesars World Inc.: The hotel, casino and leisure-activities company reported first-quarter profit of $14 million, down 20% from a year earlier. Revenue totaled $235.5 million, a gain of 4%. The Los Angeles firm attributed results to lower casino revenue in the sluggish New Jersey market, which more than offset record casino revenue at Caesars Palace in Las Vegas.

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