Caesars Entertainment lost $908.1m in the third quarter despite a six per cent increase in revenue.
The financial results were somewhat overshadowed as Caesars said it was continuing formal negotiations with lenders and creditors aimed at reducing the company's debt.
In the quarter that ended September 30, Caesars said its debt was $22.8bn, down from $24.2bn at the end of June. The company has been in private talks with banks and lenders since September with the hope of restructuring a portion of the debt believed to be around $18.3bn.
