Company: Caesars Entertainment Corporation
Family Name: Rodio
Given Name: Anthony
Role: Chief Executive Officer
Profile: With decades of experience in gaming industry, Rodio notably served from 2011 to 2018 as president and CEO of Tropicana Entertainment. He then moved on briefly to become the CEO of Affinity Gaming before his April 2019 selection to lead Caesars Entertainment, largely at the insistence of the top shareholder, Carl Icahn.
The strong performance of its Caesars Entertainments’ Las Vegas properties helped to boost its total revenue for the April-June 2019 period. Revenue rose 4.9% year-on-year, reaching US$2.22 billion.
In a crowded field of international IR operators hoping to obtain one of the three licenses available in Japan, Caesars Entertainment hopes that one of its key competitive advantages is its commitment to “the highest levels of integrity.”
US casino operator Caesars Entertainment delivered a solid quarter of revenue and EBITDAR growth in the first quarter of 2019, driven by strong contributions from its Las Vegas gaming business, the acquisition of Centaur, as well as operating and corporate efficiencies.
Caesars Entertainment has named Anthony Rodio as its new CEO to replace outgoing Mark Frissora, according multiple news reports in the United States.
Caesars Entertainment agreed last week to allow investor Carl Icahn to appoint three directors to its company board, indicating that a substantial change of policy direction is in the offing as Mark Frissora steps down at the end of April.