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Caesars Entertainment CEO Expects Rio To Reopen By The End Of The Year

The CEO of Caesars Entertainment expects the Rio to open by the end of the year.

The off-Strip property is the last of the company's Las Vegas properties to remain closed.

During an investor conference call Thursday, CEO Tom Reeg said revenue from the company's Las Vegas properties has been improving.

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He said properties will not close during the middle of week, which is the plan at other companies, and that a post-COVID-19 world will release a pent-up demand for Las Vegas gaming beyond anyone’s wildest dreams.