EARNINGS
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From Times Staff and Wire Reports
Caesars World Profit Leaps: Hotel-casino operator Caesars World Inc. said its annual profit jumped 33% to $66 million from $49.6 million, largely because of improved results at Caesars Atlantic City. Revenue rose to $928 million from $908 million. Fourth-quarter profit plunged 43%, however, because of costs associated with early retirement of debt. Earnings were $10.43 million, compared to $18.45 million in the year-ago quarter. Revenue was flat at $243.9 million.
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