New Caesars CEO Mark Frissora

Caesars Entertainment reported second quarter earnings earlier this week. By all accounts it was a good quarter. The stock was up 9.7% the day after the earnings release, and another 10.6% the next day.

Revenue increased 17.4% year-over-year "mainly due to strong performance at Caesars Interactive Entertainment ("CIE"), the openings of Horseshoe Baltimore and The Cromwell, the renovation of The LINQ Hotel & Casino and continued growth in hospitality amenities in Las Vegas."

Those numbers don't include the bankrupt subsidiary CEOC - so it's hard to have a direct year over year comparison, but strong Las Vegas results seem to go along with recent trends reported by the other gaming companies.

The general fate of Caesars Entertainment seems to hinge on whether the parent company will be able to avoid bankruptcy by negotiating with creditors. Forbes had an article today breaking down those possibilities.

Mark Frissora is the new President and CEO of Caesars Entertainment. He spoke to investors for the first time on the second quarter earnings conference call. I was looking forward to hearing what Frissora had to say, but he pretty much stuck to the script and didn't provide much commentary outside of the official company statements.