It could have been a record year for Caesars Entertainment. In January and February, 2020, revenues were better than they had ever been before. But as CEO Tony Rodio revealed in a April 6 Youtube company update, COVID-19 brought all of that to a sudden halt.
In the video, which Rodio produced from his home in Las Vegas, Rodio noted that while “February seems like ancient history, but I did want to take a moment to let everybody know that the company was off to the best start, and maybe through its history, through the first two months of 2020.”
In his address, where he acknowledges U.S. President Donald Trump’s extension of quarantine recommendations to April 30, Rodio commends Caesars staff, and the efforts of frontliners to combat COVID-19. But more than anything, he wanted to make clear that when things return to normal, he’s confident the company will be able to “hit the ground running.”
But how fast they will be running is a different matter. “I think it will be a slow ramp, but I’m confident that our company will do as well as anybody in the industry,” he said.