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August 25, 1994|From Times Staff and Wire Reports

Gamblers Win a Round at Caesars World: The Los Angeles-based casino company said its net income tumbled 34% in the most recent quarter because some high-rolling gamblers walked off with $18 million in winnings in June. It said earnings for the fiscal quarter that ended July 31 were $16.9 million, or 69 cents a share, and revenue was $251.4 million, off 4%. The company blamed customers' luck at the craps, blackjack and baccarat tables at Caesars Las Vegas. For the year, earnings declined 5.8% to $78.4 million, or $3.19 a share, while revenue rose 3.3% to $1.02 billion.

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