With the casino industry thriving in Las Vegas, and Macao resuming operations after COVID restrictions were lifted, casino stocks appear to be in store for some much-needed recovery. Today, we'll take a look at two players in the space and determine which makes a better buy based on recent performance.

Net revenue reached $2.8 billion for Caesars Entertainment (NASDAQ: CZR) last quarter, 9% higher than fourth-quarter 2021. Most impressively, same-store sales soared 65% higher as visitation on the Las Vegas Strip approaches pre-pandemic levels.

Still unprofitable, Caesars finished Q4 with a net loss of $148 million. But that was much improved from its prior-year loss of $434 million, indicating that a recovery is on the horizon. Furthermore, Las Vegas occupancy for Caesars last quarter reached 95.5% for the first time since the start of the pandemic. 

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Source Fool.com