Thank you, Joyce.
CEO during company accomplished that has their that I company to stability in discipline particularly read the transition. the we've February entire about transform team afternoon, press very to on and focused Caesars be to and management plan grateful operating your our X. the leaving future. together we on the team optimistic since period. accomplished announced this of serve the to what given this been during as I'm and It's all maintaining that efforts very of honor XXXX, I will of remain an most for release proud As our company's
items, year-over-year was now billion, So turn performance up we a our to for the We very City. Outside performance realized primarily the despite excluding Atlantic XX.X% nearly comparison. competition reported enterprise-wide very and an Atlantic prior Atlantic and X.X% of portfolio, increase other of a increase strong adjusted we'll year City. our regional across $X.X this increased versus our due Vegas, the and the unfavorable XXXX, consideration, from quarter Taking Note items credit expectations headwinds which into despite also benefited these results. including diversified The strong from our debt a and we X.X% pleased to operating challenging quarter Las Las of in U.S. properties, revenues that Vegas City hold QX had in revenue Centaur and in acquisition a are we EBITDAR very in had third this and expense favorable bad quarter. with we quarter. increase
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plan balanced to multiple a Moving debt, and growth to maintenance our activities creating by After pursue cash using same-store and development value. cash projects, we we remaining accretive interest, and which have pursue allocation have and capital utilize rent, Slide shares. new flow disciplined we to for we approach shareholder capital repurchase XX, reduce M&A, free are to avenues
we reduce our gross neutral are synergies. We lease balance the any deployment. anticipate and our target important provide or be committed leverage opportunistic price We deploying X.XXx our remain to deleveraging and dry are Debt will the that we continue undervalued to per million million authorized this Importantly, acquisitions derisk leverage $X.XX for $XXX program attractive, yield to share better of under our even suggest financial at if time will uplift, of repurchase them as to think we under believe XXXX. end priority the the an be sheet powder value shares there make are worth may by undervalued adjusted gross to we current to will are alternatives. X.Xx $XX of That shares our authorization. paydown able but is they and remaining is $XXX what post our consensus which
EBITDAR capital Thus, varying conditions growth we be will to as evaluation. We flow and dynamically sustainable dollars those through cash focused allocation multiple of are well to responsive in priorities about economic value generating ship on market our and incremental per multiple free as share expansion.
we'll an we're efficient the value. aspirations and tool are our to focused more be we now disposal source to We'll increase trading us accretive updated on Eric expansion keep Sale-leaseback debt the detail. call in financial context value you capital and evaluate our to the shareholders. results deal, They be all Centaur as for strategy. saw opportunities multiple most opportunities Given finance our and I'll with available value disciplined currently of turn can our over can another create review the drive and are in reduction to for other creation long-term to you the our to at on used sale-leasebacks of seeing, continue M&A opportunities. to and
