Fourth quarter net revenues increased 11.3%, or $214 million, from $1.90 billion to $2.12 billion, primarily due to inclusion of the results of Centaur Holdings, LLC («Centaur»), which was acquired during the third quarter, and an additional five days of results of CEOC, LLC («CEOC»), which emerged from bankruptcy on October 6, 2017. Enterprise wide fourth quarter adjusted EBITDAR increased 12.1%, or $61 million, from $506 million to $567 million. Enterprise wide fourth quarter adjusted EBITDAR margin increased 110 basis points to 26.8%.
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