Caesars Entertainment, Inc. (CZR) Form 10-Q — Oct 27, 2026
Caesars Entertainment reported Q3 2026 net revenues of $2.94 billion, up 2.5% year over year, but its net loss widened to $123 million ($0.61 per share) from $55 million a year ago. Growth came from Regional casinos (boosted by consolidating Caesars Windsor) and Caesars Digital, whose Adjusted EBITDA jumped 57% to $44 million on iGaming strength. Las Vegas remained the weak spot, with segment Adjusted EBITDA down 9.5% on fewer conventions and softer leisure visitation. The company's pending merger with Fertitta Gaming — $31.00 per share in cash plus a ticking fee after June 26, 2027 — was approved by stockholders in September 2026 and awaits regulatory approvals.
Key figures
- Revenue
- 2940000000
- Revenue Yoy
- 2.5%
- Total Assets
- 31371000000
- Cash Position
- 864000000
- Net loss 9m
- 231000000
- Ticking fee
- $0.007150 per day after June 26, 2027
- Shares outstanding
- 203807108
- Adjusted ebitda yoy
- -2.2%
- Las vegas ebitda q3
- 343000000
- Regional revenue q3
- 1627000000
- Stockholders equity
- 3446000000
- Las vegas ebitda yoy
- -9.5%
- Merger price per share
- $31.00
- Adjusted ebitda q3 2026
- 865000000
- Termination fee company
- $200 million
- Vegas revolver capacity
- $2.25 billion
- Digital adjusted ebitda q3
- 44000000
- Merger transaction costs q3
- 12000000
- Reverse termination fee fertitta
- $450 million
AI analysis
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