---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-012673"
form_type: "8-K"
ticker: "CZR"
cik: "0001590895"
company_name: "Caesars Entertainment, Inc."
filed_at: "2023-01-23T23:59:59+00:00"
generated_at: "2026-06-20T11:47:28.978194+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Caesars Entertainment proposes $1.25B senior secured notes; reports preliminary Q4 2022 results

## Summary
- Preliminary Q4 2022 net revenues expected $2.811B-$2.831B; net loss range ($257M)-($129M) vs adjusted net loss $443M in Q4 2021.
- Adjusted EBITDA estimate $947M-$967M, up from $581M in Q4 2021.
- Las Vegas segment occupancy 95.5% in Q4 2022 vs 95.1% in Q4 2019.
- Proceeds from notes and new $1.75B Term B Loan to repay ~$3.415B CRC Term Loan.
- Caesars Digital 2022 net revenues $547M-$549M; sports betting handle $12.75B-$12.85B, hold 5.3%-5.5%.

## SEC filing metadata
- accession: 0001193125-23-012673
- form_type: 8-K
- ticker: CZR
- cik: 0001590895
- company_name: Caesars Entertainment, Inc.
- filed_at: 2023-01-23T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590895/000119312523012673/0001193125-23-012673-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590895/000119312523012673/d448262d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-012673
- JSON: https://secwatch.observer/filing/0001193125-23-012673.json
- Plain text: https://secwatch.observer/filing/0001193125-23-012673.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.