---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-009672"
form_type: "8-K"
ticker: "CZR"
cik: "0001590895"
company_name: "Caesars Entertainment, Inc."
filed_at: "2024-01-18T23:59:59+00:00"
generated_at: "2026-06-06T21:56:15.061847+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Caesars preliminary Q4 net loss up to $157M; launches $3.4B tender offer for 2025 notes

## Summary
- Preliminary Q4 net revenues $2.815-2.835B; net loss $157M-$4M; Adjusted EBITDA $920-940M vs adj. $949M prior year.
- Las Vegas occupancy 97.9%, but construction disruption reduced room nights by 65,000; table game hold fell to 21%.
- Caesars Digital net revs $303-305M; sports betting handle $3.87-3.88B; low hold in Nov hurt net revs by ~$44M.
- Commenced cash tender offer for any and all $3.399B of 6.250% Senior Secured Notes due 2025; new $2B term loan to repay 2025 maturities.
- If <90% tendered, intends to satisfy and discharge indenture and redeem at par on July 1, 2024.

## SEC filing metadata
- accession: 0001193125-24-009672
- form_type: 8-K
- ticker: CZR
- cik: 0001590895
- company_name: Caesars Entertainment, Inc.
- filed_at: 2024-01-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590895/000119312524009672/0001193125-24-009672-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590895/000119312524009672/d732968d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-009672
- JSON: https://secwatch.observer/filing/0001193125-24-009672.json
- Plain text: https://secwatch.observer/filing/0001193125-24-009672.txt

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