---
schema_version: "secwatch.filing_event.v1"
accession: "0001590895-23-000069"
form_type: "8-K"
ticker: "CZR"
cik: "0001590895"
company_name: "Caesars Entertainment, Inc."
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T06:56:26.804587+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Caesars Q4 net loss narrows to $148M; revenue up 9% to $2.8B; digital EBITDA improves sharply

## Summary
- Q4 GAAP net revenues $2.8B vs $2.6B YoY; net loss $148M vs $434M loss.
- Same-store Adjusted EBITDA $957M vs $581M; Las Vegas and Regional segments set Q4 records.
- Caesars Digital segment Q4 Adjusted EBITDA -$5M vs -$305M YoY, a significant improvement.
- Full-year net revenues $10.8B; net loss $899M; same-store EBITDA $3.2B.
- Debt reduced by $1.2B in 2022; total debt $13.1B; leverage 4.4x; $7.5B of maturities extended.

## SEC filing metadata
- accession: 0001590895-23-000069
- form_type: 8-K
- ticker: CZR
- cik: 0001590895
- company_name: Caesars Entertainment, Inc.
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590895/000159089523000069/0001590895-23-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590895/000159089523000069/czr-20230221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001590895-23-000069
- JSON: https://secwatch.observer/filing/0001590895-23-000069.json
- Plain text: https://secwatch.observer/filing/0001590895-23-000069.txt

## Key facts
- Earnings Releases
  Caesars Entertainment, Inc. reported financial results for the quarter and year ended December 31, 2022.
  - Period: the quarter and year ended December 31, 2022
  - Result: reported results
  source text: Attached and incorporated herein by reference as Exhibit 99.1 is a copy of the press release of the Registrant, dated February 21, 2023 , reporting the Registrant’s financial results for the quarter and year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590895/000159089523000069/0001590895-23-000069-index.htm

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