---
schema_version: "secwatch.filing_event.v1"
accession: "0001590895-23-000120"
form_type: "8-K"
ticker: "CZR"
cik: "0001590895"
company_name: "Caesars Entertainment, Inc."
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T04:42:54.245682+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Caesars Q3 revenue $3.0B, net income $74M; Adj. EBITDA record $1.04B

## Summary
- GAAP net revenues of $3.0B, up 3.7% YoY; GAAP net income $74M vs $52M in prior year.
- Consolidated Adjusted EBITDA $1.04B, all-time quarterly record, up 3.1% YoY.
- Caesars Digital turned positive: Adj. EBITDA $2M vs -$38M YoY; Regional segment posted record quarterly Adj. EBITDA.
- Total debt $12.5B, cash $841M; net debt reduced to $11.6B; net leverage 3.9x.
- Year-to-date debt reduction over $600M, including repayment of $250M Baltimore Term Loan.

## SEC filing metadata
- accession: 0001590895-23-000120
- form_type: 8-K
- ticker: CZR
- cik: 0001590895
- company_name: Caesars Entertainment, Inc.
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590895/000159089523000120/0001590895-23-000120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590895/000159089523000120/czr-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001590895-23-000120
- JSON: https://secwatch.observer/filing/0001590895-23-000120.json
- Plain text: https://secwatch.observer/filing/0001590895-23-000120.txt

## Key facts
- Earnings Releases
  Caesars Entertainment, Inc. reported financial results for the third quarter ended September 30, 2023.
  - Period: the third quarter ended September 30, 2023
  - 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 October 31, 2023 , reporting the Registrant’s financial results for the quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590895/000159089523000120/0001590895-23-000120-index.htm

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