Caesars Q4 net loss narrows to $72M; full-year net income $786M; Digital EBITDA turns positive

Caesars Entertainment, Inc.

2023-FY EPS reported $3.64 revenue$11,528,000,000

GAAP net revenues $2.83B, flat YoY; same-store Adjusted EBITDA $930M vs $949M prior year.
Caesars Digital Q4 revenue $304M (+28% YoY); Adjusted EBITDA $29M vs $(5M) prior year.
Full-year net income $786M vs loss $899M prior year; Digital EBITDA improved >$700M.
Total debt $12.4B; closed $4.4B refinancing, extending nearest maturity to July 2027.
Las Vegas same-store EBITDA $489M vs $529M; Regional $431M vs $443M prior year.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Caesars Entertainment, Inc. reported financial results for the quarter and year ended December 31, 2023.

Period: the quarter and year ended December 31, 2023
Result: reported results

Exact text from the filing

Attached and incorporated herein by reference as Exhibit 99.1 is a copy of the press release of the Registrant, dated February 20, 2024 , reporting the Registrant’s financial results for the quarter and year ended December 31, 2023.

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Source: SEC EDGAR

accession 0001590895-24-000050

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