Caesars Q4 revenue $2.80B (-1% YoY); net income $11M vs loss $72M; FY net loss $278M

Caesars Entertainment, Inc.

2024-FY EPS reported -$1.29 revenue$11,245,000,000

Q4 same-store Adj EBITDA $882M vs $924M YoY; Las Vegas segment $481M, Regional $410M, Digital $20M.
Full-year GAAP net loss $278M on $11.2B revenue, impacted by $940M prior-year tax benefit reversal.
Digital segment FY Adj EBITDA $117M (+208% YoY) on iGaming net revenue growth >60%.
Repurchased $50M common stock in Q4; debt reduced $500M with WSOP/Promenade sale proceeds.
2025 capex forecast $600M; CFO expects significant FCF from lower interest expense and capex.

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