secwatch.observer — SEC 8-K summary
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Issuer:     Caesars Entertainment, Inc. (CZR)
CIK:        0001590895
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0001590895-25-000065
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590895/000159089525000065/0001590895-25-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590895/000159089525000065/czr-20250225.htm
  HTML page:      https://secwatch.observer/filing/0001590895-25-000065

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer