---
schema_version: "secwatch.filing_event.v1"
accession: "0001590895-25-000108"
form_type: "8-K"
ticker: "CZR"
cik: "0001590895"
company_name: "Caesars Entertainment, Inc."
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T03:49:34.238457+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Caesars Q1 2025: Adj. EBITDA +4% to $884M; Digital hits record; $100M share repurchase

## Summary
- GAAP net revenues $2.8B, up from $2.7B YoY; net loss improved to $115M from $158M.
- Same-store Adjusted EBITDA $884M (+4.1% YoY); Las Vegas $433M (-0.7%), Regional $440M (+1.6%).
- Caesars Digital Adjusted EBITDA surged to $43M from $5M, a Q1 record.
- Total debt $12.3B; cash and equivalents $884M; net debt $11.4B.
- Repurchased $100M of shares in April at avg $23.84; expects lower 2025 capex and cash interest.

## SEC filing metadata
- accession: 0001590895-25-000108
- form_type: 8-K
- ticker: CZR
- cik: 0001590895
- company_name: Caesars Entertainment, Inc.
- filed_at: 2025-04-29T23:59:59+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/1590895/000159089525000108/0001590895-25-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590895/000159089525000108/czr-20250429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001590895-25-000108
- JSON: https://secwatch.observer/filing/0001590895-25-000108.json
- Plain text: https://secwatch.observer/filing/0001590895-25-000108.txt

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