---
schema_version: "secwatch.filing_event.v1"
accession: "0001590895-25-000129"
form_type: "8-K"
ticker: "CZR"
cik: "0001590895"
company_name: "Caesars Entertainment, Inc."
filed_at: "2025-10-28T23:59:59+00:00"
generated_at: "2026-05-17T01:55:59.790261+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Caesars Q3 net loss widens to $55M; same-store EBITDA falls 11% to $884M

## Summary
- GAAP net revenues flat at $2.9B; same-store Adjusted EBITDA down 11.2% to $884M from $996M.
- Las Vegas net revenues fell 9.8% to $952M; segment EBITDA dropped 18.8% to $379M.
- Caesars Digital EBITDA halved to $28M (vs $52M) due to low sports hold, despite revenue growth.
- Regional revenues up 6.2% to $1.54B, EBITDA up 1.6% to $506M on capital project returns.
- Repurchased 3.9M shares for $100M in Q3; total $391M since mid-2024; also redeemed $546M of 8.125% notes.

## SEC filing metadata
- accession: 0001590895-25-000129
- form_type: 8-K
- ticker: CZR
- cik: 0001590895
- company_name: Caesars Entertainment, Inc.
- filed_at: 2025-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590895/000159089525000129/0001590895-25-000129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590895/000159089525000129/czr-20251028.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001590895-25-000129
- JSON: https://secwatch.observer/filing/0001590895-25-000129.json
- Plain text: https://secwatch.observer/filing/0001590895-25-000129.txt

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