Highest-materiality recent filing
Caesars Entertainment to be acquired by Fertitta Gaming Holdco for $31/share plus ticking fee
Merger consideration of $31.00/share plus $0.007150/day ticking fee if closing after June 26, 2027.
Caesars Q1 revenue up 2.7% to $2.9B; net loss narrows; Digital EBITDA record $69M
GAAP net revenues $2.87B vs $2.79B YoY; net loss $98M vs $115M.
Caesars Q4 net loss $250M, Digital EBITDA record $85M; FY net loss $502M
Q4 GAAP net revenues $2.9B (+4.4% YoY); net loss $250M vs net income $11M in prior year due to $350M+ gains on asset sales in 2024.
Caesars Q3 net loss widens to $55M; same-store EBITDA falls 11% to $884M
GAAP net revenues flat at $2.9B; same-store Adjusted EBITDA down 11.2% to $884M from $996M.
Caesars Q2 2025: revenue up 2.9% to $2.9B, same-store EBITDA down 4.1% to $955M
GAAP net loss narrowed to $82M from $122M a year ago; Digital EBITDA doubled to $80M.
Caesars Q1 2025: Adj. EBITDA +4% to $884M; Digital hits record; $100M share repurchase
GAAP net revenues $2.8B, up from $2.7B YoY; net loss improved to $115M from $158M.
Caesars Entertainment appoints Icahn designees Lynn and Papapostolou to board, agrees to standstill
Jesse Lynn and Ted Papapostolou appointed to Caesars Board effective March 17, 2025.
Caesars Q4 revenue $2.80B (-1% YoY); net income $11M vs loss $72M; FY net loss $278M
Q4 same-store Adj EBITDA $882M vs $924M YoY; Las Vegas segment $481M, Regional $410M, Digital $20M.
Caesars reduces interest margins on ~$5.3B term loans via Fifth Amendment
New margin: 2.25% for Term SOFR loans, 1.25% for Base Rate loans on both Term B ($2.4B) and Term B-1 ($2.9B) facilities.
Caesars Q3 2024 net loss $9M; Digital EBITDA surges to $52M, but regional revenue falls 7.6%
GAAP net revenues $2.9B (-2.6% same-store YoY); GAAP net loss $9M vs income $74M.
Caesars issues $1.1B 6.000% Senior Notes due 2032, redeems $1.065B of 8.125% Notes
Issued $1.1B aggregate principal amount of 6.000% Senior Notes due 2032; interest payable semi-annually.
Caesars calls $1.065B of 8.125% notes due 2027 at 102.031%; refinancing with 6% notes due 2032
Conditional partial redemption of $1.065B principal; redemption price 102.031% plus accrued interest.
Caesars announces $1B senior notes offering, new $500M buyback, WSOP IP sale
Offering $1.0B senior notes due 2032 to redeem a portion of its 8.125% Senior Notes due 2027.
Caesars prices $1.1B 6.000% Senior Notes due 2032, upsized from $1B
Priced $1.1B aggregate principal of 6.000% Senior Notes due 2032 at 100% of par.
Caesars Q2 net loss $122M; same-store EBITDA flat at $1B; digital EBITDA record $40M
GAAP net revenues $2.8B, down 0.1% same-store; net loss $122M vs $915M net income (prior-year had $940M tax benefit).
Caesars reduces interest margin on $2.5B term B loan to SOFR+2.75%
Reduced margin on ~$2.5B term B loan to Term SOFR + 2.75% or Base Rate + 1.75%.
Caesars Q1 net loss widens to $158M; same-store EBITDA falls 10% as Las Vegas hold disappoints
GAAP net loss of $158M vs $136M loss prior year; revenue down 1.2% to $2.74B.
On October 21, 2024, Rodney Williams informed the Executive Chairman of the Board of Directors (the “Board”) of Caesars Entertainment, Inc., a Delaware corporation (the “Company”), that he is resigning from the Board effective immediately.
On June 28, 2024, the Board of Directors (the “Board”) of Caesars Entertainment, Inc. (the “Company”) increased the size of the Board from ten directors to eleven directors and subsequently elected Rodney Williams to fill the vacancy, effective July 1, 2024, subject to customary regulatory approvals and requirements pending licensure.
the Board of Directors (the “Board”) of Caesars Entertainment, Inc. (the “Company”) increased the size of the Board from nine directors to ten directors and subsequently elected Kim Harris Jones to fill the vacancy, subject to customary regulatory approvals and requirements pending licensure.
Max materiality 1.00 · Median 0.65 · Most common event earnings