Highest-materiality recent filing
Caesars Q2 net loss narrows to $62M; revenue up 3% to $3.0B; pending Fertitta acquisition
GAAP net loss of $62M vs. $82M loss in Q2 2025; revenue $3.0B (+3% YoY).
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.
Caesars Q4 net loss narrows to $72M; full-year net income $786M; Digital EBITDA turns positive
GAAP net revenues $2.83B, flat YoY; same-store Adjusted EBITDA $930M vs $949M prior year.
Caesars issues $1.5B 6.5% notes and $2.9B term loan; refinances ~$3.4B of 2025 notes
Issued $1.5B 6.500% Senior Secured Notes due 2032; interest semi-annual, redeemable from 2027 at 103.25%.
Caesars closes tender offers for 2025 notes; 95.8% and 87.7% tendered
CRC's 5.750% notes due 2025: $947.6M (95.81%) of $989.1M outstanding tendered; consideration $1,001.83/$1,000.
Caesars prices two tender offers for $4.39B of senior secured notes due 2025
Tender offer for $3.399B of 6.250% notes priced at $1,003.79 per $1,000 principal; extension to Jan 31, 2024.
Caesars extends CEO Reeg and exec team contracts through Jan 2027; grants RSUs
CEO Tom Reeg and five other execs extended employment term to Jan 1, 2027, with auto one-year renewals.
Caesars launches tender for $989M 5.75% notes due 2025; prices $1.5B of 6.5% notes due 2032
Tender offer for any and all $989M of 5.750% Senior Secured Notes due 2025; expires Jan 31, 2024.
Caesars Entertainment announces $1.5B senior secured notes offering due 2032
Offering $1.5B aggregate principal of senior secured notes maturing 2032 in private placement.
Caesars preliminary Q4 net loss up to $157M; launches $3.4B tender offer for 2025 notes
Preliminary Q4 net revenues $2.815-2.835B; net loss $157M-$4M; Adjusted EBITDA $920-940M vs adj. $949M prior year.
Caesars Q3 revenue $3.0B, net income $74M; Adj. EBITDA record $1.04B
GAAP net revenues of $3.0B, up 3.7% YoY; GAAP net income $74M vs $52M in prior year.
Caesars discloses cyberattack on IT vendor; loyalty data with SSNs and DL numbers accessed
Social engineering attack on outsourced IT support vendor accessed loyalty database including driver's license numbers and SSNs for many members.
Caesars Q2 net income $920M on $940M tax benefit; Digital reaches positive EBITDA
GAAP net income of $920M vs loss of $123M YoY, driven by $940M deferred tax asset valuation allowance release.
Caesars Q1 revenue $2.8B; Las Vegas EBITDA record $533M; digital loss narrows to $4M
GAAP net revenues $2.8B (+23.7% YoY); net loss of $136M vs $680M loss in prior year.
Caesars Q4 net loss narrows to $148M; revenue up 9% to $2.8B; digital EBITDA improves sharply
Q4 GAAP net revenues $2.8B vs $2.6B YoY; net loss $148M vs $434M loss.
Caesars prices $2.5B new senior secured term loan, up from $1.75B, to repay near-term debt
New Term B Loan increased to $2.5B aggregate principal; issued at 99% of par.
Caesars prices $2.0B 7.00% senior secured notes due 2030, up from $1.25B
Increased offering to $2.0B from previously announced $1.25B; 7.00% interest, maturity 2030, issue price 100%.
Caesars Entertainment proposes $1.25B senior secured notes; reports preliminary Q4 2022 results
Preliminary Q4 2022 net revenues expected $2.811B-$2.831B; net loss range ($257M)-($129M) vs adjusted net loss $443M in Q4 2021.
Caesars Q3 2022 revenue $2.9B, net income $52M; record Adjusted EBITDA $1.0B
GAAP net revenues $2.9B vs $2.7B YoY; net income $52M vs loss of $233M.
Caesars enters $750M Term A Loan, ups revolver to $2.25B, extends maturities to 2028
Incurred $750M senior secured Term A Loan maturing January 2028; quarterly amortization of 1.25% of original principal.
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.
On July 15, 2022, Sandra Douglass Morgan informed the Executive Chairman of the Board of Directors (the “Board”) of Caesars Entertainment, Inc., a Delaware corporation (the “Company”), that she is resigning from the Board effective immediately.
The Company also entered into a new executive employment agreement with each of the following executives: Name Position Stephanie Lepori Chief Administrative and Accounting Officer Josh Jones Chief Marketing Officer
The Company also entered into a new executive employment agreement with each of the following executives: Name Position Stephanie Lepori Chief Administrative and Accounting Officer Josh Jones Chief Marketing Officer
On October 22, 2021, Caesars Entertainment, Inc., a Delaware corporation (the “Company”), announced the appointment of Sandra Douglass Morgan to its Board of Directors (the “Board”), effective November 7, 2021.
Max materiality 1.00 · Median 0.65 · Most common event earnings