Caesars Entertainment reported results for the quarter ended 2026 with consolidated net revenues of $2.99B, a modest 3% increase versus the prior-year quarter, and a diluted loss per share of ($0.3). The company narrowed its net loss to ($62M) from ($82M) a year earlier, driven by stronger casino results including digital channels.

Financial Highlights

MetricCurrent quarterPrior year quarterYoY changeRevenue¹$2.99B$2.91B3%Net income²($62M)($82M)24.4%Diluted EPS³($0.3)($0.39)23.1%

¹ Reported as “Net revenues”. ² Reported as “Net loss attributable to Caesars”. ³ Reported as “Diluted loss per share”.

Business Highlights

  • Revenue growth of about 3% was driven mainly by higher casino revenues, with notable gains in iGaming and sports betting.
  • Caesars Digital expanded activity with higher iGaming handle and sports betting, increased promotional spend and mobile launches (including Alberta in July 2026).
  • Strategic moves strengthened the footprint: consolidation of Caesars Windsor (March 3, 2026) and acquisition of the remaining stake in Grand Bazaar.
  • Regional operations delivered double‑digit net revenue growth and higher Adjusted EBITDA, while Las Vegas saw softer visitation and lower table game hold.
  • Ongoing investments continued in property renovations and the Caesars Digital platform, with targeted maintenance and renovation capex planned through 2026.

Original SEC Filing:

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