Company: CZR
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001590895-25-000126
Chunk: 61

Company: Caesars Entertainment, Inc.
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 1
Chunk 61
---
 Regional segment recognized in the second quarter of 2024, with no comparable charges in the current year.

Slot win percentage in the Regional segment for the three and six months ended June 30, 2025 was within our typical range.

Caesars Digital Segment

Three Months Ended June 30,Percent ChangeSix Months Ended June 30,Percent Change(Dollars in millions)20252024Variance20252024VarianceNet revenues:Casino (a)$331 $246 $85 34.6 %$655 $512 $143 27.9 %Other12 30 (18)(60.0)%23 46 (23)(50.0)%Net revenues$343 $276 $67 24.3 %$678 $558 $120 21.5 %Sports betting handle (b)$2,493 $2,500 $(7)(0.3)%$5,621 $5,879 $(258)(4.4)%Sports betting hold %8.9 %7.2 %1.7 pts8.0 %6.9 %1.1 ptsiGaming handle$4,705 $3,537 $1,168 33.0 %$9,193 $7,035 $2,158 30.7 %iGaming hold %3.6 %3.3 %0.3 pts3.6 %3.3 %0.3 ptsAdjusted EBITDA$80 $40 $40 100.0 %$123 $45 $78 173.3 %Adjusted EBITDA margin23.3 %14.5 %8.8 pts18.1 %8.1 %10 ptsNet income (loss) attributable to Caesars$39 $4 $35 *$39 $(30)$69 *

____________________

*    Not meaningful.

(a)Includes total promotional and complimentary incentives related to sports betting, iGaming, and online poker of $72 million and $62 million for the three months ended June 30, 2025 and 2024, respectively, and $145 million and $148 million for the six months ended June 30, 2025 and 2024, respectively. Promotional and complimentary incentives for online poker were $5 million and $3