Company: CZR
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001590895-25-000068
Chunk: 573

Company: Caesars Entertainment, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1A
Chunk 573
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ments totaling $270 million during the year ended December 31, 2024.

Slot win percentage in the Regional segment during the year ended December 31, 2024 was within our typical range. 

Table of Contents43

Caesars Digital Segment

Years Ended December 31,VariancePercent ChangeVariancePercent Change(Dollars in millions)2024202320222024 vs 20232023 vs 2022Net revenues:Casino (a)$1,085 $886 $462 $199 22.5 %$424 91.8 %Other78 87 86 (9)(10.3)%1 1.2 %Net revenues$1,163 $973 $548 $190 19.5 %$425 77.6 %Sports betting handle (b)$11,514 $12,089 $12,801 $(575)(4.8)%$(712)(5.6)%Sports betting hold %7.0 %6.3 %5.4 %0.7 pts0.9 ptsiGaming handle$14,920 $10,622 $8,073 $4,298 40.5 %$2,549 31.6 %iGaming hold %3.5 %3.1 %3.2 %0.4 pts(0.1) ptsAdjusted EBITDA$117 $38 $(666)$79 *$704 *Adjusted EBITDA margin10.1 %3.9 %(121.5)%6.2 pts*Net income (loss) attributable to Caesars$269 $(91)$(790)$360 *$699 88.5 %

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*    Not meaningful.

(a)Includes total promotional and complimentary incentives related to sports betting, iGaming, and poker of $283 million, $253 million and $542 million for the years ended December 31, 2024, 2023 and 2022, respectively. Promotional and complimentary incentives for poker were $13 million, $14 million and $21 million for the years ended December 31, 2024, 2023 and 2022, respectively.

(b)Caesars Digital generated an additional $979 million, $1.1 billion and $1.2 billion of sports