Company: CZR
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001590895-25-000130
Chunk: 100

Company: Caesars Entertainment, Inc.
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 8
Chunk 100
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ors (subject to certain exceptions). The CEI Senior Notes due 2029 and the CEI Senior Notes due 2032 are guaranteed on a senior unsecured basis by such subsidiaries. The CVA Revolving Credit Facility and the CVA Delayed Draw Term Loan are secured by substantially all material assets of Caesars Virginia, LLC and any newly formed wholly-owned subsidiary of Caesars Virginia, LLC. CEI does not provide a guarantee of these facilities.

Note 7. Revenue Recognition

The Company’s Statements of Operations present net revenue disaggregated by type or nature of the good or service. A summary of net revenues disaggregated by type of revenue and reportable segment is presented below. Refer to Note 12 for additional information on the Company’s reportable segments.

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CAESARS ENTERTAINMENT, INC.NOTES TO CONSOLIDATED CONDENSED FINANCIAL STATEMENTS (CONTINUED)(UNAUDITED)

Three Months Ended September 30, 2025(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotalCasino$260 $1,084 $300 $— $(2)$1,642 Food and beverage270 166 — — — 436 Hotel290 195 — — — 485 Other132 91 11 73 (1)306 Net revenues$952 $1,536 $311 $73 $(3)$2,869 Three Months Ended September 30, 2024(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotalCasino$294 $1,024 $282 $— $(1)$1,599 Food and beverage283 155 — — — 438 Hotel330 185 — — — 515 Other155 82 21 68 (4)322 Net revenues$1,062 $1,446 $303 $68 $(5)$2,874 Nine Months Ended September 30, 2025(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotalCasino$795 $3,159 $955 $— $(5)$4,904 Food and beverage834 465 — — — 1,299 Hotel979 497 — — — 1,476