Company: CZR
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001590895-25-000126
Chunk: 46

Company: Caesars Entertainment, Inc.
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 1
Chunk 46
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 periods indicated, certain operating data for the Company’s four reportable segments, in addition to Corporate and Other:Three Months Ended June 30,Six Months Ended June 30,(In millions)2025202420252024Las Vegas:Net revenues$1,054 $1,101 $2,057 $2,129 Adjusted EBITDA469 514 902 954 Regional:Net revenues1,435 1,385 2,823 2,750 Adjusted EBITDA439 469 879 902 Caesars Digital:Net revenues343 276 678 558 Adjusted EBITDA80 40 123 45 Managed and Branded:Net revenues74 70 141 138 Adjusted EBITDA17 17 33 35 Corporate and Other:Net revenues1 (2)2 (3)Adjusted EBITDA(50)(40)(98)(83)Disaggregation of Certain Significant Expenses by SegmentThree Months Ended June 30, 2025(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotalNet revenues$1,054 $1,435 $343 $74 $1 $2,907 Gaming taxes(32)(320)(80)— — Labor expense(313)(309)— — — Other segment expenses (a)(240)(367)(183)(57)(51)Adjusted EBITDA$469 $439 $80 $17 $(50)$955 Three Months Ended June 30, 2024(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotalNet revenues$1,101 $1,385 $276 $70 $(2)$2,830 Gaming taxes(34)(300)(70)— — Labor expense(299)(280)— — — Other segment expenses (a)(254)(336)(166)(53)(38)Adjusted EBITDA$514 $469 $40 $17 $(40)$1,000 

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

Six Months Ended June 30, 2025(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotalNet revenues$2,