Company: CZR
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001590895-25-000068
Chunk: 619

Company: Caesars Entertainment, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1A
Chunk 619
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 $11,186 Other (a)(207)— — — (207)Balance as of December 31, 20246,682 3,093 1,204 — 10,979 Accumulated Impairment:Balance as of January 1, 2024— (196)— — (196)Impairment— (182)— — (182)Balance as of December 31, 2024— (378)— — (378)Net carrying value, as of December 31, 2024 (b)$6,682 $2,715 $1,204 $— $10,601 ____________________(a)Sale of the LINQ Promenade; see Note 3.(b)$1.0 billion of goodwill within the Regional segment and $462 million within the Las Vegas segment is associated with reporting units with zero or negative carrying value.Changes in Carrying Amount of Intangible Assets Other than Goodwill AmortizingNon-AmortizingTotal(In millions)202420232024202320242023Balance as of January 1$946 $1,060 $3,577 $3,654 $4,523 $4,714 Impairment— — (120)(81)(120)(81)Amortization expense(135)(144)— — (135)(144)Acquisition of developed technology21 — — — 21 — Acquisition of gaming rights and customer relationships26 30 — 4 26 34 Other (a)(2)— (180)— (182)— Balance as of December 31$856 $946 $3,277 $3,577 $4,133 $4,523 ____________________(a)Includes sale of the WSOP trademark, see Note 3.

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

Gross Carrying Amount and Accumulated Amortization of Intangible Assets Other Than GoodwillDecember 31, 2024December 31, 2023(Dollars in millions)Useful LifeGross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying AmountAmortizing intangible assets