Company: CZR
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001590895-25-000130
Chunk: 112

Company: Caesars Entertainment, Inc.
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 8
Chunk 112
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 1,281 1,426 Regional:Net revenues1,536 1,446 4,359 4,196 Adjusted EBITDA506 498 1,385 1,400 Caesars Digital:Net revenues311 303 989 861 Adjusted EBITDA28 52 151 97 Managed and Branded:Net revenues73 68 214 206 Adjusted EBITDA18 19 51 54 Corporate and Other:Net revenues(3)(5)(1)(8)Adjusted EBITDA(47)(40)(145)(123)Disaggregation of Certain Significant Expenses by SegmentThree Months Ended September 30, 2025(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotalNet revenues$952 $1,536 $311 $73 $(3)$2,869 Gaming taxes(29)(322)(88)— — Labor expense(298)(321)— — — Other segment expenses (a)(246)(387)(195)(55)(44)Adjusted EBITDA$379 $506 $28 $18 $(47)$884 Three Months Ended September 30, 2024(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotalNet revenues$1,062 $1,446 $303 $68 $(5)$2,874 Gaming taxes(32)(298)(74)— — Labor expense(293)(287)— — — Other segment expenses (a)(265)(363)(177)(49)(35)Adjusted EBITDA$472 $498 $52 $19 $(40)$1,001 

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

Nine Months Ended September 30, 2025(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotalNet revenues$3,009 $4,359 $989 $214 $(1)$8,570 Gaming taxes(91)(943)(254)— — Labor expense(912)(930)— — — Other segment expenses (a)(725)(1,101)(584)(163)(144)Adjusted EBITDA$1,281 $