Caesars Entertainment Inc

For the period ended Mar 31, 2024. Filed Apr 30, 2024.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed Apr 30, 2024

CZR$29.30+0.1%Stored close · as of Nov 10, 2026

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Contents

Consolidated Condensed Statements of Operations

	Three Months Ended March 31,
(In millions, except per share data)	2024	2023
NET REVENUES:
Casino	$1,535	$1,585
Food and beverage	422	427
Hotel	493	503
Other	292	315
Net revenues	2,742	2,830
OPERATING EXPENSES:
Casino	852	828
Food and beverage	263	251
Hotel	137	137
Other	94	107
General and administrative	500	509
Corporate	78	79
Depreciation and amortization	327	300
Transaction and other costs, net	6	16
Total operating expenses	2,257	2,227
Operating income	485	603
OTHER EXPENSE:
Interest expense, net	(590)	(594)
Loss on extinguishment of debt	(48)	(197)
Other income	26	3
Total other expense	(612)	(788)
Loss from continuing operations before income taxes	(127)	(185)
Benefit (provision) for income taxes	(15)	49
Loss from continuing operations, net of income taxes	(142)	(136)
Net loss	(142)	(136)
Net income attributable to noncontrolling interests	(16)	—
Net loss attributable to Caesars	$(158)	$(136)
Net loss per share - basic and diluted:
Basic loss per share	$(0.73)	$(0.63)
Diluted loss per share	$(0.73)	$(0.63)
Weighted average basic shares outstanding	216	215
Weighted average diluted shares outstanding	216	215

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