Caesars Entertainment Inc
For the period ended Dec 31, 2024. Filed Feb 25, 2025.
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FY2024 · Filed Feb 25, 2025
CZR$29.28+0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Years Ended December 31, | |||
|---|---|---|---|
| (In millions, except per share data) | 2024 | 2023 | 2022 |
| NET REVENUES: | |||
| Casino | $6,267 | $6,367 | $5,997 |
| Food and beverage | 1,716 | 1,728 | 1,596 |
| Hotel | 2,016 | 2,090 | 1,957 |
| Other | 1,246 | 1,343 | 1,271 |
| Net revenues | 11,245 | 11,528 | 10,821 |
| OPERATING EXPENSES: | |||
| Casino | 3,370 | 3,342 | 3,526 |
| Food and beverage | 1,073 | 1,049 | 935 |
| Hotel | 580 | 570 | 529 |
| Other | 396 | 434 | 411 |
| General and administrative | 1,920 | 2,012 | 2,068 |
| Corporate | 307 | 306 | 286 |
| Impairment charges | 302 | 95 | 108 |
| Depreciation and amortization | 1,324 | 1,261 | 1,205 |
| Transaction and other costs, net | (331) | (13) | 14 |
| Total operating expenses | 8,941 | 9,056 | 9,082 |
| Operating income | 2,304 | 2,472 | 1,739 |
| OTHER EXPENSE: | |||
| Interest expense, net | (2,366) | (2,342) | (2,265) |
| Loss on extinguishment of debt | (89) | (200) | (85) |
| Other income | 27 | 10 | 46 |
| Total other expense | (2,428) | (2,532) | (2,304) |
| Loss from continuing operations before income taxes | (124) | (60) | (565) |
| Benefit (provision) for income taxes | (87) | 888 | 41 |
| Income (loss) from continuing operations, net of income taxes | (211) | 828 | (524) |
| Discontinued operations, net of income taxes | — | — | (386) |
| Net income (loss) | (211) | 828 | (910) |
| Net (income) loss attributable to noncontrolling interests | (67) | (42) | 11 |
| Net income (loss) attributable to Caesars | $(278) | $786 | $(899) |
| Net income (loss) per share - basic and diluted: | |||
| Basic income (loss) per share from continuing operations | $(1.29) | $3.65 | $(2.39) |
| Basic loss per share from discontinued operations | — | — | (1.80) |
| Basic income (loss) per share | $(1.29) | $3.65 | $(4.19) |
| Diluted income (loss) per share from continuing operations | $(1.29) | $3.64 | $(2.39) |
| Diluted loss per share from discontinued operations | — | — | (1.80) |
| Diluted income (loss) per share | $(1.29) | $3.64 | $(4.19) |
| Weighted average basic shares outstanding | 215 | 215 | 214 |
| Weighted average diluted shares outstanding | 215 | 216 | 214 |
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