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Caesars Entertainment, Inc. Reports Second Quarter 2026 Results
- CZR
-0.07%
LAS VEGAS & RENO, Nev., July 28, 2026–(BUSINESS WIRE)–Caesars Entertainment, Inc., (NASDAQ: CZR) (“Caesars,” “CZR,” “CEI” or the “Company”) today reported operating results for the second quarter ended June 30, 2026.
Second Quarter 2026 and Recent Highlights:
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GAAP net revenues of $3.0 billion versus $2.9 billion for the comparable prior-year period.
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GAAP net loss of $62 million compared to a net loss of $82 million for the comparable prior-year period.
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Consolidated Adjusted EBITDA of $920 million versus $955 million for the comparable prior-year period.
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Caesars Digital Adjusted EBITDA of $68 million versus $80 million for the comparable prior-year period.
Second Quarter 2026 Financial Results Summary and Segment Information
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Net Income (Loss) Attributable to Caesars |
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Adjusted EBITDA is not a GAAP measurement and is presented solely as a supplemental disclosure because the Company believes it is a widely used measure of operating performance in the gaming industry. See “Reconciliation of GAAP Measures to Non-GAAP Measures” below for a definition of Adjusted EBITDA and a quantitative reconciliation of Adjusted EBITDA to net income (loss) attributable to Caesars, which the Company believes is the most comparable financial measure calculated in accordance with GAAP. |
