Recent Updates — CZR
Caesars Entertainment reported second quarter 2026 financial results, posting GAAP net revenues of $3.0 billion, a 3.0% increase from the prior-year period. The company recorded a GAAP net loss of $62 million, an improvement from the $82 million loss in the comparable prior-year quarter. Consolidated Adjusted EBITDA was $920 million, down 3.7% from $955 million in the prior year. As of June 30, 2026, the company held $11.8 billion in aggregate debt and $965 million in cash. The filing notes that Caesars will not host a quarterly conference call due to a pending definitive agreement to be acquired by Fertitta Entertainment, Inc., announced on May 28, 2026. Upon completion, the company will become a private entity and its stock will delist from NASDAQ. Caesars Entertainment operates as the largest casino-entertainment company in the US, offering gaming, hospitality, and digital betting services.
Courtney Mather resigned from the Board of Directors of Caesars Entertainment, Inc., effective July 6, 2026. The resignation was not due to any disagreement with the company. Caesars Entertainment, Inc. is a gaming and hospitality company.
Caesars Entertainment, Inc. has entered into a definitive merger agreement to be acquired by Fertitta Gaming Holdco, LLC. Under the terms of the agreement, stockholders will receive $31.00 per share in cash, plus a daily ticking fee of $0.007150 per share if the transaction is not consummated by June 26, 2027.
Caesars Entertainment, Inc. has released its financial results for the quarter ended March 31, 2026. The specific financial figures and performance metrics are detailed in the company's accompanying press release.
Caesars Entertainment, Inc. has released its financial results for the quarter and fiscal year ended December 31, 2025. The company's earnings report was issued via a press release dated February 17, 2026.