LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the fourth quarter and full year 2023 after the market closes on Tuesday, February 20, 2024. The company will also host a conference call on February 20, 2024, at 5:00 p.m. Eastern Time, 2:00 p.m. Pacific Time, to discuss its results and other matters related to the company.Participants may register for the call by clicking here. Once registered, participants will receive an email with t ...

Caesars Palace Hotel & Casino a world wide mecca since the 1960s and still the most recognizable brand in gaming. RudyBalasko Stipulation As readers of this space may know, I am a c-suite Caesars (NASDAQ:CZR) alumni from back in the day. Much has changed since I moved through the halls of the executive offices, but the core ethos management culture - the good part - remains in place according to friends in and out of the company. The CEO Gary Loveman era had a dark ages cast to them with some good, but most ...

Caesars Entertainment, Inc. (NASDAQ:CZR) Q3 2023 Earnings Conference Call October 31, 2023 5:00 PM ET Company Participants Brian Agnew - Senior Vice President of Corporate Finance, Treasury and Investor Relations Tom Reeg - Chief Executive Officer Anthony Carano - President and Chief Operating Officer Eric Hession - President, Caesars Sports and Online Gaming Bret Yunker - Chief Financial Officer Conference Call Participants Carlo Santarelli - Deutsche Bank Joe Greff - JPMorgan Dan Politzer - Wells Fargo St ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-36629 CAESARS ENTERTAINMENT, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorp ...

Caesars Entertainment, Inc. (NASDAQ:CZR) Q2 2023 Earnings Conference Call August 1, 2023 5:00 PM ET Company Participants Brian Agnew - Senior Vice President of Corporate Finance, Treasury and Investor Relations Anthony Carano - President and Chief Operating Officer Eric Hession - President, Caesars Sports and Online Gaming Bret Yunker - Chief Financial Officer Tom Reeg - Chief Executive Officer and Director Conference Call Participants Joe Greff - JPMorgan Carlo Santarelli - Deutsche Bank Dan Politzer - Wel ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-36629 CAESARS ENTERTAINMENT, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporati ...

Caesars Entertainment, Inc. (NASDAQ:CZR) Q1 2023 Earnings Conference Call May 2, 2023 5:00 PM ET Company Participants Brian Agnew - Senior Vice President of Corporate Finance, Treasury and Investor Relations Anthony Carano - President and Chief Operating Officer Eric Hession - President, Caesars Sports & Online Gaming Bret Yunker - Chief Financial Officer Tom Reeg - Chief Executive Officer Conference Call Participants Carlo Santarelli - Deutsche Bank Joe Greff - JPMorgan Steven Wieczynski - Stifel Dan Polit ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-36629 CAESARS ENTERTAINMENT, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporat ...

Financial Data and Key Metrics Changes - For the full year, the Las Vegas segment generated over 25% growth in both revenues and EBITDA, achieving approximately $4.3 billion in revenue and $2 billion in adjusted EBITDA [7] - Quarterly net revenue results grew by over 100% year-over-year, marking the smallest adjusted EBITDA loss since rebranding to Caesars Sportsbook [10] - The company reduced debt by over $200 million in Q4, totaling $1.2 billion for the year, with leverage now standing at just under 4.5x on a traditional debt-to-EBITDA basis [49][49] Business Line Data and Key Metrics Changes - The Las Vegas segment achieved record cash hotel revenues and food and beverage results, with occupancy during Q4 at 95.5%, returning to pre-COVID levels [17] - The Regional segment delivered $443 million of EBITDA in Q4, up 3% year-over-year, with adjusted EBITDA growing 21% versus 2019 [45] - The Digital segment reported a year-over-year volume increase of 7%, with promotional expenses down 43%, leading to improved net revenue [20] Market Data and Key Metrics Changes - The company launched sports betting online in Ohio and retail, expanding to 29 North American jurisdictions, with plans to launch a mobile sports app in Massachusetts [11] - Group and convention paid for 2023 is up to 2019 levels, driven by strong average daily rates (ADRs) and higher room nights [7] - Forward bookings in Las Vegas are strong, with expectations for March to be one of the best months ever [28] Company Strategy and Development Direction - The company plans to benefit from several capital investment projects in 2023, including the opening of new properties and renovations [8] - Digital growth strategy remains critical, with a focus on improving product experience and segmented marketing capabilities [21][48] - The company aims to achieve a leverage target of sub-4x by the end of 2024, continuing to generate significant free cash flow [61][125] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2023 and beyond, citing strong forward occupancy and a robust event calendar in Las Vegas [7] - The company anticipates that Digital will become EBITDA positive in 2023, with expectations for significant growth in iGaming [52][124] - Management noted that consumer spending remains strong, with no signs of weakness in the destination business [36][126] Other Important Information - The company refinanced $4.5 billion of debt at attractive rates, reducing exposure to short-term rate hikes [12] - The new Horseshoe Lake Charles property opened to strong demand, exceeding initial expectations [8] - The company expects to see a significant change in trailing credit statistics due to improved performance in Digital [26] Q&A Session Summary Question: What is the expected impact of the Super Bowl on business? - Management expects Super Bowl level activity, with a strong weekend anticipated regardless of the event [32] Question: How is the company thinking about leverage and debt reduction? - The company aims to maintain a leverage target of sub-4x and expects to repeat the $1.2 billion debt reduction in 2023 [61][119] Question: What are the expectations for group business in 2023? - Management is optimistic about group business, expecting it to exceed 2019 levels [58] Question: How does the company view the digital versus land-based player in terms of recession resistance? - Management believes both segments will be impacted, but the digital player may lean more towards money constraints [126] Question: Can you provide insights on the iCasino ramp and upcoming improvements? - The company plans to enhance game content and introduce a standalone casino app, with significant improvements expected in the second half of 2023 [92][124]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period to Commission File No. 001-36629 CAESARS ENTERTAINMENT, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporati ...