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Reports Q3 net loss of $123 million as Adjusted EBITDA falls to $865 million

CZRCaesars Entertainment, Inc.

Caesars Entertainment reported a GAAP net loss attributable to the company of $123 million for the third quarter ended September 30, 2026, compared to a $55 million loss in the prior-year period. Consolidated Adjusted EBITDA decreased 2.1% to $865 million from $884 million, while net revenues rose 2.5% to $2.9 billion. The company has $11.7 billion in debt outstanding and $864 million in cash as of quarter-end. Caesars will not host a quarterly conference call due to its pending acquisition by Fertitta Entertainment. Caesars Entertainment operates the largest casino-entertainment portfolio in the US, offering gaming, hospitality, and digital betting services.

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