Caesars Entertainment, Inc. reported its financial results for the third quarter ended September 30, 2026. The company reported GAAP net revenues of $2.94 billion for the quarter, a 2.5% increase compared to the prior-year period. However, the company recorded a GAAP net loss attributable to Caesars of $123 million, which represents a significant deterioration compared to the net loss of $55 million reported in the same period last year.
Consolidated Adjusted EBITDA for the quarter was $865 million, a slight decline of 2.1% from the $884 million reported in the prior-year quarter. Segment performance varied, with Las Vegas revenues decreasing by 2.3% to $930 million and Caesars Digital revenues increasing by 4.8% to $326 million. The Regional segment saw revenues rise by 5.9% to $1.627 billion.
Regarding its balance sheet as of September 30, 2026, Caesars reported total cash and cash equivalents of $864 million, excluding restricted cash of $113 million. The company had $11.659 billion in total outstanding indebtedness, resulting in a net debt position of $10.795 billion. The company noted that it has $2.947 billion in available revolver capacity.
Caesars also disclosed that it will not be hosting a quarterly conference call due to a pending definitive agreement to be acquired by Fertitta Entertainment, Inc. announced on May 28, 2026. Upon the completion of this transaction, the company’s common stock will no longer be listed on NASDAQ, and it will become a private entity.
