Caesars Entertainment Q3 2025 Financial Results

Caesars Entertainment, Inc. reported its financial results for the third quarter ended September 30, 2025. The company posted GAAP net revenues of $2.9 billion, consistent with the prior-year period. However, the GAAP net loss widened to $55 million compared to a net loss of $9 million in the same quarter last year. Same-store Adjusted EBITDA declined to $884 million from $996 million in the prior-year period, primarily due to lower performance in the Las Vegas segment and reduced sports hold in the Caesars Digital segment. The company highlighted that its regional portfolio showed growth in net revenues and Adjusted EBITDA, driven by consistent operating trends and positive returns from capital projects. Looking ahead, Caesars anticipates improved operating performance in the fourth quarter, supported by stronger occupancy in Las Vegas and continued momentum in its digital segment.