Share 
This image was created entirely by AI with guidance from our editorial team.
Bonus TL;DR
- Caesars Entertainment reported $2.94 billion in third-quarter revenue, up 2.5 percent, while its net loss widened to $123 million from $55 million a year earlier.
- Caesars’ Las Vegas revenue fell 2.3 percent to $930 million, while Caesars Digital adjusted EBITDA rose to $44 million from $28 million.
Caesars Entertainment Inc. posted third-quarter revenue of $2.94 billion, up 2.5 percent, as gains in its regional and digital businesses offset a weaker Las Vegas segment.
The results come as the company awaits regulatory approval for a $17.6 billion merger with Fertitta Entertainment that shareholders approved in September.
Las Vegas segment slips on fewer conventions
Las Vegas revenue was $930 million for the three months ended Sept. 30, down from $952 million a year earlier. Adjusted EBITDA for the segment fell 9.5 percent to $343 million.
Caesars attributed the decline to fewer citywide convention events and lower leisure customer visitation, according to the Las Vegas Review-Journal.
Hotel occupancy fell to 89.1 percent from 91.6 percent, and hotel revenue dropped 9.3 percent to $263 million. Food and beverage revenue declined 12.6 percent to $236 million.
Casino revenue moved the other way. It rose 10.4 percent to $287 million, with table games up 8.1 percent to $711 million. Table games hold percentage increased to 21.6 percent from 17.4 percent.
Regional and digital results improve
Caesars’ regional casino operations generated $1.63 billion in revenue, up 5.9 percent. Regional adjusted EBITDA increased 3.6 percent to $524 million.
Regional results benefited in part from the addition of Caesars Windsor in Ontario, increased visitation in northern Nevada during a national tournament earlier this year, and capital investments in Lake Tahoe and New Orleans.
Caesars Digital reported revenue of $326 million, up 4.8 percent. Its adjusted EBITDA rose to $44 million from $28 million.
Net loss widens, debt declines
Companywide adjusted EBITDA declined 2.1 percent to $865 million. Net loss attributable to Caesars widened to $123 million from $55 million a year earlier.
Caesars reported $11.66 billion in outstanding debt as of Sept. 30, down from $11.91 billion at the end of 2025.
Fertitta merger still needs regulatory approval
Caesars did not hold an earnings call Tuesday because of its pending merger with Fertitta Entertainment. The transaction still requires regulatory approval.
If completed, the acquisition would take Caesars private and end its Nasdaq listing.
If you or someone you know has a gambling problem, call 1-800-GAMBLER.
More from bonus.com – Las Vegas Bettor Shane Hennen Pleads Guilty in Federal Betting-Fix Cases – Police Investigate Written Threat at Las Vegas Hard Rock Construction Site – Slot Suppliers Say Machines Still Drive Casino Revenue as Hard Rock Las Vegas Looms
Source: As reported by Las Vegas Review-Journal.
