v3.26.3
Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Net Revenues Disaggregated by Type of Revenue and Reportable Segment
The Company’s Statements of Operations present net revenue disaggregated by type or nature of the good or service. A summary of net revenues disaggregated by type of revenue and reportable segment is presented below. Refer to Note 12 for additional information on the Company’s reportable segments.
Three Months Ended September 30, 2026
(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotal
Casino$287 $1,153 $317 $— $(3)$1,754 
Food and beverage236 174 — — — 410 
Hotel263 204 — — — 467 
Other144 96 9 58 2 309 
Net revenues$930 $1,627 $326 $58 $(1)$2,940 
Three Months Ended September 30, 2025
(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotal
Casino$260 $1,084 $300 $— $(2)$1,642 
Food and beverage270 166 — — — 436 
Hotel290 195 — — — 485 
Other132 91 11 73 (1)306 
Net revenues$952 $1,536 $311 $73 $(3)$2,869 
Nine Months Ended September 30, 2026
(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotal
Casino$808 $3,355 $1,022 $— $(6)$5,179 
Food and beverage776 485 — — (1)1,260 
Hotel924 525 — — — 1,449 
Other442 262 29 181 1 915 
Net revenues$2,950 $4,627 $1,051 $181 $(6)$8,803 
Nine Months Ended September 30, 2025
(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotal
Casino$795 $3,159 $955 $— $(5)$4,904 
Food and beverage834 465 — — — 1,299 
Hotel979 497 — — — 1,476 
Other401 238 34 214 4 891 
Net revenues$3,009 $4,359 $989 $214 $(1)$8,570 
Schedule of Accounts Receivable, net
Accounts Receivable, net
(In millions)September 30, 2026December 31, 2025
Casino$196 $221 
Food and beverage and hotel113 100 
Other150 155 
Accounts receivable, net$459 $476 
Schedule of Activity Related to Contract and Contract-Related Liabilities
The following table summarizes the activity related to contract and contract related liabilities:
Outstanding Chip LiabilityCaesars RewardsCustomer Deposits and Other Deferred Revenue
(In millions)202620252026202520262025
Balance at January 1$39 $47 $89 $79 $492 $549 
Balance at September 3039 33 97 92 449 509 
Increase / (decrease)$— $(14)$8 $13 $(43)$(40)