v3.26.3
CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
NET REVENUES:        
Net revenues $ 2,940 $ 2,869 $ 8,803 $ 8,570
OPERATING EXPENSES:        
General and administrative 517 483 1,542 1,443
Corporate 93 75 275 241
Depreciation and amortization 366 352 1,068 1,073
Transaction and other costs, net 11 (10) 31 26
Total operating expenses 2,483 2,356 7,333 7,043
Operating income 457 513 1,470 1,527
OTHER EXPENSE:        
Interest expense, net (570) (576) (1,712) (1,729)
Loss on extinguishment of debt 0 (4) 0 (4)
Other income (loss) (4) 3 1 3
Total other expense (574) (577) (1,711) (1,730)
Loss before income taxes (117) (64) (241) (203)
Benefit for income taxes 10 25 10 1
Net loss (107) (39) (231) (202)
Net income attributable to noncontrolling interests (16) (16) (52) (50)
Net loss attributable to Caesars $ (123) $ (55) $ (283) $ (252)
Net loss attributable to Caesars per share - basic and diluted:        
Basic loss per share (in dollars per share) $ (0.61) $ (0.27) $ (1.39) $ (1.20)
Diluted loss per share (in dollars per share) $ (0.61) $ (0.27) $ (1.39) $ (1.20)
Weighted average basic shares outstanding (in shares) 204 207 204 209
Weighted average diluted shares outstanding (in shares) 204 207 204 209
Casino        
NET REVENUES:        
Net revenues $ 1,754 $ 1,642 $ 5,179 $ 4,904
OPERATING EXPENSES:        
Cost of goods and services 966 909 2,823 2,657
Food and beverage        
NET REVENUES:        
Net revenues 410 436 1,260 1,299
OPERATING EXPENSES:        
Cost of goods and services 272 277 827 827
Hotel        
NET REVENUES:        
Net revenues 467 485 1,449 1,476
OPERATING EXPENSES:        
Cost of goods and services 161 156 480 462
Other        
NET REVENUES:        
Net revenues 309 306 915 891
OPERATING EXPENSES:        
Cost of goods and services $ 97 $ 114 $ 287 $ 314