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Sep 30, 2024
Caesars Q3 2024 Earnings Report
Reported third quarter results, with a focus on revenue segments and adjusted EBITDA.
Key Takeaways
Caesars Entertainment, Inc. reported GAAP net revenues of $2.9 billion and a net loss of $9 million for the third quarter of 2024. Same-store Adjusted EBITDA was $1.0 billion, while Caesars Digital achieved a record quarterly Adjusted EBITDA of $52 million.
GAAP net revenues reached $2.9 billion.
GAAP net loss was $9 million.
Same-store Adjusted EBITDA amounted to $1.0 billion.
Caesars Digital Adjusted EBITDA hit a record $52 million.
Caesars
Caesars
Caesars Revenue by Segment
Forward Guidance
The company successfully closed on a new $1.1 billion senior unsecured refinancing which, along with financings earlier in the year, continue to set the stage for significant interest expense savings in 2025.