Caesars Entertainment, Inc. reported GAAP net revenues of $2.8 billion for Q4 2022, compared to $2.6 billion for the prior-year period. The company's GAAP net loss was $148 million, an improvement from the $434 million net loss in the same period last year. Same-store Adjusted EBITDA was $957 million, compared to $581 million for the comparable prior-year period.
GAAP net revenues increased to $2.8 billion from $2.6 billion year-over-year.
GAAP net loss improved to $148 million from a $434 million loss year-over-year.
Same-store Adjusted EBITDA was $957 million, up from $581 million year-over-year.
Las Vegas and Regional segments each set a new fourth quarter record for Adjusted EBITDA.
Consumer demand remains strong in all of our verticals and we are optimistic for the year ahead.
Visualization of income flow from segment revenue to net income