Caesars Q2 revenue rises to $2.9 billion; net loss narrows to $82 million
Caesars Entertainment reported second-quarter 2025 net revenues of $2.9 billion, up from $2.8 billion a year earlier, and a net loss attributable to Caesars of $82 million, versus $122 million in the prior-year quarter. Same-store Adjusted EBITDA fell to $955 million from $996 million, so shareholders see higher sales and a smaller loss alongside lower operating earnings on the company's preferred measure.
Key points
- Net revenues were $2.9 billion versus $2.8 billion for the second quarter of 2024, a 2.9% increase on a same-store basis.
- Net loss attributable to Caesars was $82 million, or $0.39 per share, compared with $122 million, or $0.56 per share, a year earlier.
- Same-store Adjusted EBITDA was $955 million, down 4.1% from $996 million; Caesars Digital Adjusted EBITDA rose to $80 million from $40 million.
- On July 8, 2025, Caesars redeemed $546 million of its 8.125% senior unsecured notes due 2027, which the company says cuts run-rate interest expense by $44 million a year.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.