Caesars Q3 net loss widens to $123 million as revenue rises 2.5% to $2.9 billion
Caesars reported third-quarter 2026 net revenues of $2.9 billion, up 2.5% from a year earlier, while its net loss attributable to Caesars widened to $123 million from $55 million. Adjusted EBITDA fell 2.1% to $865 million. The company is not holding a conference call because of its pending agreement to be acquired by Fertitta Entertainment, Inc., and its stock will stop trading on Nasdaq once that deal closes.
Key points
- Net revenues were $2.9 billion ($2,940 million) versus $2,869 million, up 2.5%.
- Net loss attributable to Caesars was $123 million, or $0.61 per share, versus a loss of $55 million, or $0.27 per share.
- Adjusted EBITDA was $865 million versus $884 million in the prior-year quarter.
- The pending Fertitta Entertainment acquisition was announced May 28, 2026; no conference call will be held and the stock will be delisted from Nasdaq upon completion.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
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.