v3.25.1
CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
NET REVENUES:    
Net revenues $ 2,794 $ 2,742
OPERATING EXPENSES:    
General and administrative 483 500
Corporate 82 78
Depreciation and amortization 357 327
Transaction and other costs, net 2 6
Total operating expenses 2,306 2,257
Operating income 488 485
OTHER EXPENSE:    
Interest expense, net (574) (590)
Loss on extinguishment of debt 0 (48)
Other income (loss) (1) 26
Total other expense (575) (612)
Loss before income taxes (87) (127)
Provision for income taxes (11) (15)
Net loss (98) (142)
Net income attributable to noncontrolling interests (17) (16)
Net loss attributable to Caesars $ (115) $ (158)
Net loss per share - basic and diluted:    
Basic loss per share (in dollars per share) $ (0.54) $ (0.73)
Diluted loss per share (in dollars per share) $ (0.54) $ (0.73)
Weighted average basic shares outstanding (in shares) 212 216
Weighted average diluted shares outstanding (in shares) 212 216
Casino    
NET REVENUES:    
Net revenues $ 1,594 $ 1,535
OPERATING EXPENSES:    
Cost of goods and services 861 852
Food and beverage    
NET REVENUES:    
Net revenues 435 422
OPERATING EXPENSES:    
Cost of goods and services 275 263
Hotel    
NET REVENUES:    
Net revenues 482 493
OPERATING EXPENSES:    
Cost of goods and services 151 137
Other    
NET REVENUES:    
Net revenues 283 292
OPERATING EXPENSES:    
Cost of goods and services $ 95 $ 94