v3.26.1
Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Net Revenues Disaggregated by Type of Revenue and Reportable Segment
The Company’s Statements of Operations present net revenue disaggregated by type or nature of the good or service. A summary of net revenues disaggregated by type of revenue and reportable segment is presented below. Refer to Note 12 for additional information on the Company’s reportable segments.
Three Months Ended June 30, 2026
(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotal
Casino$277 $1,144 $340 $— $(2)$1,759 
Food and beverage267 160 — — (1)426 
Hotel315 180 — — — 495 
Other158 86 11 57 1 313 
Net revenues$1,017 $1,570 $351 $57 $(2)$2,993 
Three Months Ended June 30, 2025
(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotal
Casino$292 $1,045 $331 $— $— $1,668 
Food and beverage278 150 — — — 428 
Hotel346 163 — — — 509 
Other138 77 12 74 1 302 
Net revenues$1,054 $1,435 $343 $74 $1 $2,907 
Six Months Ended June 30, 2026
(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotal
Casino$521 $2,202 $705 $— $(3)$3,425 
Food and beverage540 311 — — (1)850 
Hotel661 321 — — — 982 
Other298 166 20 123 (1)606 
Net revenues$2,020 $3,000 $725 $123 $(5)$5,863 
Six Months Ended June 30, 2025
(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotal
Casino$535 $2,075 $655 $— $(3)$3,262 
Food and beverage564 299 — — — 863 
Hotel689 302 — — — 991 
Other269 147 23 141 5 585 
Net revenues$2,057 $2,823 $678 $141 $2 $5,701 
Schedule of Accounts Receivable, net
Accounts Receivable, net
(In millions)June 30, 2026December 31, 2025
Casino$178 $221 
Food and beverage and hotel126 100 
Other181 155 
Accounts receivable, net$485 $476 
Schedule of Activity Related to Contract and Contract-Related Liabilities
The following table summarizes the activity related to contract and contract related liabilities:
Outstanding Chip LiabilityCaesars RewardsCustomer Deposits and Other Deferred Revenue
(In millions)202620252026202520262025
Balance at January 1$39 $47 $89 $79 $492 $549 
Balance at June 3041 39 92 86 545 586 
Increase / (decrease)$2 $(8)$3 $7 $53 $37