0000000000-22-004985.txt : 20220624 0000000000-22-004985.hdr.sgml : 20220624 20220506083003 ACCESSION NUMBER: 0000000000-22-004985 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20220506 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Caesars Entertainment, Inc. CENTRAL INDEX KEY: 0001590895 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 463657681 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 100 WEST LIBERTY STREET, 12TH FLOOR CITY: RENO STATE: NV ZIP: 89501 BUSINESS PHONE: 775-328-0100 MAIL ADDRESS: STREET 1: 100 WEST LIBERTY STREET, 12TH FLOOR CITY: RENO STATE: NV ZIP: 89501 FORMER COMPANY: FORMER CONFORMED NAME: Eldorado Resorts, Inc. 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M3<>9^H:T0AM5-_?BB^^;0_O_ 4/3"!P*96YD7!E+T-A=&%L;V)R5D5%K MPC 4A?_*_0,C3:KM!"G8H2]#)E5P(#[$]E(RUD1,"_KO=ZXBLJ=-".1>[N$[ MYR8Y):1Q1@FE9-*<1I1J0QFEKQE-I^HM^)Y]'VD,8:4VER.KE6U951S#<*HY M0K2 2"X-AJ@6!A@41:$^/PY?7,O4=:TF,E@/AUZ@0M8WON!4:2-?BXWK.+Y4H;->S7T=&N=; MM75^YJ.[]T^ARO#=_$%Z=TW%LP(#$T72])1"!; M/&(R9#8V-C4T9CDX.&9C,38V-C9E8C5F8S P9F%E,S!C/CQB,F0V-C8U-&8Y M.#AF8S$V-C8V96(U9F,P,&9A93,P8SY=+U)O;W0@,3$@,"!2+TQE;F=T:" V M,"]3:7IE(#$T/CYS=')E86T*>)QC8&#X_Y^1@9^!@9%)DH&!B8&#@0E$,#.F M'()P64 $ V.^/Y#(UH2(,3+F&0.Y>8D,(/#_/P#_S@A2"F5N9'-T')E9@HR.#@Q,@HE)45/1@H! end TEXT-EXTRACT 2 filename2.txt United States securities and exchange commission logo May 6, 2022 Bret Yunker Chief Financial Officer Caesars Entertainment, Inc. 100 West Liberty Street, 12th Floor Reno, Nevada 89501 Re: Caesars Entertainment, Inc. Form 10-K for the Fiscal Year Ended December 31, 2021 Filed February 24, 2022 File No. 001-36629 Dear Bret Yunker: We have limited our review of your filing to the financial statements and related disclosures and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to the comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to the comment, we may have additional comments. Form 10-K for the Fiscal Year Ended December 31, 2021 Management's Discussion and Analysis of Financial Condition and Results of Operations Supplemental Unaudited Presentation of Consolidated Adjusted Earnings before Interest, Taxes, Depreciation and Amortization..., page 45 1. We note your tabular presentation of Adjusted EBITDA on pages 46 and 47 and your footnote (g) to these tables on page 47. In light of your statement within footnote (g) that such presentation does not conform to the Securities and Exchange Commission rules for pro forma presentation, please tell us how you determined it was appropriate to present this information in this format. Alternatively, please revise to present net income (loss) attributable to Caesars reconciled to adjusted EBITDA for CEI followed by a single adjustment for pre-consolidation, pre-acquisition, and pre-disposition results to arrive at total adjusted EBITDA. This comment also applies to similar disclosure within your earnings release. Bret Yunker Caesars Entertainment, Inc. May 6, 2022 Page 2 In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact Babette Cooper, Staff Accountant at 202-551-3396 or Jennifer Monick, Assistant Chief Accountant at 202-551-3295 with any questions. FirstName LastNameBret Yunker Sincerely, Comapany NameCaesars Entertainment, Inc. Division of Corporation Finance May 6, 2022 Page 2 Office of Real Estate & Construction FirstName LastName