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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
REVENUES:        
Net revenues $ 1,377,000 $ 663,000 $ 1,977,000 $ 1,936,000
EXPENSES:        
Other 52,000 12,000 62,000 34,000
General and administrative 330,000 130,000 495,000 381,000
Corporate 90,000 13,000 120,000 51,000
Impairment charges 0 0 161,000 1,000
Depreciation and amortization 223,000 53,000 322,000 167,000
Transaction costs and other operating costs 219,000 14,000 242,000 2,000
Total operating expenses 1,529,000 538,000 2,331,000 1,585,000
Operating (loss) income (152,000) 125,000 (354,000) 351,000
OTHER EXPENSE:        
Interest expense, net (473,000) (72,000) (608,000) (217,000)
Loss on extinguishment of debt (173,000) (1,000) (173,000) (1,000)
Other (loss) income 9,000 3,000 (1,000) 0
Total other expense (637,000) (70,000) (782,000) (218,000)
(Loss) income from continuing operations before income taxes (789,000) 55,000 (1,136,000) 133,000
Provision for income taxes (135,000) (18,000) (64,000) (39,000)
Net (loss) income from continuing operations, net of income taxes (924,000) 37,000 (1,200,000) 94,000
Discontinued operations, net of income taxes (1,000) 0 (1,000) 0
Net (loss) income (925,000) 37,000 (1,201,000) 94,000
Net income attributable to noncontrolling interests (1,000) 0 (1,000) 0
Net (loss) income attributable to Caesars $ (926,000) $ 37,000 $ (1,202,000) $ 94,000
Net (Loss) Income per Share - Basic        
Basic (loss) income per share from continuing operations (in dollars per share) $ (6.09) $ 0.48 $ (11.55) $ 1.21
Basic loss per share from discontinued operations (in dollars per share) 0 0 (0.01) 0
Basic (loss) income per share (in dollars per share) (6.09) 0.48 (11.56) 1.21
Net (Loss) Income per Share - Diluted        
Diluted (loss) income per share from continuing operations (in dollars per share) (6.09) 0.47 (11.55) 1.20
Diluted loss per share from discontinued operations (in dollars per share) 0 0 (0.01) 0
Diluted (loss) income per share (in dollars per share) $ (6.09) $ 0.47 $ (11.56) $ 1.20
Weighted average number of shares outstanding:        
Weighted average basic shares outstanding (in shares) 152,000,000 78,000,000 104,000,000 78,000,000
Weighted average diluted shares outstanding (in shares) 152,000,000 79,000,000 104,000,000 79,000,000
Casino and pari-mutuel commissions        
REVENUES:        
Net revenues $ 919,000 $ 458,000 $ 1,360,000 $ 1,386,000
EXPENSES:        
Cost of goods and services 461,000 229,000 685,000 693,000
Food and beverage        
REVENUES:        
Net revenues 125,000 78,000 188,000 229,000
EXPENSES:        
Cost of goods and services 91,000 60,000 153,000 180,000
Hotel        
REVENUES:        
Net revenues 200,000 94,000 257,000 237,000
EXPENSES:        
Cost of goods and services 63,000 27,000 91,000 76,000
Other        
REVENUES:        
Net revenues $ 133,000 $ 33,000 $ 172,000 $ 84,000