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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
NET REVENUES:        
Net revenues $ 2,993 $ 2,907 $ 5,863 $ 5,701
OPERATING EXPENSES:        
General and administrative 521 477 1,025 960
Corporate 94 84 182 166
Depreciation and amortization 355 364 702 721
Transaction and other costs, net 16 34 20 36
Total operating expenses 2,480 2,381 4,850 4,687
Operating income 513 526 1,013 1,014
OTHER EXPENSE:        
Interest expense, net (573) (579) (1,142) (1,153)
Other income 7 1 5 0
Total other expense (566) (578) (1,137) (1,153)
Loss before income taxes (53) (52) (124) (139)
Benefit (provision) for income taxes 12 (13) 0 (24)
Net loss (41) (65) (124) (163)
Net income attributable to noncontrolling interests (21) (17) (36) (34)
Net loss attributable to Caesars $ (62) $ (82) $ (160) $ (197)
Net loss attributable to Caesars per share - basic and diluted:        
Basic loss per share (in dollars per share) $ (0.30) $ (0.39) $ (0.78) $ (0.93)
Diluted loss per share (in dollars per share) $ (0.30) $ (0.39) $ (0.78) $ (0.93)
Weighted average basic shares outstanding (in shares) 204 209 204 210
Weighted average diluted shares outstanding (in shares) 204 209 204 210
Casino        
NET REVENUES:        
Net revenues $ 1,759 $ 1,668 $ 3,425 $ 3,262
OPERATING EXPENSES:        
Cost of goods and services 955 887 1,857 1,748
Food and beverage        
NET REVENUES:        
Net revenues 426 428 850 863
OPERATING EXPENSES:        
Cost of goods and services 281 275 555 550
Hotel        
NET REVENUES:        
Net revenues 495 509 982 991
OPERATING EXPENSES:        
Cost of goods and services 163 155 319 306
Other        
NET REVENUES:        
Net revenues 313 302 606 585
OPERATING EXPENSES:        
Cost of goods and services $ 95 $ 105 $ 190 $ 200