Caesars (NASDAQ: CZR) 2025 loss widens while digital EBITDA more than doubles

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Caesars Entertainment reported a wider GAAP net loss of $502 million for the full year 2025, primarily due to large asset sale gains in the previous year, despite a modest increase in GAAP net revenues to $11.5 billion. While overall same-store Adjusted EBITDA saw a slight decline, the Caesars Digital segment showed strong growth, more than doubling its Adjusted EBITDA to $236 million. The company aims to use future free cash flow for debt reduction and opportunistic share repurchases, with expectations of a stable brick-and-mortar operating environment and continued digital growth in 2026.

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