Caesars Entertainment, Inc.CZR
What Caesars Entertainment, Inc. does.
We are a geographically diversified gaming and hospitality company that was founded in 1973 by the Carano family with the opening of the Eldorado Hotel Casino in Reno, Nevada. Beginning in 2005, we grew through a series of acquisitions, including the acquisition of MTR Gaming Group, Inc. in 2014, Isle of Capri Casinos, Inc. in 2017, Tropicana Entertainment, Inc. in 2018, Caesars Entertainment Corporation in 2020, and William Hill PLC in 2021. Our ticker symbol on the NASDAQ Stock Market is “CZR.”
Our primary source of revenue is generated by our gaming operations, which includes our casino properties, retail and online sports betting and online gaming. Additionally, we utilize our hotels, restaurants, bars, entertainment, racing, retail shops and other services to attract customers to our properties.
As of December 31, 2025, we own, lease or manage an aggregate of 52 domestic properties in 18 states. We also operate and conduct sports wagering across 34 jurisdictions in North America, 27 of which offer online sports betting, and operate iGaming in five jurisdictions in North America. We currently operate the Caesars Sportsbook app, the Caesars Racebook app, the Caesars Palace Online Casino app and the Horseshoe Online Casino app. We expect to continue to grow our operations in the Caesars Digital segment as new jurisdictions legalize retail and online sports betting and iGaming. In addition, we have other properties in North America that are authorized to use the brands and marks of Caesars Entertainment, Inc., as well as other non-gaming properties. We lease certain real property assets from third parties, including GLP Capital, L.P., the operating partnership of Gaming and Leisure Properties, Inc. (“GLPI”) and VICI Properties L.P., a Delaware limited partnership (“VICI”). See Item 2. “Properties,” for more information about our properties.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $3.6B | $9.6B | $10.8B | $11.5B | $11.2B | $11.5B |
| Net income | -$1.8B | -$1.0B | -$899.0M | $786.0M | -$278.0M | -$502.0M |
| Free cash flow | -$725.0M | $679.0M | $41.0M | $545.0M | -$221.0M | $497.0M |
More on CZR.
- Caesars Entertainment, Inc. summary
- Caesars Entertainment, Inc. financial statements
- Caesars Entertainment, Inc. key metrics
- Caesars Entertainment, Inc. health scores and style box
- Caesars Entertainment, Inc. earnings
- Caesars Entertainment, Inc. dividends
- Caesars Entertainment, Inc. valuation
- Caesars Entertainment, Inc. ownership and insiders
- Caesars Entertainment, Inc. peers
Figures from Caesars Entertainment, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.