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Caesars Entertainment reported stronger second-quarter 2026 revenue before its pending sale to Fertitta Entertainment, posting growth at regional casinos and modest gains in its digital business even as Las Vegas softened.
For the quarter ended June 30, Caesars said net revenue rose 3% year over year to $3.0 billion from $2.9 billion. Its consolidated net loss narrowed to $62 million, or $0.30 per share, from $82 million, or $0.39 per share, a year earlier.
The biggest lift came from regional casinos. That segment’s revenue increased 9.4% to $1.57 billion, while adjusted EBITDA climbed 11.2% to $488 million.
Las Vegas moved the other way. Caesars said Las Vegas revenue fell 3.5% to $1.02 billion, and adjusted EBITDA for the segment dropped 12.6% to $410 million.
Caesars Digital, which includes the company’s online business, reported net revenue of $351 million, up 2.3% from a year earlier. Adjusted EBITDA for the segment slipped to $68 million from $80 million.
Companywide adjusted EBITDA eased 3.7% to $920 million.
Caesars also disclosed $11.8 billion in aggregate principal debt as of June 30, against $965 million in cash.
Deal could make these Caesars’ final public-company results
The earnings update arrives while Caesars works toward its previously announced sale to Fertitta Entertainment. In May, the companies agreed to an all-cash deal valued at $17.6 billion including debt. Caesars shareholders are set to receive $31.00 per share, which the company said represented a 49% premium to the stock price before deal talks surfaced.
If the acquisition closes, Caesars will leave the Nasdaq and become a private company. Caesars did not host an earnings call this quarter because of the pending transaction.
For players, Caesars said there are no immediate changes to its casinos, Caesars Rewards, online casino app, games, promotions, or loyalty program while the deal goes through shareholder and regulatory approvals. Caesars operates in West Virginia, but no West Virginia-specific change was reported in this update.
Looking ahead, the main item to watch is whether the transaction wins the approvals needed to close. Once the deal is completed, Caesars’ public financial disclosures could also change because the company would no longer be publicly traded.
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Source: As reported by gambling.com.
