Caesars Entertainment, Inc. Reports Second Quarter 2022 Results
LAS VEGAS and RENO, Nev., Aug. 2, 2022 /PRNewswire/ -- Caesars Entertainment, Inc., (NASDAQ: CZR) ("Caesars," "CZR," "CEI" or "the Company") today reported operating results for the second quarter ended June 30, 2022.
Second Quarter 2022 and Recent Highlights:
GAAP net revenues of $2.8 billion versus $2.5 billion for the comparable prior-year period.
GAAP net loss of $123 million compared to net income of $71 million for the comparable prior-year period.
Same-store Adjusted EBITDA of $978 million versus $1.0 billion for the comparable prior-year period.
Same-store Adjusted EBITDA, excluding our Caesars Digital segment, of $1.05 billion versus $1.01 billion for the comparable prior-year period.
Caesars Digital same-store Adjusted EBITDA of $(69) million versus $2 million for the comparab...