8/1010 sources · 7 publishersUpdated Oct 28, 09:21 UTC
Caesars Entertainment reports Q3 2026 results as Fertitta acquisition moves forward
Caesars Entertainment posted third‑quarter 2026 revenue of $2.94 billion, a net loss of $123 million and adjusted EBITDA of $865 million. The company holds $864 million in cash against total debt of $11.659 billion. Fertitta Entertainment’s pending acquisition, valued at $31.00 per share, is under regulatory review and will likely lead to delisting from Nasdaq.
Why it matters
The deal will take Caesars private, with shareholders receiving $31 per share and the acquirer assuming roughly $11.6 billion of debt, changing the capital structure for investors. The pending FTC review adds timing uncertainty to the transaction.
Key facts
- 1Q3 2026 revenue was $2.94 billion. stocktitan.net
- 2Net loss attributable to Caesars was $123 million. stocktitan.net
- 3Adjusted EBITDA for the quarter was $865 million. stocktitan.net
- 4Cash and cash equivalents stood at $864 million. stocktitan.net
- 5Total debt was $11.659 billion. stocktitan.net
- 6Fertitta Entertainment agreed to acquire Caesars at $31.00 per share. investing.com
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.