Description
Overview of Q2FY24 of Caesars Entertainment, Inc
Goals and Objectives of the Research
Research Objective: To perform a comparative analysis of the Q2FY24 quarterly report and those of previous periods.
Research Tasks:
- Gather comprehensive financial and corporate information pertaining to the company for Q2FY24;
- Analyze the collected information;
- Conduct a comparative assessment of the Q2FY24 report with the reports from previous quarters of the current fiscal year and Q2FY23;
- Formulate conclusions based on the analyzed data.
Disclaimers
The information collected in this report reflects data from the company's public reports and is not questioned or verified via other sources. In other words, information from the company's public reports is taken and used as is.
If additional information from other sources is used or if the data used is reflective of the researcher's personal opinion, this will be labeled accordingly.
The provided public company quarterly reports are unaudited.
Document Markup
- FY - Financial Year;
- Q - Quarter;
- Caesars - Caesars Entertainment Inc;
- QoQ - Quarter-over-Quarter;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-year (YoY) calculations of relative values were not performed in cases where last year's profit changed to a loss in the current year and vice versa within the scope of the current report;
- Caesars Entertainment Inc Q2FY24 Report Period is from April 1 to June 30, 2024.
Short Insights
- Net Revenue of 2,830 million USD;
- Caesar Digital Net Revenue had an increase of 27.78%, compared to Q2FY23;
- Same-store Adjusted EBITDA of 1,000 million USD, a decrease of 0.70% compared to Q2FY23;
- Caesars completed the acquisition of the operations of WynnBET’s Michigan iGaming business.
