Caesars Entertainment announced second-quarter 2026 financial results on July 29, recording a three percent increase in net revenues despite a decline in its Las Vegas segment. The company also introduced expanded wagering features at the Westgate Sportsbook ahead of the upcoming football season.
Quarterly and Half-Year Financial Results
Net revenues for the quarter ending June 30 reached $3.0bn, compared to $2.9bn in the same period of 2025. The Las Vegas division generated $1.01bn, reflecting a 3.5 percent year-on-year decrease. Consolidated adjusted EBITDA stood at $920m, down from $955m previously, while the quarterly net loss narrowed to $62m from $82m. For the first six months of 2026, total net revenues amounted to $5.86bn against $5.7bn last year, with a cumulative net loss of $160m versus $197m. The balance sheet shows $11.8bn in outstanding debt alongside $965m in cash and cash equivalents, separate from $112m in restricted cash.Westgate Sportsbook Wagering Enhancements
Caesars Sportsbook technology now supports updated betting capabilities at the Westgate location. The resort added over 20 self-service wagering kiosks across the SuperBook and Westgate Las Vegas Resort & Casino, alongside improved mobile wagering tools and a broader selection of betting markets. Eric Hession, president of Caesars Digital, stated: "The SuperBook has been one of the defining sportsbook destinations in Las Vegas for decades. As sports fans prepare for football season, we are enhancing its offerings with more ways to wager, more convenience and more flexibility while preserving everything that has made it special. The SuperBook has a tremendous history, and our goal is to build on that legacy while delivering the modern betting experience expected by today's sports bettors."Source: Caesars Entertainment financial announcement, July 29, 2026.