Welcome to our dedicated page for Caesars Entertainment SEC filings (Ticker: CZR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for Caesars Entertainment, Inc. (NASDAQ: CZR) provides access to the company’s official regulatory documents, which offer detailed insight into its casino-entertainment and digital gaming operations. As a registrant with common stock listed on the NASDAQ Stock Market, Caesars submits periodic and current reports to the U.S. Securities and Exchange Commission in accordance with federal securities laws.
Among the most frequently referenced filings are Form 10-K annual reports and Form 10-Q quarterly reports, which contain audited or reviewed financial statements, segment information for the Las Vegas, regional, Caesars Digital and managed and branded businesses, and discussions of risk factors, liquidity, capital resources and other key topics. These documents also describe non-GAAP measures such as Adjusted EBITDA and net debt, along with reconciliations to GAAP metrics.
Caesars also files Form 8-K current reports to disclose material events. Recent 8-Ks include items reporting quarterly results by incorporating earnings press releases, as well as governance developments such as the planned resignation of a board vice chair and financing actions like a notice of conditional full redemption for 8.125% Senior Notes due 2027. Other 8-Ks may address transactions, updates to credit facilities or other significant corporate events.
Investors interested in ownership and compensation matters can review proxy materials and, where applicable, Form 4 insider transaction reports filed by directors and officers, which show purchases, sales or other changes in beneficial ownership of CZR shares. Together, these filings form an official record of Caesars Entertainment’s financial condition, capital structure, governance and strategic actions.
On Stock Titan, SEC filings are updated as they are released through EDGAR, and AI-powered tools can help summarize lengthy documents, highlight segment performance, explain non-GAAP measures and surface notable changes from prior periods, allowing readers to navigate Caesars Entertainment’s regulatory disclosures more efficiently.
Caesars Entertainment President and COO Anthony L. Carano reported performance-based equity vesting and related tax withholding. He acquired 11,533 shares of common stock at no cost upon the vesting of previously granted restricted stock units, then disposed of 4,539 shares at $18.95 per share to cover tax obligations. After these transactions, he directly owned 309,861 shares of Caesars Entertainment common stock.
Caesars Entertainment executive chairman Gary L. Carano reported equity award activity and related tax withholding in company stock. He acquired 2,135 shares of common stock on a grant/award basis at
After these direct transactions on
Caesars Entertainment, Inc. Chief Marketing Officer Josh Jones reported equity award activity involving company common stock. He acquired 2,349 shares at no cost through the vesting of previously granted performance-based restricted stock units, which were settled in stock on a one-for-one basis after the board determined the performance level.
To cover tax obligations related to this vesting, 925 shares were disposed of at a price of
Caesars Entertainment, Inc. Chief Financial Officer Bret Yunker reported equity compensation and related tax withholding transactions in company common stock. He acquired 9,824 shares on a grant/award basis, tied to previously granted performance-based restricted stock units that were deemed earned by the board and settled one-for-one in common stock.
To cover tax obligations, 3,866 shares were disposed of through a tax-withholding transaction at a price of $18.95 per share. After these transactions, Yunker directly owned 208,134 shares of Caesars Entertainment common stock.
Caesars Entertainment, Inc. Chief Executive Officer Thomas Reeg reported equity compensation and related tax withholding transactions in company common stock. He acquired 25,629 shares on February 17, 2026 through the vesting of performance-based restricted stock units that were granted on January 27, 2023 under the Amended and Restated 2015 Equity Incentive Plan. The Board determined the achievement level of these awards in connection with the filing of the annual report on Form 10-K, and the earned units immediately vested and settled into common stock on a one-for-one basis.
On the same date, 10,086 shares were disposed of at $18.95 per share to satisfy tax obligations associated with the award, a tax-withholding disposition rather than an open-market sale. Following these transactions, Reeg directly owned 285,843 shares of common stock. He also reported indirect holdings of 362,231 shares through an irrevocable family trust and 6,240 shares through a 401(k) plan, reflecting additional beneficial ownership through these entities.
Caesars Entertainment chief legal officer Edmund L. Quatmann Jr. reported equity compensation activity involving company common stock. He acquired 4,413 shares through the vesting and settlement of previously granted performance-based restricted stock units at no cash cost. These units were granted in January 2023 under the Amended and Restated 2015 Equity Incentive Plan and vested after the board determined the performance level in connection with the Form 10-K filing on February 17, 2026.
On the same date, 1,944 shares were disposed of in a tax-withholding transaction at a price of $18.95 per share to cover tax obligations, rather than an open-market sale. After these transactions, he directly owned 99,829 shares of Caesars Entertainment common stock.
Caesars Entertainment chief accounting and administrative officer Stephanie Lepori reported performance-based equity vesting and related tax withholding. She acquired 3,986 shares of common stock at $0.00 per share from earned restricted stock units granted in 2023. To cover taxes, 1,569 shares were disposed of at $18.95 per share, leaving her with 81,650 directly held shares.
Caesars Entertainment, Inc. outlines its 2025 annual report, describing a large, diversified gaming and hospitality business built around casinos and fast-growing digital betting. The company operates 52 domestic properties in 18 states and runs sports betting in 34 jurisdictions, with iGaming in five.
Casino operations, including retail and online sports betting and iGaming, generated about 58% of 2025 net revenues, with food and beverage contributing roughly 15% and hotels about 17%. Caesars highlights its Caesars Rewards loyalty program, Liberty technology platform, and multiple branded apps as key drivers of customer engagement.
The filing also discusses heavy competition from other casinos and online operators, sensitivity to economic downturns and seasonality, extensive gaming and regulatory oversight, rising ESG and climate expectations, and cybersecurity risks, including a previously disclosed data incident. Caesars reports approximately 50,000 team members and emphasizes labor relations, corporate social responsibility, and long-term emissions-reduction goals.
Caesars Entertainment reported modest revenue growth but wider losses for the fourth quarter and full year 2025. Fourth quarter GAAP net revenues were $2.9 billion versus $2.8 billion a year earlier, while GAAP net loss was $250 million compared with net income of $11 million, largely due to prior-year asset sale gains of over $350 million.
For 2025, GAAP net revenues rose to $11.5 billion from $11.2 billion, but the GAAP net loss increased to $502 million from $278 million, again reflecting large 2024 divestiture gains. Same-store Adjusted EBITDA was $901 million in the quarter (up from $882 million) and $3.6 billion for the year (slightly below $3.7 billion).
Caesars Digital was a standout, with Adjusted EBITDA of $85 million in the quarter versus $20 million and $236 million for the year versus $117 million, showing strong improvement in the online business. As of December 31, 2025, total debt was $11.9 billion and cash and cash equivalents were $887 million, with net debt of $11.0 billion. Since mid‑2024, the company repurchased 14.7 million shares for $420 million.
Capital Research Global Investors reports beneficial ownership of 9,915,236 shares of Caesars Entertainment common stock, representing 4.9% of the class. These shares are held with sole voting and dispositive power and reflect a belief that 204,107,943 shares were outstanding as of the reporting date. The investor certifies the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Caesars Entertainment.