Caesars Entertainment (NASDAQ: CZR) investors back directors, pay and auditor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Caesars Entertainment, Inc. reported that shareholders approved all items at its 2026 Annual Meeting held on June 9, 2026. A quorum was present, with holders of 179,300,597 shares of common stock represented in person or by proxy.
Shareholders elected eleven directors, each receiving a majority of votes cast, with most nominees receiving more than 95% of votes cast in favor. An advisory vote to approve named executive officer compensation passed, with 134,624,250 votes for and 22,548,056 against.
Shareholders also ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 178,889,019 votes for, 317,670 against, and 93,908 abstentions.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Shares represented: 179,300,597 shares
Say-on-pay votes for: 134,624,250 votes
Say-on-pay votes against: 22,548,056 votes
+3 more
6 metrics
Shares represented
179,300,597 shares
Common stock present at 2026 annual meeting
Say-on-pay votes for
134,624,250 votes
Advisory approval of named executive officer compensation
Say-on-pay votes against
22,548,056 votes
Advisory approval of named executive officer compensation
Auditor ratification votes for
178,889,019 votes
Ratification of Deloitte & Touche LLP for FY ending Dec. 31, 2026
Auditor ratification votes against
317,670 votes
Ratification of Deloitte & Touche LLP for FY ending Dec. 31, 2026
Director support example
156,565,166 votes for
Votes for nominee Thomas R. Reeg
Key Terms
broker non-votes, advisory vote, independent registered public accounting firm, quorum
4 terms
broker non-votes financial
"the number of broker non-votes with respect to each nominee, were as follows"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
advisory vote financial
"Advisory Vote to Approve Named Executive Officer Compensation"
An advisory vote is a shareholder poll that expresses investors’ approval or concern about a company’s policy, executive pay, board decisions or other governance matters but does not legally force the company to act. Think of it like a customer survey: it signals investor sentiment and can pressure management to change course, so investors watch the result as a guide to future governance, risk and potential shifts in strategy.
independent registered public accounting firm financial
"the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
quorum financial
"constituting a quorum of the Company’s outstanding shares"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
FAQ
Were Caesars Entertainment (CZR) director nominees elected at the 2026 annual meeting?
All eleven director nominees, including Thomas R. Reeg and Gary L. Carano, were elected by a majority of votes cast, with most receiving over 95% of votes cast in favor, alongside broker non-votes reported separately.
What was the outcome of the auditor ratification vote for Caesars Entertainment (CZR)?
The auditor ratification passed easily, with 178,889,019 votes for Deloitte & Touche LLP, 317,670 votes against, and 93,908 abstentions, and no broker non-votes reported for this proposal at the 2026 annual meeting.