XML 66 R37.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Revenue Recognition (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Revenue from Contract with Customer [Abstract] |
Summary of Net Revenues Disaggregated Type of Revenue and Reportable Segment | The Company’s Statements of Operations presents net revenue disaggregated by type or nature of the good or service. A summary of net revenues disaggregated by type of revenue and reportable segment is presented below. Refer to Note 16 for additional information on the Company’s reportable segments.
| Year Ended December 31, 2024
(In millions) | Las Vegas |  | Regional |  | Caesars Digital |  | Managed and Branded |  | Corporate and Other |  | Total
Casino | $ | 1,115 |  |  | $ | 4,073 |  |  | $ | 1,085 |  |  | $ | — |  |  | $ | (6) |  |  | $ | 6,267 |
Food and beverage | 1,141 |  |  | 575 |  |  | — |  |  | — |  |  | — |  |  | 1,716 |
Hotel | 1,417 |  |  | 599 |  |  | — |  |  | — |  |  | — |  |  | 2,016 |
Other | 601 |  |  | 292 |  |  | 78 |  |  | 274 |  |  | 1 |  |  | 1,246 |
Net revenues | $ | 4,274 |  |  | $ | 5,539 |  |  | $ | 1,163 |  |  | $ | 274 |  |  | $ | (5) |  |  | $ | 11,245 |
| Year Ended December 31, 2023
(In millions) | Las Vegas |  | Regional |  | Caesars Digital |  | Managed and Branded |  | Corporate and Other |  | Total
Casino | $ | 1,212 |  |  | $ | 4,272 |  |  | $ | 886 |  |  | $ | — |  |  | $ | (3) |  |  | $ | 6,367 |
Food and beverage | 1,152 |  |  | 576 |  |  | — |  |  | — |  |  | — |  |  | 1,728 |
Hotel | 1,447 |  |  | 643 |  |  | — |  |  | — |  |  | — |  |  | 2,090 |
Other | 659 |  |  | 287 |  |  | 87 |  |  | 307 |  |  | 3 |  |  | 1,343 |
Net revenues | $ | 4,470 |  |  | $ | 5,778 |  |  | $ | 973 |  |  | $ | 307 |  |  | $ | — |  |  | $ | 11,528 |
| Year Ended December 31, 2022
(In millions) | Las Vegas |  | Regional |  | Caesars Digital |  | Managed and Branded |  | Corporate and Other |  | Total
Casino | $ | 1,247 |  |  | $ | 4,291 |  |  | $ | 462 |  |  | $ | — |  |  | $ | (3) |  |  | $ | 5,997 |
Food and beverage | 1,063 |  |  | 533 |  |  | — |  |  | — |  |  | — |  |  | 1,596 |
Hotel | 1,341 |  |  | 616 |  |  | — |  |  | — |  |  | — |  |  | 1,957 |
Other | 636 |  |  | 264 |  |  | 86 |  |  | 282 |  |  | 3 |  |  | 1,271 |
Net revenues | $ | 4,287 |  |  | $ | 5,704 |  |  | $ | 548 |  |  | $ | 282 |  |  | $ | — |  |  | $ | 10,821 |
Schedule of Accounts Receivable |
Accounts Receivable, Net |  |  |
| December 31,
(In millions) | 2024 |  | 2023
Casino | $ | 206 |  |  | $ | 274 |
Food and beverage and hotel | 107 |  |  | 118 |
Other | 157 |  |  | 216 |
Accounts receivable, net | $ | 470 |  |  | $ | 608 |
Allowance for Doubtful Accounts |  |  |  |  |
(In millions) | Contracts |  | Other (a) |  | Total
Balance as of January 1, 2022 | $ | 110 |  |  | $ | 20 |  |  | $ | 130 |
Provision for doubtful accounts | 13 |  |  | 12 |  |  | 25 |
Write-offs less recoveries | (22) |  |  | (15) |  |  | (37) |
Balance as of December 31, 2022 | 101 |  |  | 17 |  |  | 118 |
Provision for doubtful accounts | 29 |  |  | 12 |  |  | 41 |
Write-offs less recoveries | (49) |  |  | (17) |  |  | (66) |
Balance as of December 31, 2023 | 81 |  |  | 12 |  |  | 93 |
Provision for doubtful accounts | 37 |  |  | 12 |  |  | 49 |
Write-offs less recoveries | (31) |  |  | (12) |  |  | (43) |
Balance as of December 31, 2024 | $ | 87 |  |  | $ | 12 |  |  | $ | 99 |
____________________ (a)“Other” includes allowance associated with lease receivables under ASC 842. See Note 7 for further details.
Summary of Activity Related to Contract and Contract Related Liabilities | The following table summarizes the activity related to short-term and long-term contract and contract related liabilities:
| Outstanding Chip Liability |  | Caesars Rewards |  | Customer Deposits and Other Deferred Revenue
(In millions) | 2024 |  | 2023 |  | 2024 |  | 2023 |  | 2024 |  | 2023
Balance at January 1 | $ | 42 |  |  | $ | 45 |  |  | $ | 86 |  |  | $ | 87 |  |  | $ | 693 |  |  | $ | 693 |
Balance at December 31 | 47 |  |  | 42 |  |  | 79 |  |  | 86 |  |  | 549 |  |  | 693 |
Increase (decrease) | $ | 5 |  |  | $ | (3) |  |  | $ | (7) |  |  | $ | (1) |  |  | $ | (144) |  |  | $ | — |

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration