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 VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotal
Casino$1,115 $4,073 $1,085 $— $(6)$6,267 
Food and beverage1,141 575 — — — 1,716 
Hotel1,417 599 — — — 2,016 
Other601 292 78 274 1,246 
Net revenues$4,274 $5,539 $1,163 $274 $(5)$11,245 
Year Ended December 31, 2023
(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotal
Casino$1,212 $4,272 $886 $— $(3)$6,367 
Food and beverage1,152 576 — — — 1,728 
Hotel1,447 643 — — — 2,090 
Other659 287 87 307 1,343 
Net revenues$4,470 $5,778 $973 $307 $— $11,528 
Year Ended December 31, 2022
(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotal
Casino$1,247 $4,291 $462 $— $(3)$5,997 
Food and beverage1,063 533 — — — 1,596 
Hotel1,341 616 — — — 1,957 
Other636 264 86 282 1,271 
Net revenues$4,287 $5,704 $548 $282 $— $10,821 
Schedule of Accounts Receivable
Accounts Receivable, Net
December 31,
(In millions)20242023
Casino$206 $274 
Food and beverage and hotel107 118 
Other157 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 accounts13 12 25 
Write-offs less recoveries(22)(15)(37)
Balance as of December 31, 2022
101 17 118 
Provision for doubtful accounts29 12 41 
Write-offs less recoveries(49)(17)(66)
Balance as of December 31, 2023
81 12 93 
Provision for doubtful accounts37 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 LiabilityCaesars RewardsCustomer Deposits and Other Deferred Revenue
(In millions)202420232024202320242023
Balance at January 1$42 $45 $86 $87 $693 $693 
Balance at December 3147 42 79 86 549 693 
Increase (decrease)$$(3)$(7)$(1)$(144)$—