Caesars Entertainment Files 2023 10-K

TL;DR

**Caesars Entertainment just dropped its 2023 10-K, giving us the full financial picture for the year!**

AI Summary

Caesars Entertainment, Inc. filed its 10-K on February 20, 2024, for the fiscal year ended December 31, 2023. The filing details the company's financial performance and operational structure as a major player in the hotels and motels industry, with its business address in Reno, NV. The company, formerly known as Eldorado Resorts, Inc., operates under the CIK 0001590895.

Why It Matters

This filing provides a comprehensive look into the financial health and operational status of one of the largest casino and hotel operators, impacting investors, employees, and the broader hospitality sector.

Risk Assessment

Risk Level: medium — The hospitality and gaming industry faces inherent risks from economic downturns, regulatory changes, and competitive pressures, which could impact Caesars Entertainment's future performance.

Key Numbers

• 0001590895 — Central Index Key (CIK) (Unique identifier for Caesars Entertainment, Inc.)
• 10-K — Form Type (Type of SEC filing)
• 20231231 — Conformed Period of Report (End date of the reporting period)
• 20240220 — Filed As Of Date (Date the filing was submitted)
• 001-36629 — SEC File Number (SEC registration number for the company)

Key Players & Entities

• Caesars Entertainment, Inc. (company) — Filer of the 10-K
• Eldorado Resorts, Inc. (company) — Former name of Caesars Entertainment, Inc.
• December 31, 2023 (date) — Conformed period of report end date
• February 20, 2024 (date) — Filed as of date
• Reno, NV (company) — Business address city and state

FAQ

From the Filing

0001590895-24-000051.txt : 20240220 0001590895-24-000051.hdr.sgml : 20240220 20240220170333 ACCESSION NUMBER: 0001590895-24-000051 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 158 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240220 DATE AS OF CHANGE: 20240220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Caesars Entertainment, Inc. CENTRAL INDEX KEY: 0001590895 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 463657681 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36629 FILM NUMBER: 24654632 BUSINESS ADDRESS: STREET 1: 100 WEST LIBERTY STREET, 12TH FLOOR CITY: RENO STATE: NV ZIP: 89501 BUSINESS PHONE: 775-328-0100 MAIL ADDRESS: STREET 1: 100 WEST LIBERTY STREET, 12TH FLOOR CITY: RENO STATE: NV ZIP: 89501 FORMER COMPANY: FORMER CONFORMED NAME: Eldorado Resorts, Inc. DATE OF NAME CHANGE: 20140919 FORMER COMPANY: FORMER CONFORMED NAME: Eclair Holdings Co DATE OF NAME CHANGE: 20131104 10-K 1 czr-20231231.htm 10-K czr-20231231 0001590895 false 2023 FY http://fasb.org/us-gaap/2023#GoodwillAndIntangibleAssetImpairment http://fasb.org/us-gaap/2023#GoodwillAndIntangibleAssetImpairment http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent P8Y P1Y 0001590895 2023-01-01 2023-12-31 0001590895 2023-06-30 iso4217:USD 0001590895 2024-02-15 xbrli:shares 0001590895 2023-12-31 0001590895 2022-12-31 iso4217:USD xbrli:shares 0001590895 us-gaap:CasinoMember 2023-01-01 2023-12-31 0001590895 us-gaap:CasinoMember 2022-01-01 2022-12-31 0001590895 us-gaap:CasinoMember 2021-01-01 2021-12-31 0001590895 us-gaap:FoodAndBeverageMember 2023-01-01 2023-12-31 0001590895 us-gaap:FoodAndBeverageMember 2022-01-01 2022-12-31 0001590895 us-gaap:FoodAndBeverageMember 2021-01-01 2021-12-31 0001590895 us-gaap:HotelOwnedMember 2023-01-01 2023-12-31 0001590895 us-gaap:HotelOwnedMember 2022-01-01 2022-12-31 0001590895 us-gaap:HotelOwnedMember 2021-01-01 2021-12-31 0001590895 us-gaap:ProductAndServiceOtherMember 2023-01-01 2023-12-31 0001590895 us-gaap:ProductAndServiceOtherMember 2022-01-01 2022-12-31 0001590895 us-gaap:ProductAndServiceOtherMember 2021-01-01 2021-12-31 0001590895 2022-01-01 2022-12-31 0001590895 2021-01-01 2021-12-31 0001590895 us-gaap:PreferredStockMember 2020-12-31 0001590895 us-gaap:CommonStockMember 2020-12-31 0001590895 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001590895 us-gaap:RetainedEarningsMember 2020-12-31 0001590895 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001590895 us-gaap:TreasuryStockCommonMember 2020-12-31 0001590895 us-gaap:NoncontrollingInterestMember 2020-12-31 0001590895 2020-12-31 0001590895 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001590895 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001590895 us-gaap:TreasuryStockCommonMember 2021-01-01 2021-12-31 0001590895 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001590895 us-gaap:NoncontrollingInterestMember 2021-01-01 2021-12-31 0001590895 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001590895 us-gaap:PreferredStockMember 2021-12-31 0001590895 us-gaap:CommonStockMember 2021-12-31 0001590895 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001590895 us-gaap:RetainedEarningsMember 2021-12-31 0001590895 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001590895 us-gaap:TreasuryStockCommonMember 2021-12-31 0001590895 us-gaap:NoncontrollingInterestMember 2021-12-31 0001590895 2021-12-31 0001590895 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001590895 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001590895 us-gaap:RetainedEarningsMember