Caesars Digital profit jumps 57% as its estimated online casino share slips to 6.4%
Caesars Digital's profit rose 57% in what is likely Caesars' last quarter as a public company, while Las Vegas profit fell and the group's net loss more than doubled. The online unit is earning more even as its estimated share of US online casino and sports betting shrinks. The post Caesars Digital profit jumps 57% as its estimated online casino share slips to 6.4% appeared first on ReadWrite .
Caesars Entertainment Inc. reported a 57% increase in profit for its digital arm in the third quarter of 2026, but its overall net loss more than doubled. The online unit continues to earn more revenue even as its estimated share of the US online casino market shrinks to 6.4%. Caesars Digital's revenue grew 4.8% to $326 million, while its adjusted EBITDA reached $181 million for the nine months, a 19.9% increase from the previous year.
Despite this success, the Las Vegas segment experienced a 2.3% decrease in net revenue, dropping to $930 million, and its adjusted EBITDA fell from $379 million to $524 million. The regional business, however, grew its net revenue by 5.9% to $1.627 billion and adjusted EBITDA increased by 3.6% to $524 million. Total net revenue for the company rose 2.5% to $2.94 billion.
The deal to merge with Fertitta Entertainment, valued at around $17.6 billion, is still pending approval in all jurisdictions where Caesars operates.
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