Allwyn has shared its Q1 earnings, revealing that the company recorded €1.2 billion in quarterly net revenue, driven by its acquisition of fantasy sports operator PrizePicks....
Caesars Entertainment reports 2.7% YoY rise in Q1 revenue
Caesars Entertainment has concluded Q1 2026 with $2.87 billion in revenue, showing a 2.7% year-on-year rise, compared to the $2.79 billion revenue for the same quarter in 2025.
The company also generated adjusted EBITDA of $887 million, representing a slight 0.3% increase, with the main driver of growth being the 11.6% jump in Caesars’ digital division revenue, which reached a record $374 million. Digital EBITDA saw an 18.4% increase to $69 million.
The Las Vegas segment stayed flat at $1 billion and $176 million in net revenue and net income, respectively, but adjusted EBITDA dropped by 2% to $426 million.
CEO of Caesars Entertainment, Tom Reeg, commented:
“In the first quarter of 2026, we delivered growth in total net revenues and adjusted EBITDA versus last year. Caesars Digital revenue of $374 million and Adjusted EBITDA of $69 million achieved record first-quarter results. In our Las Vegas segment, we experienced continued sequential improvement in trends and a significant improvement in the hospitality vertical with an occupancy of 95.3% and year-over-year growth in Average Daily Rate. The Regional segment delivered improved adjusted EBITDA on a year-over-year basis after excluding the benefits of Super Bowl LX in New Orleans last year.”
The Regional segment generated most of the revenue for the company with $1.43 billion. Caesars saw better monetization as well, with average revenue per user up by 15%, thanks to a mix of parlays and multi-leg bets.
Q1 2026 was a reality check for the iGaming industry, giving a much clearer picture of where the operators’ market is heading. Super Group, Codere Online, Flutter...
