Revenue Gaming Processor

Caesars Q3: net loss rises to $123m, Las Vegas revenue falls 2.3% to $930m. As a result of the operator's definitive agreement to be acquired by Fertitta Entertainment, Caesars chose not to address its Q3 financial results with an earnings call on October 27. Key Points Net revenue for Q3 increased 2.5% to $2.9bn, led by Caesars' regional operations which drove $1.6bn and grew 5.9% Caesars Digital generated $326m of revenue for Q3 and rose 4.8%, while net income totaled $4m following a $21m loss during the prior year Casino operations accounted for nearly $1.8bn of Caesars' Q3 revenue, equating to 6.8% growth for the sector Caesars Entertainment has reported its financial results for the third quarter of 2026, having witnessed a net loss of $123m, as well as a 2.3% decrease in revenue from Las Vegas operations to $930m. Despite an increased net loss from Q3 2025 ($55m), the operator's net revenue for the current year period rose 2.5% to $2.9bn. Regional operations accounted for just over $1.6bn of Caesars' total Q3 revenue, having increased 5.9%. Caesars Digital managed to increase revenue year-over-year as well, rising 4.8% to $326m. The operator's online business also grew net income to $4m after witnessing a loss of $21m during Q3 2025. Caesars net income/loss history - Q3. How has the operator's net income/loss changed since Q3 2021? The operator reported a decrease in adjusted EBITDA, however, as the Q3 total fell 2.1% to $865m. Las Vegas operations drove $343m of adjusted EBITDA but decreased 9.5%, while Caesars' regional business increased adjusted EBITDA 3.6% to $524m. Caesars Digital's adjusted EBITDA for Q3 rose 57.1% to $44m, with revenue and adjusted EBITDA from managed and branded operations decreasing 20.5% and 5.6%, respectively, to $58m and $17m. Due to the operator's definitive agreement to be acquired by Fertitta Entertainment, Caesars chose not to address its Q3 financial results through an earnings call on October 27. Caesars Digital net income/loss history - Q3. How has Caesars' online operations fared since Q3 2021? At the Global Gaming Expo (G2E) in Las Vegas, though, Caesars CEO Tom Reeg stated: "My favorite days are when the rest of the industry is getting cratered (on the stock market) because I do not have to live in that world anymore. It is appealing to get out of that." It appears not having to live in the world of earnings calls is also a plus for the Caesars executive... Nonetheless, Caesars' casino operations during Q3 accounted for nearly $1.8bn of the operator's total revenue, representing an increase of 6.8%. Food & beverage and hotel witnessed respective decreases of 6% and 3.7%, totaling $410m and $467m. Caesars net revenue/adjusted EBITDA history - Q3. Operating expenses for the third quarter grew 5.4% to nearly $2.5bn, leading to a decrease in operating income of 10.9% to $457m. While Caesars will become private as a result of its acquisition by the Tilman Fertitta-led entity, the operator's stock declined 0.5% following the release of its Q3 results, ending at $28.85 per share. Good to know Caesars Sportsbook unveiled a new partnership with former NFL player Clay Matthews in September, providing a humorous take on upgrades made to the app before the 2026-2027 season

How to prevent food waste at meetings and events. October 21, 2026 Reducing food waste at meetings and events starts well before dinner is served. On the tradeshow floor at IMEX America 2026, Meetings Today's Taylor Smith spoke with Michele Polci, director of catering for Caesars Entertainment, about how F&B teams forecast attendance, plan menus and adjust production to meet demand. Polci also explains how Caesars evaluates eligible surplus for donation, prioritizes food safety and works with recovery partners to ensure food stays out of landfills and instead is given to the community. Read on to learn more, plus what Caesars does to help meeting planners better understand their events' food-recovery efforts. Taylor Smith: How does Caesars work to prevent food waste at large-scale events? What steps do catering teams take when planning menus, quantities and service? Michele Polci: Well, prevention starts long before an event begins. Our catering and culinary teams work closely with meeting planners to forecast attendance, review historical consumption patterns and build menus that align with guest preferences and event schedules. But it goes beyond that. We use detailed banquet event orders that have all the F&B requests, all of the dietary restrictions. It allows us to figure out registration trends and real-time attendance updates to help right-size food production and reduce over-ordering. Our chefs take a flexible production approach, preparing certain menu components in stages whenever possible. This allows us to adjust based on actual attendance rather than preparing all food at once. We also design menus strategically, considering portion sizes, service styles and ingredients that can be utilized across multiple functions while maintaining a high-quality guest experience. Ultimately, our goal is to maximize guest satisfaction while minimizing waste through thoughtful planning and operational efficiency. What happens to food that remains after an event? Does Caesars work with local food banks or other community organizations to donate suitable surplus? Not all food can be donated, but when products meet food-safety requirements and remain suitable for consumption, our teams prioritize donation and recovery. We seek opportunities to redirect eligible surplus food away from landfills and into the community. We work with established local nonprofit and food recovery organizations that can safely collect and distribute food to individuals and families in need. These efforts support our broader sustainability and corporate social responsibility (CSR) goals while helping address food insecurity in the communities where we operate. If food is donated, how does the process work - including decisions about what can be donated, safe handling and how quickly it can be transferred? Food safety is always the top priority. Our culinary teams evaluate surplus food based on strict food handling guidelines and donation requirements. Only food that has been properly stored, maintained within required temperature ranges and remains safe for consumption is considered for donation. Once food is identified as donation-eligible, it is packaged, labeled and handled according to established food-safety procedures. We coordinate with our nonprofit recovery partners to facilitate timely pickup and distribution so food reaches recipients as quickly and safely as possible. Every step of the process is designed to meet both operational standards and regulatory requirements. Do convention catering teams use blast chillers or other equipment to cool and preserve eligible surplus food for donation? If so, how does that fit into the process? Caesars utilizes professional culinary equipment and food-preservation practices that support safe food handling throughout the event lifecycle. Blast chilling and rapid-cooling technologies can play an important role in preserving food quality and maintaining safe temperatures when food is identified as suitable for future use or donation. These systems help culinary teams cool food quickly within required food safety parameters, reducing the risk of spoilage. The use of this equipment is integrated into broader food safety and recovery protocols that guide how surplus food is evaluated, stored and prepared for donation partners when appropriate. This approach helps us balance responsible resource management with our commitment to guest and community safety. How do you track food waste and assess whether prevention or donation efforts are working? Are there lessons or measures you can share? Measurement is a critical component of any waste-reduction strategy. We continuously evaluate operational data, event outcomes and food-production patterns to identify opportunities for improvement. Our teams analyze factors such as attendance accuracy, menu performance, production levels and post-event surplus to refine forecasting for future events. We also monitor participation in food recovery and diversion programs to better understand the impact of our sustainability efforts. One key lesson is that collaboration between catering teams, chefs, event managers and planners significantly improves forecasting accuracy and reduces unnecessary waste. The more information we have regarding attendee counts, schedules and guest preferences, the more effectively we can align production with actual demand. How are your efforts to repurpose food documented, measured and then presented to meeting planners so that they have data for their executives on CSR and community giveback? Today's meeting planners are increasingly looking for measurable sustainability outcomes, and we recognize the importance of providing meaningful data. Through our sustainability and food recovery initiatives, Caesars works to track relevant metrics related to waste diversion, food donation and community impact where available. We partner closely with our clients to identify sustainability priorities and connect them with available reporting and impact information. These insights can help planners demonstrate how their event contributed to broader environmental and social responsibility goals. By providing transparency around these efforts, we help planners tell a more complete story about the positive community and environmental impact of their meetings and events. Our goal is to make sustainability not only an operational priority, but also a tangible value that meeting planners can share with stakeholders and executive leadership. Taylor Smith | Content Manager, Destinations Taylor Smith serves as content manager, destinations for Meetings Today, where she leads coverage of global meetings destinations as well as the production of the biannual online magazine Incentives Today. She is also author of "The Z: Planning for the Industry's Next Generation," an award-winning column examining how Gen Z is influencing the future of meetings, events and workplace culture. Recognized as one of Eventex's 100 Most Influential People in the Events Industry (2024) and 50 Most Influential People in the U.S. & Canada (2025), Smith has quickly established herself as a leading voice on emerging generational shifts. In 2026, The Z earned a national Azbee Award from the American Society of Business Publication Editors and was recognized as one of the best regular print departments in B2B journalism across the country. In addition to her editorial work for the FOLIO: Eddies Award-winning magazine, Smith is co-host of Meetings Today's Eventualists podcast, shedding light on the unspoken realities of a career in the events industry through authentic, raw conversations. She is also a frequent speaker, taking the stage at shows including IMEX America, MPI's World Education Congress and SITE Global, and often appears on prominent industry podcasts and webinars. Based just outside Chicago, Smith brings both professional insight and personal curiosity to her reporting, driven by a passion for the "people-people" nature of the meetings industry.

Promising hotel stocks to research - october 16th. McDonald's, Booking, Caesars Entertainment, Marriott International, Royal Caribbean Cruises, Starbucks, and Hilton Worldwide are the seven Hotel stocks to watch today, according to MarketBeat's stock screener tool. Hotel stocks are shares of publicly traded companies that own, operate, manage, or franchise hotels and other lodging properties. Their performance is often influenced by travel demand, room occupancy, average daily rates, economic conditions, and consumer spending. These companies had the highest dollar trading volume of any Hotel stocks within the last several days. McDonald's (MCD). McDonald's Corp. engages in the operation and franchising of restaurants. It operates through the following segments: U.S., International Operated Markets, and International Developmental Licensed Markets and Corporate. The U.S. segment focuses its operations on the United States. The International Operated Markets segment consists of operations and the franchising of restaurants in Australia, Canada, France, Germany, Italy, the Netherlands, Spain, and the U.K. Booking (BKNG). Booking Holdings Inc, formerly The Priceline Group Inc., is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands. Caesars Entertainment (CZR). Caesars Entertainment, Inc. operates as a gaming and hospitality company. The company owns, leases, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 31 jurisdictions in North America and operates iGaming in five jurisdictions in North America; sports betting from its retail and online sportsbooks; and other games, such as keno. Marriott International (MAR). Marriott International, Inc. engages in operating, franchising, and licensing hotel, residential, timeshare, and other lodging properties worldwide. It operates its properties under the JW Marriott, The Ritz-Carlton, The Luxury Collection, W Hotels, St. Regis, EDITION, Bvlgari, Marriott Hotels, Sheraton, Westin, Autograph Collection, Renaissance Hotels, Le Méridien, Delta Hotels by Marriott, Tribute Portfolio, Gaylord Hotels, Design Hotels, Marriott Executive Apartments, Apartments by Marriott Bonvoy, Courtyard by Marriott, Fairfield by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Four Points by Sheraton, TownePlace Suites by Marriott, Aloft Hotels, AC Hotels by Marriott, Moxy Hotels, Element Hotels, Protea Hotels by Marriott, City Express by Marriott, and St. Royal Caribbean Cruises (RCL). Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd. Starbucks (SBUX). Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items. Hilton Worldwide (HLT). Hilton Worldwide Holdings Inc., a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.