The company continues to launch Caesars Sportsbook and Caesars Racebook in new jurisdictions. They also launched Caesars Palace Online Casino in the summer of 2023, indicating a focus on expanding their digital presence.

On June 18, 2024, Caesars completed the acquisition of the operations of WynnBET's Michigan iGaming business and a long-term extension of iGaming market access rights with the Sault Ste. Marie Tribe of Chippewa Indians, expanding their iGaming footprint.

The permanent facility for Caesars Virginia is scheduled to open in December 2024, with a budget of $650 million. This represents a significant capital investment in expanding their physical presence.

Management is adjusting the level of investment during the launch period in new jurisdictions based on prior experience and does not expect such investment to continue at elevated levels subsequent to the initial launch periods.

The company continues to focus on labor efficiencies to manage increased labor costs, particularly in the Las Vegas segment where new food and beverage offerings have increased employee headcount.

The company continues to strategically manage marketing and advertising spend to reduce casino expenses related to their Caesars Digital segment.

Gaming and other leisure activities represent discretionary expenditures which may be sensitive to economic downturns, impacting customer behavior.

The Regional segment experienced headwinds due to increased competition in certain markets, leading to impairment charges.

Gaming and other leisure activities we offer represent discretionary expenditures which may be sensitive to economic downturns which impacts the behavior among the components of our customer mix differently.

The company recognized impairment charges in the Regional segment due to a decrease in projected future cash flows at certain regional properties primarily due to localized competition within certain markets.

Casino revenues in Las Vegas segment decreased primarily driven by the decrease in gaming volume associated with the divestiture of Rio at the end of the third quarter of 2023.

Caesars Digital continues to generate strong revenue growth driven by improved sports betting hold and increases in both iGaming handle and iGaming hold.

The company made a voluntary principal repayment of $100 million on our CEI Term Loan B in June 2024.

During the six months ended June 30, 2024, the company refinanced $4.4 billion of debt.

The company made significant capital investments in the construction of permanent facilities for Caesars Virginia and Harrah's Columbus Nebraska.