The company opened Caesars Virginia on December 17, 2024 and Harrah's Columbus Nebraska on May 17, 2024, expanding its regional presence. These openings represent strategic investments in new markets.

The company completed the sale of the LINQ Promenade and the WSOP trademark, generating gains of $34 million and $317 million respectively. These divestitures reflect a strategy of optimizing the asset portfolio.

The company continues to launch Caesars Sportsbook, Caesars Racebook, and iGaming mobile apps in new jurisdictions, indicating a focus on digital growth. Caesars Palace Online Casino launched in August 2023 and Horseshoe Online Casino initially launched in October 2024.

The company continues to strategically manage marketing and advertising spend to reduce casino expenses related to our Caesars Digital segment. This suggests an effort to improve efficiency in marketing spend.

Food and beverage expenses have increased mainly due to higher union and non-union wages. The company continues to focus on labor efficiencies to manage increased labor costs.

The company took steps to ensure that the stolen data was deleted by the unauthorized actor, implemented corrective measures, and continue to work with industry-leading third-party IT advisors to harden our systems and protect against future attacks. This indicates a focus on mitigating cybersecurity risks.

The gaming industry is highly competitive, and increased competition may require substantial expenditures in marketing and capital projects. Failure to make such expenditures could negatively affect the company's competitive position.

Consumer demand for leisure activities is sensitive to economic downturns, inflation, and other factors outside the company's control. Changes in discretionary consumer spending could reduce customer demand.

The company's information systems are subject to potential compromises and unauthorized access to confidential information and customer data. Future data security breaches could result in legal claims, regulatory investigations, and damage to reputation.

The company faces increasing competition from the expansion of legalized online gaming and betting, including its own operations. New competition from sports event trading as derivatives products is also a factor.

The company's properties compete with legalized gaming from casinos located on Native American tribal lands, which often have lower taxes or no taxes.

The company relies on third parties for essential services for its online betting and gaming business, including player account management, geolocation, and payment processing. Failures of these third parties could adversely affect the business.

Food and beverage expenses have increased mainly due to higher union and non-union wages. The company continues to focus on labor efficiencies to manage increased labor costs.

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

The company's business may be subject to fluctuations due to seasonality and other factors that could result in volatility and have an adverse effect on our operating results.

The company relies on Amazon Web Services (AWS) and other third-party technology, platforms, and services to deliver its online offerings. Any difficulties experienced by these providers may adversely affect the business.

The company's online business model depends on the continued compatibility between its apps and major mobile operating systems and upon third-party platforms for distribution of product offerings.

The growth of the company's digital business will require investments in online offerings, technology, and strategic marketing initiatives, which could be costly and negatively impact the economics of our online business.

The company issued $5.5 billion of aggregate principal debt to repay or extend the maturities of outstanding debt and made voluntary repayments of aggregate principal debt in the amount of $400 million using cash on hand. This indicates a focus on strengthening the balance sheet.

Board of directors authorized a $500 million common stock repurchase program, signaling confidence in the company's financial position and future prospects.

Estimated capital expenditures for 2025 are between $625 million and $750 million, with a focus on growth and renovation projects. This indicates a commitment to investing in the business for future growth.

The company takes a proactive approach to environmental sustainability through its CodeGreen strategy, established in 2007, striving to improve performance across energy and GHG emissions efficiencies, reduction of water consumption and increasing diversion of waste from landfills.

Caesars contributes to local communities through funding community projects, Team Member volunteering and cash donations from the Caesars Foundation. In 2024, the Caesars Foundation contributed $3.4 million to communities across the United States.

Caesars also maintains an Amended and Restated Gaming Compliance Plan (the “Plan”), which is approved by various gaming regulators. The Plan is designed to implement procedures to enhance the likelihood that no activities of the Company or any affiliate of the Company will impugn the reputation and integrity of Caesars.

The growth of the company's online betting and gaming business will depend on expansion of online betting and gaming into new jurisdictions and the ability to obtain required licenses.

The company's business is sensitive to reductions in discretionary consumer spending as a result of downturns in the economy and other factors outside our control.

The outbreak of pandemics and other public health matters and related impacts have had, and may once again have, a significant impact on the company's operations and results of operations.