Market is ‘healthier’ but Las Vegas revenue flat for Caesars Entertainment
By David Danzis
Published on April 29, 2026.
Caesars Entertainment Inc. reported $1 billion in net revenue from its Las Vegas properties in the first three months of 2026, according to financial filings with the U.S. Securities and Exchange Commission. The company's eight Las Vegas casinos and one non-gaming hotel generated $176 million in net income over the same period, a 0.6 percent year-over-year decline. Despite flat net revenues and decreased net income for Caesars in Las Vegas, strong group and convention traffic offset softer leisure demand. Hotel occupancy reached 95.3 percent in the quarter, with average daily room rates up 1 percent year over year. CEO Tom Reeg expressed satisfaction with the results, stating that Las Vegas is in a "healthier spot" than it was in mid-summer, while April was "softer" than anticipated due to low gaming hold.
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