Caesars Digital's profit rose 57% in what is likely Caesars' last quarter as a public company, while Las Vegas profit fell and the group's net loss more than doubled. The online unit is earning more even as its estimated share of US online casino and sports betting shrinks.
Caesars Entertainment’s online arm grew profit in a quarter when much of the group went the other way. Caesars Digital’s revenue rose 4.8% to $326 million in the third quarter of 2026. The company held no earnings call because Fertitta Entertainment’s purchase is still pending. These are likely the last results Caesars will report as a public company.
Unlike the second quarter, this quarter brought year-over-year profit growth for the digital unit. Digital adjusted EBITDA had fallen in the second quarter to $68 million from $80 million a year before. In the first quarter, the segment set first-quarter records of $374 million in revenue and $69 million in adjusted EBITDA.…