FatDuck3
Oct 29, 10:07 PM
$JNUG $GLD $GDX $B $SLV
❌Strong Economy Rolls On: ❌
Net income declined by 40.2% & the company's net loss increased by 123.6% — more than doubling year over year.
➡️40.2%‼️ decline in Las Vegas net income.
➡️123.6%‼️ increase in the company's net loss.
➡️9.5% decline in Las Vegas adjusted EBITDA.
Caesars is in deep decline
2023
$74 million profit
2024
$9 million loss
2025
$55 million loss
➡️2026
$123 million loss
They are now losing
$1.3 million a day
Caesars Las Vegas reported net income of just
$79 million for the quarter, down from
$132 million during the same period last year.
That’s a pretty significant drop in profitability.
But it gets worse when you look at the company as a whole.
Caesars Entertainment reported a net loss of
$123 million for the third quarter of 2026. Compare that to a
$55 million loss in the third quarter of 2025.
Hold on was tight as you can folks because we are all in for some bad road ahead
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