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Caesars says further Canadian land-based expansion is not typically attractive

Deals & M&A

Caesars Entertainment chief executive Tom Reeg said the company was not typically interested in expanding into Canadian casino properties that are much smaller than Caesars Windsor. On a 17 February earnings call, he described Windsor as a unique case and said Caesars would take over its operation as an independent operator in March 2026.

The comments indicate Caesars is unlikely to pursue comparable Canadian land-based opportunities beyond Windsor.

End-of-day close Caesars Entertainment (CZR), USD, to 6 April 2026
Story date6 January 20266 April 2026

Latest reported results

Caesars Entertainment NASDAQ: CZR

Quarter ended 30 September 2026

Revenue
USD 2.94bn10-Q filing 0001590895-26-000033
Operating income
USD 457.0m10-Q filing 0001590895-26-000033

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Results

Caesars reports Q3 revenue of $2.9bn and net loss of $123m

Caesars Entertainment reported third-quarter revenue of $2.9bn, up 2.5% year on year, and a net loss of $123m. Its adjusted EBITDA was $865m, while Caesars Digital’s adjusted EBITDA rose to $44m from $28m in Q3 2025. Separately, reports say chief executive Tom Reeg will lead Fertitta Entertainment’s leisure operations after its planned acquisition of Caesars; the report says Caesars skipped its quarterly call while a definitive agreement is pending.

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