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Caesars sees FY25 capital expenditures $600M

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Says occupancy and cash ADR were both down slightly. Says posted record iGaming quarter. Says Vegas was versing difficult comp with Super Bowl last year. Says do not see any consumer softness that investors seem to be worried about. Says forward bookings still look quite strong. Says at capital spend inflection point. Says in free cash flow harvesting mode. Says 2025 will be record year for group with particular strength in Q4. Says 2026 will be another record year for group with particular strength in Q1. Comments and guidance taken from Q1 earnings conference call.

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