Caesars Entertainment is considering a potential spin-off of its online betting business into a separate public company, as the current share price does not reflect the unit's value. The company reported $11.2 billion in revenue for 2024, but also faced a net loss of $278 million. Caesars Digital posted a Q4 EBITDA of $20 million, missing expectations by $16 million due to unfavorable sports results and promotional pullbacks. Despite these challenges, Caesars remains optimistic about digital growth, aiming for a 10%+ hold and $500 million in EBITDA by 2026. Analysts have mixed sentiments, with Macquarie maintaining an 'Outperform' rating and lowering the price target to $46, while Stifel Nicolaus reiterated a 'Buy' with a price target of $51. The overall gaming market in Nevada showed resilience, with casinos winning $1.44 billion in January, marking the second-highest monthly total ever, driven by a 22.5% increase in revenue on the Las Vegas Strip.