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Caesars Entertainment Announces New Domestic Partner Benefits and Releases Ninth Annual Corporate Social Responsibility Report

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Caesars Entertainment Releases Ninth Annual Corporate Social Responsibility Report, PEOPLE PLANET PLAY. (PRNewsfoto/Caesars Entertainment Corporati)
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Key Highlights of PEOPLE PLANET PLAY Report Include Delivering $7.6 Billion in Economic Value for Communities, Progress in Employee Wellbeing, Climate Mitigation Goals and Responsible Gaming

LAS VEGASAug. 9, 2018 – Caesars Entertainment Corporation (NASDAQ:CZR), the world’s most diversified gaming and entertainment company, today announced domestic partner benefits for its team members, beginning in 2019. The company also released its ninth annual corporate social responsibility (CSR) report, PEOPLE PLANET PLAY, highlighting sustained progress against the company’s CSR goals in 2017 and the early half of 2018, and its continued commitment to its employees, suppliers and communities.

“The ninth annual report highlights Caesars Entertainment’s leadership in areas important to our company and society,” said Mark Frissora, President and CEO of Caesars Entertainment. “As we expand our presence internationally, we are finding that PEOPLE PLANET PLAY is a core driver of value and a differentiator in new markets. It demonstrates that we continue to make new and exciting commitments to further enhance the value we bring to our guests, team members and communities.”

PEOPLE PLANET PLAY
PEOPLE PLANET PLAY is the company’s guiding CSR framework, encompassing plans, initiatives and programs to advance the way Caesars Entertainment and its affiliates (“Caesars”) make an increasingly positive impact in society.

PEOPLE: SUPPORTING THE WELL-BEING OF OUR TEAM MEMBERS, GUESTS AND LOCAL COMMUNITIES
In alignment with its mission to create an inclusive culture, Caesars is introducing new domestic partner benefits to team members beginning in 2019. The updated benefits widen Caesars’ offering to new and current employees by enhancing the opportunities for same sex as well as opposite sex domestic partners. Benefits include medical, dental and vision plan options, short and long-term disability, life insurance and a selection of other voluntary benefits.

“Caesars Entertainment is committed to diversity, equity and inclusion and strives to treat our employees equally,” said Jan Jones Blackhurst, Executive Vice President of Public Policy and Corporate Responsibility for Caesars Entertainment. “We know our team members perform best when they can feel confident and know that their loved ones are well-cared for. This new offering is a reflection of the tremendous diversity found in our 65,000 team members worldwide.”

Caesars’ commitment to long-lasting, positive societal impact on the communities in which it serves was recently recognized by Civic 50, a Points of Light initiative. This is Caesars’ fourth year on the list and its third time as the leader of the consumer discretionary industry.

Delivering Value
In the past five years, Caesars has generated $48 billion in economic value benefiting employees (wages and benefits), suppliers (payment for goods and services), government bodies (taxes and licenses) and communities (giving and volunteering), including $7.6 billion in 2017. Caesars contributed three times more to its communities per dollar of revenue earned in 2017 than the average U.S. corporation.

Diversity, Equity & Inclusion (DEI)
Caesars continues to advance equity across all divisions of the enterprise:

  • In 2017, Caesars announced a goal to achieve gender equity in leadership roles by 2025.
  • In 2017, 32 percent of managers were people of color, 4 percentage points higher than the national average of 28 percent.
  • Caesars recognizes the benefits that diverse suppliers bring to our business and increases our procurement spend each year with minority and women-owned or disadvantaged business enterprises. Since 2011, our spend with third party certified diverse suppliers has grown from 5.8 percent of addressable spend to 16.7 percent last year, much higher (39 percent) than other participants in the Diversity Best Practices Inclusion Index.

Employee Wellbeing
Caesars continued to invest in employee engagement, development and wellbeing in 2017:

  • Caesars’ award-winning Wellness Rewards program saved employees a total of more than $30 million in 2017.
  • Caesars Entertainment was ranked as the #1 gaming company on Glassdoor as of the end of 2017. Seventy percent of team members posting on Glassdoor would recommend the company to a friend (November 2017).
  • Eighty-two percent of team members agree with the following statement: “I like when my company takes a public stand supporting the natural environment, equality of all people or other societal issue.”

PLANET: TAKING CARE OF THE WORLD WE ALL CALL HOME
In 2018, Caesars advanced its commitment to environmental stewardship by achieving approval from the Science Based Targets initiative (SBTi) for targets that are aligned with the level of decarbonization required to keep global temperature increase below 2 degrees Celsius.

Caesars committed to reducing absolute Scope 1 and 2 emissions 30% by 2025 and 95% by 2050 from a 2011 baseline. Caesars also set a Scope 3 target to have 60% of suppliers commit to their own science-based targets by 2023. With these goals, Caesars leads the gaming-entertainment industry and aligns with the small number of corporations around the world that have publicly committed to science-based targets.

Leadership Performance in Water, Climate Change and Supplier Engagement
Caesars’ company-wide environmental strategy, CodeGreen, continues to lead the industry and the corporate sector in general. Caesars is one of only 55 companies worldwide to achieve an A or A- score in three CDP rankings; the company was included in the Water A List and ranked A- for climate change disclosure and A- for supplier engagement.

PLAY: LEADING RESPONSIBLE GAMING PRACTICES IN THE INDUSTRY & CREATING MEMORABLE GUEST EXPERIENCES

Responsible Gaming
Caesars established the gaming industry’s first responsible gaming efforts almost 30 years ago. For 15 years, the Company has deployed Responsible Gaming Ambassadors at each property; there are currently 880 Responsible Gaming Ambassadors across North American casinos.

  • In 2017, more than 52,500 employees took part in more than 71,000 hours of Responsible Gaming training.
  • Caesars has set a target for 100 percent of employees who receive Responsible Gaming training to say they feel empowered to proactively report Responsible Gaming concerns at Caesars by 2020.

Creating Memorable Guest Experiences
With a mission of inspiring grown-ups to play, Caesars creates memorable guest experiences, from live entertainment and fine dining to exciting new gaming technologies.

  • Caesars continues to expand its global reach by bringing renowned hospitality, dining and entertainment experiences to Meraas’ Bluewaters Island Development with the first two non-gaming Caesars resorts expected to open later this year. Additionally, the Company plans to open a non-gaming Caesars Palace luxury resort along the coast of Puerto Los CabosBaja, Mexico.
  • Gwen Stefani’s new Las Vegas Residency, “Gwen Stefani – Just a Girl” at Planet Hollywood Resort & Casino adds to Caesars’ more than 10,000 live entertainment shows annually.

For more information on Caesars’ Corporate Citizenship, please follow @CitizenCaesars on Twitter or Facebook and visit the Corporate Citizenship blog at www.caesarscitizenship.caesarsblogs.com.

About Caesars Entertainment
Caesars Entertainment is the world’s most diversified casino-entertainment provider and the most geographically diverse U.S. casino-entertainment company. Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions and its portfolio of subsidiaries now operate 49 casinos in 13 U.S. states and five countries. Caesars Entertainment and its affiliates operate primarily under the Caesars®, Harrah’s® and Horseshoe® brand names. Caesars Entertainment’s portfolio also includes the Caesars Entertainment UK family of casinos. Caesars Entertainment is focused on building loyalty and value with its guests through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership. Caesars Entertainment is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. For more information, please visit www.caesars.com.

Forward-Looking Statements
This release includes “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. You can identify these statements by the fact that they do not relate strictly to historical or current facts and by the use of words such as “expect,” “plans,” or “continue,” or the negative or other variations thereof or comparable terminology. These forward-looking statements are based on current expectations and projections about future events.

You are cautioned that forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that cannot be predicted or quantified and, consequently, the actual performance and results of Caesars may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, prevailing economic conditions from time to time, receipt of necessary approvals, and may include other factors described from time to time in Caesars’ reports filed with the SEC.

You are cautioned to not place undue reliance on these forward-looking statements, which speak only as of the date of this document. Caesars undertakes no obligation to publicly update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, except as required by law.

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Gambling in the USA

Nebraska’s First Permanent Casino to Open in May in Columbus

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Nebraska’s first full-fledged, newly built and state-sanctioned gambling casino is slated to open in Columbus next month, marking a milestone in the state’s rollout of casino gambling.

The Nebraska Racing and Gaming Commission last Friday approved a target opening date of May 13 for Harrah’s Columbus.

“This is a big deal,” commission Chairman Dennis Lee said.

The state’s three other casinos are open, but in temporary facilities. According to construction schedules, all should be open by early next year.

“We’re definitely excited to open the first permanent casino in the state,” said Don Ostert, Harrah’s Columbus general manager.

The 17,000-square-foot casino floor will feature 400 slot machines and 11 live table games, including roulette and craps, Ostert said. It will feature a Brew Brothers restaurant and will offer Caesar’s sportsbook and racebook, Ostert said.

For racing fans, the complex will feature the state’s only 1-mile horse track, though racing isn’t scheduled to begin until August 16. By June, officials hope to have some horses out on the track to test the new surface.

Ostert said officials hope to draw customers from Norfolk and Grand Island, but also from Omaha and Lincoln.

Columbus Mayor James Bulkley said that, from the city’s standpoint, “we are very excited to see it get started and become part of the community.”

The developers incorporated some Columbus history into the casino, he said.

“The location where it is used to be called Wishbones, and it was a venue for years for entertainment, and so people recognize that name, and they have kept that name for the sports bar,” he said.

He expects the casino will draw from Omaha. Although driving to Columbus from downtown Omaha might take close to an hour and a half, the drive from west Omaha is more like an hour, he said.

“I can hit Elkhorn in a short hour today, which is now western Omaha,” he said.

In a few months, Omahans won’t have to leave town to visit a brand-new casino.

At Horsemen’s Park in Omaha, Warhorse Gaming officials are aiming to open their new casino in early August. It will open with 900 gaming positions, including table games and a Sweetwater Cafe.

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Gambling in the USA

Gaming Americas Weekly Roundup – April 15-21

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Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.

Latest News

Caesars Entertainment announced that the Caesars Sportsbook Mississippi app is accepting mobile sports bets at Harrah’s Gulf Coast in Biloxi, Mississippi. Sports fans 21 and older who are interested in wagering on sports via mobile devices can download the Caesars Sportsbook Mississippi app to register and deposit statewide but must be physically present on-property at Harrah’s Gulf Coast to wager.

The Office of Lottery and Gaming (OLG) has announced that FanDuel’s sports betting app and website has officially launched. This development will introduce FanDuel’s sports wagering platform to District residents and visitors, completely replacing the current GambetDC sports betting app and website.

eCOGRA has been officially authorised by the Secretaria De Prêmios e Apostas (SPA) to operate as a certifying entity for betting systems, live gaming studios and online games in Brazil. This announcement marks a significant milestone as eCOGRA continues to extend its international offering of iGaming testing, inspection and certification (TIC) services in regulated markets across the globe.

Jennifer Shatley, a recognised expert in the field and a highly sought speaker and advisor, has joined the Responsible Online Gaming Association (ROGA) as Executive Director. Shatley has had 25+ years worth of experience, working closely with the treatment community, academics, researchers, government bodies, state councils and gaming industry representatives to promote responsible gaming.

Odditt, a leading provider of innovative sports betting data, tools and analytics, has appointed Elaine Milardo as its new Chief Technology Officer (CTO). With over 25 years of experience in the data industry and key roles at DraftKings and Vistaprint, Elaine brings a wealth of expertise to Odditt’s growing team.

Partnerships

Trustly, the global leader in Open Banking Payments, and Light & Wonder, the leading cross-platform global games company, are bringing cashless, in-person deposits to casino floors with Light & Wonder’s cashless solution, RAPIDPLAY. Building on Trustly’s success with guaranteed payments in online sports betting and iGaming, Trustly will deliver the same seamless, quick and secure online payment experience to the physical casino floor.

Fintech company Sightline has entered into an exclusive partnership with compliance and anti-fraud technology solutions leader GeoComply to bolster the security and efficiency of digital transactions within the regulated gaming industry. Sightline will integrate GeoComply’s cutting-edge IDComply identity verification solution as well as GeoComply’s compliance-grade geolocation tools across its comprehensive suite of digital payment solutions for land-based casinos and online gaming operators.

BetMGM has announced a partnership with GameCode, a distinguished iGaming company focused on the North American market. The partnership includes the launch of Boom Boom Boom, HammerCash, Gold Gold Gold and Super3 series which are now live at BetMGM in Michigan and New Jersey through direct integration. BetMGM plans to offer GameCode’s full portfolio of games in all jurisdictions where the operator’s iGaming platform is live pending regulatory approvals.

SCCG Management has announced a joint venture investment with Numb3rs, an innovative all-in-one payment solution provider built for gaming operators. The partnership aims to transform the gaming sector by integrating Numb3rs’ proprietary tech stack, ECRYPT, into the marketplace, thereby offering a comprehensive suite of payment processing solutions.

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Gambling in the USA

Gaming Americas Weekly Roundup – April 8-14

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Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.

Latest News

FanDuel Group, the premier online gaming company in North America and an Official Partner of Churchill Downs Inc., announced five time Entertainer of the Year Luke Bryan and Grammy award-winning R&B singer Ne-Yo as the headlining performers at FanDuel’s inaugural Kentucky Derby Party. The exclusive, invite-only event will take place on Friday, May 3 at Paristown Arts and Entertainment District in Louisville, Kentucky from 7:00 PM to 12:00 AM.

TPI, a leading provider of innovative player communication solutions for the casino industry, has appointed Joe Tingson as its new Vice President of Customer Success. With his unparalleled dedication to his customers, Joe will play a pivotal role as a leader for our digital Customer Success and Product teams.

PrizePicks, the largest daily fantasy sports operator in North America, has announced plans for its new 33,000 square foot Atlanta Headquarters, which will be located in the Star Metals Building in Midtown Atlanta. The company plans to grow its workforce by 1000 new jobs over the next seven years, the economic impact of which will be $25M to the state of Georgia.

Century Casinos Inc. has announced that it opened its hotel in Cape Girardeau, Missouri, The Riverview. The Riverview is a 69 room, six-story building with 68,000 square feet that is adjacent to and connected with Century Casino Cape Girardeau. The project cost $30.5 million and was financed with cash on hand.

Churchill Downs Incorporated (CDI) has announced the opening of Terre Haute Casino Resort in Terre Haute, Indiana. The $290 million investment includes a casino floor with 1000 slot machines, 36 table games, and a state-of-the-art sportsbook. The 400,000-square-foot entertainment venue also features regionally inspired bars and restaurants including: Four Cornered Steakhouse, Rockwood Bar & Grill, The Soda Shoppe, Crossroads Center Bar and High Limit Bar.

Bragg Gaming Group Inc., a global B2B gaming technology and content provider, announced that Chief Financial Officer (CFO), Ronen Kannor, has notified Bragg’s board of directors (Board) that he will resign from his position to pursue other career opportunities, effective June 3, 2024. The Company confirms that the search for a replacement CFO has commenced.

Partnerships

EQL Games has partnered with global aggregation leader and NeoGames company, Pariplay, to provide the Virginia Lottery, through an agreement with NeoPollard Interactive, with a series of eInstant iLottery games for their industry-leading digital platform.

JACK Entertainment LLC announced the selection of Konami Gaming Inc.’s SYNKROS to power industry-leading systems technology across its 1.5 million square feet of casino entertainment space. The Ohio-based gaming operator’s portfolio includes a combined 2600+ gaming machines and 85 table games at JACK Cleveland Casino in downtown Cleveland, and at JACK Thistledown Racino, located approximately 10 miles to the southeast.

PrizePicks, the largest daily fantasy sports operator in North America, announced that the company has reunited with the Atlanta Braves as the club’s Official Daily Fantasy Sports Partner for the 2024 season. The partnership extends a longstanding relationship that dates back to 2020, with the two Atlanta-based companies continuing to work together on unique opportunities for their dedicated fans.

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