Gambling in the USA
Caesars Provides Business Update Related to COVID-19 Impact

The ongoing COVID-19 public health emergency has prompted the temporary shutdown of Caesars Entertainment Corporation’s properties consistent with government or tribe-mandated directives around the world.
Given the uncertain duration of the property closures throughout the network, Caesars is temporarily moving to the minimum workforce needed to maintain basic operations. The Company furloughed employees as its properties were ordered closed. The furloughs are expected to impact approximately 90% of employees at its domestic, owned properties as well as its corporate staff. Those individuals who are furloughed remain employees of the Company throughout the furlough period.
“Given the closure of our properties, we are taking difficult but necessary steps to protect the company’s financial position and its ability to recover when circumstances allow us to reopen and begin welcoming our guests and employees back to our properties,” said Tony Rodio, Chief Executive Officer of Caesars Entertainment. “The Company entered this crisis with strong operating performance, which, combined with the steps we are taking now, are critical to the future of our company.”
As part of its efforts, Caesars is taking steps to support its team members through the effects of these difficult actions. The Company is paying furloughed employees for the first two weeks of the closure period and those employees can use their available paid time off after that. For furloughed employees enrolled in the Caesars health benefit plans, the Company is paying 100 percent of health insurance premiums through June 30, or their return to work, whichever comes sooner.
Further updates on the Company’s response to COVID-19 can be found at: https://www.caesars.com/corporate/coronavirus-guest-information.
About Caesars Entertainment:
Caesars Entertainment is one of the world’s most diversified casino-entertainment providers 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. Caesars Entertainment’s resorts 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/corporate.
SOURCE Caesars Entertainment Corporation
-
Bitcoin2 days ago
Crypto Casinos EU 2025 – Top 10 European Bitcoin Casino Sites (Updated List)
-
Latest News5 days ago
Best Crypto Casinos in 2025 – Top 10 Bitcoin Casino Sites, Rated by Experts
-
Africa5 days ago
VeliTech Announces Strategic Partnership with Jambobet
-
Compliance Updates5 days ago
KSPO K-Cycle & K-Motorboat Racing Holds Betting Integrity Sharing Agreement MOU Signing Ceremony with IBIA
-
Latest News5 days ago
Rainbet Promo Code 2025: GAMBLECS2 for 60 Free Spins No Deposit Bonus
-
Latest News6 days ago
Best Bitcoin & Crypto Casinos in Europe for 2025 (Top Picks)
-
Africa6 days ago
Rise & Hustle enhances platform with proprietary AI-powered Rise Core solution
-
eSports6 days ago
Team Liquid Win The Mobile Legends: Bang Bang Mid Season Cup at the 2025 Esports World Cup in a Thrilling Best-of-Seven Domination