Friday, September 18, 2015

Caesars Entertainment Corporation Celebrates The Grand Opening Of The Harrah's Resort Atlantic City Waterfront Conference Center




With bookings through 2019, the Harrah's Waterfront Conference Center brings the meetings
business and Atlantic City a new option for business travel
 Caesars Entertainment Corporation officially opened on Thursday, September 17thits Waterfront
 Conference Center at Harrah's Resort Atlantic City. The $125.8 million center's grand opening
 was celebrated with a ribbon cutting, fireworks and customer event. The Harrah's Waterfront
 Conference Center has already booked meetings and conventions through 2019.  Harrah's
 Resort Atlantic City is an indirect subsidiary of Caesars Entertainment Corporation (NASDAQ: CZR).
Caesars Entertainment officially opened Harrah's Atlantic City Waterfront Conference Center on Thursday, September 17th with a ribbon cutting ceremony. L-R: Michael Massari, Senior Vice President for National Meetings and Events, Caesars Entertainment; Mayor Donald A. Guardian (R), Mayor of Atlantic City; Senator Stephen M. Sweeney (D), Senate President, New Jersey's Third Legislative District; Gary Loveman, Caesars Entertainment Chairman; Mark Frissora, Caesars Entertainment President and CEO
Due to the addition of the conference center, there has been an increase of 90,000 advance 
room bookings for the upcoming 12 months at Harrah's Resort Atlantic City, compared to
 7,000 advance room bookings for the previous 12 months. The 97 confirmed meetings to date
 include Bradley Caldwell, Rita's Italian Ice and Meeting Professionals International's 2016
 World Education Congress.

The investment in the Harrah's Waterfront Conference Center comes at a time when there is
 significant demand for meetings facilities in the Northeast and no clear leader to serve the
 business traveler's needs. The 100,000 square foot state-of-the-art facility is now the largest
 conference-hotel complex from Baltimore to Boston, providing an attractive new option for the
 $280 billion national meetings industry that has a $16 billion foothold in the Northeast.
"The Waterfront Conference Center demonstrates our commitment to the revitalization of 
Atlantic City through major developments and investments in the booming meetings business," 
said Mark Frissora, President and CEO of Caesars Entertainment Corporation. "For Atlantic City,
 this is an opportunity to attract a new type of customer to the city and significantly increase
 hotel occupancy, as well as drive revenue for local restaurants, retail outlets and other businesses."

Designed by Friedmutter Group and located in Atlantic City's Marina District, the Harrah's
 Waterfront Conference Center can accommodate up to 5,000 attendees and has the flexibility
 to seamlessly convert from meetings, to banquets, to large assembly spaces. The 100,000 
square feet of flexible meetings space offers versatile area volume that can be broken down
 into 56 separate small meeting rooms with up to 300 different configurations – reception,
 banquet and pre-function space.

"We are excited to introduce Harrah's Resort Atlantic City Waterfront Conference Center as
 a major player in not only the Northeast, but the national meetings business," said Michael
 Massari, Senior Vice President of National Meetings and Events for Caesars Entertainment
 Corporation. "The state-of-the-art center is conveniently located within driving distance of
 one-third of the nation's population. Now, these convention goers can meet, eat and sleep
 all under one roof in a facility accompanied with dynamic hospitality offerings and amenities."

About Meetings and Events at Caesars Entertainment
Caesars Entertainment offers meeting and event planners one dedicated team, united nationwide,
 committed to providing the most successful meeting experiences possible. With one call or
 email, planners have access to 40 properties in 20 unique destinations, with 1.9 million sq. ft.
 of meeting space and more than 42,000 guest rooms. Mix and match properties and venues
 within a destination under a single contract and minimum. Enjoy elite perks, rewards and 
privileges with our Total Rewards Meeting Diamond Program. For more information,
 please visit www.CaesarsMeansBusiness.com .

About Caesars Entertainment Corporation
Caesars Entertainment Corporation (CEC) is the world's most diversified casino-entertainmen
t provider and the most geographically diverse U.S. casino-entertainment company. CEC is
 mainly comprised of the following three entities: the majority owned operating subsidiary
 Caesars Entertainment Operating Company, wholly owned Caesars Entertainment Resort 
Properties and Caesars Growth Properties, in which we hold a variable economic interest.
 Since its beginning in Reno, Nevada, 75 years ago, CEC has grown through development
 of new resorts, expansions and acquisitions and its portfolio of subsidiaries now operate 50
 casinos in 13 U.S. states and five countries. The Company's resorts operate primarily under
 the Caesars®, Harrah's® and Horseshoe® brand names. CEC's portfolio also includes the
 London Clubs International family of casinos. CEC 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. The Company is committed to
 environmental sustainability and energy conservation and recognizes the importance of being
 a responsible steward of the environment. For more information, please visit www.caesars.com.

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