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Industry Briefs
Harrah's Atlantic City Waterfront Conference Center Reaches Construction Milestone


Local and state officials along with Caesars Entertainment executives looked on as the Harrah's Atlantic City Waterfront Conference Center had its final steel beam signed and installed October 22, marking a significant step toward the building's completion. The $125.8 million meetings facility connected to Harrah's Atlantic City will be crucial in ensuring a successful future for Atlantic City when it opens in August 2015, officials said.

"There are so many Fortune 500 companies in the area that do large product launches and have national sales meetings and are forced to go to Dallas or Orlando or Las Vegas. These are all fine destinations but we want to see them be able to stay here at home in the fine state of New Jersey," said Michael Massari, Caesars Entertainment senior vice president of National Meetings and Events.

Harrah's Waterfront Conference Center will be the largest convention center-hotel complex from Baltimore to Boston with its two 50,000-sq. ft. ballrooms. The ballrooms can be divided into up to 29 individual sections and will offer state-of-the-art, technologically advanced meetings space that can be utilized by up to 5,000 attendees. In addition, Harrah's Atlantic City offers over 2,500 hotel rooms that will be directly accessible from the meeting space, making it the perfect year-round destination where attendees can eat, sleep and meet all in one location.

Approximately a third of the United States population lives within driving distance of Atlantic City, and the Northeast captures $16 billion of the nation's meetings and conventions, yet Atlantic City currently only captures one percent of that business. With the new facility opening in 2015, Harrah's Atlantic City offers a new experience that will make the city more attractive to meeting planners.

"This is a great day for Atlantic City," said New Jersey Senate President Stephen Sweeney. "Atlantic City has a phenomenal future…Atlantic City hasn't seen its best days yet. Atlantic City's best days will be as a resort again."

About Meetings and Events at Caesars Entertainment Corporation

The world's most geographically diversified casino-entertainment company, 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 nearly 40 properties in 20 unique destinations, with 1.5 million square feet 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

Caesars Entertainment Corporation (CEC) is the world's most diversified casino-entertainment 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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