Caesars Entertainment Corporation (NASDAQ:CZR) Files An 8-K Other Events

Item8.01 Other Events.

On May18, 2017, Caesars Entertainment Corporation (CEC)
will host an Analyst Day at which CECs senior management will be
using the presentation attached as Exhibit 99.1 (the
Presentation) to this report in connection with the
presentation to sell-side analysts. Those present at the Analyst
Day will also receive the data packet (the Data Packet)
attached as Exhibit 99.2 to this report. A video webcast of the
event will be available at 9:00 a.m. Pacific Daylight Time at
http://investor.caesars.com/ where the Presentation will also be
available. The webcast will be available under the Events
Presentations section of the website. In addition, on May18,
2017, CEC issued a press release (the Press Release) in
connection with the event, a copy of which is attached as Exhibit
99.3 to this report. The Presentation, Data Packet and Press
Release are incorporated into this Item 8.01 by reference.

Important Additional Information

to the Amended and Restated Agreement and Plan of Merger, dated
as of July9, 2016, between CEC and Caesars Acquisition Company
(CAC), as subsequently amended on February20, 2017 (as
amended, the Merger Agreement), among other things, CAC
will merge with and into CEC, with CEC as the surviving company
(the Merger). In connection with the Merger, on March13,
2017, CEC and CAC filed with the Securities and Exchange
Commission (SEC) a registration statement on Form S-4 that
includes a preliminary joint proxy statement/prospectus, as well
as other relevant documents concerning the proposed transaction.
The registration statement has not yet become effective. After
the registration statement is declared effective by the SEC, a
definitive joint proxy statement/prospectus will be mailed to
stockholders of CEC and CAC. Stockholders are urged to read the
registration statement and joint proxy statement/prospectus
regarding the Merger and any other relevant documents filed with
the SEC, as well as any amendments or supplements to those
documents, because they will contain important information. You
will be able to obtain a free copy of such joint proxy
statement/prospectus, as well as other filings containing
information about CEC and CAC, at the SECs website (www.sec.gov),
from CEC Investor Relations (investor.caesars.com) or from CAC
Investor Relations (investor.caesarsacquisitioncompany.com).

The information in this communication is for informational
purposes only and is neither an offer to purchase, nor a
solicitation of an offer to sell, subscribe for or buy any
securities or the solicitation of any vote or approval in any
jurisdiction to or in connection with the proposed transactions
or otherwise, nor shall there be any sale, issuance or transfer
of securities in any jurisdiction in contravention of applicable
law. No offer of securities shall be made except by means of a
prospectus meeting the requirements of Section10 of the
Securities Act of 1933, as amended, and otherwise in accordance
with applicable law.

CEC, CAC and their respective directors, executive officers and
certain other members of management and employees may be
soliciting proxies from CEC and CAC stockholders in favor of the
business combination transaction. Information regarding the
persons who may, under the rules of the SEC, be considered
participants in the solicitation of the CEC and CAC stockholders
in connection with the proposed business combination transaction
is set forth in the definitive proxy statement filed with the SEC
on April12, 2017 and Amendment No.1 to the Annual Report on Form
10-K for CACs fiscal year ended December31, 2016, filed on
March31, 2017, respectively. You can obtain free copies of these
documents from CEC and CAC in the manner set forth above.

Forward-Looking Statements

This filing 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 will, proposed, may, project or the negative or other
variations thereof or comparable terminology. In particular, they
include statements relating to, among other things, the emergence
from bankruptcy of Caesars Entertainment Operating Company, Inc.
(CEOC) and the expected timing thereof, future actions
that may be taken by CEC and others with respect thereto, the
completion of the Merger and projected results of operations.
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 CEC may
differ materially from those expressed or implied by such
forward-looking statements. Such risks and uncertainties include,
but are not limited to, the following factors, as well as other
factors described from time to time in our reports filed with the
SEC: CECs and CEOCs ability (or inability) to meet any milestones
or other conditions set forth in their restructuring support
agreements, CECs and CEOCs ability (or inability) to satisfy the
conditions to the effectiveness of the Third Amended Joint Plan
of Reorganization of CEOC and its Chapter 11 debtor subsidiaries,
CECs ability (or inability) to secure additional liquidity to
meet its ongoing obligations and its commitments to support the
CEOC restructuring as necessary, CECs financial obligations
exceeding or becoming due earlier than what is currently forecast
and other risks associated with the CEOC restructuring and
related litigation.

You are cautioned to not place undue reliance on these
forward-looking statements, which speak only as of the date of
this filing. CEC 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 filing or
to reflect the occurrence of unanticipated events, except as
required by law.

Item9.01 Financial Statements and Exhibits.

2

About Caesars Entertainment Corporation (NASDAQ:CZR)

Caesars Entertainment Corporation (Caesars) is a holding company. The Company offers casino-entertainment and hospitality services. It operates through three segments: Caesars Entertainment Resort Properties (CERP), Caesars Growth Partners Casino Properties and Developments (CGP Casinos) and Caesars Interactive Entertainment, Inc. (CIE). The Company’s facilities include gaming offerings, food and beverage outlets, hotel and convention space, and non-gaming entertainment options. In addition to its brick and mortar assets, it operates an online gaming business that provides social and mobile games offerings that utilize virtual currency, as well as real money games in certain jurisdictions. The Company owns CERP and an interest in Caesars Growth Partners, LLC (CGP). Through its consolidated entities, it owns and operates approximately 10 casinos in the United States, with over one million square feet of gaming space and over 23,000 hotel rooms.

Caesars Entertainment Corporation (NASDAQ:CZR) Recent Trading Information

Caesars Entertainment Corporation (NASDAQ:CZR) closed its last trading session up +0.15 at 11.15 with 2,913,897 shares trading hands.