RESTRUCTURING STATUS REPORT

On January 15, 2015, Caesars Entertainment Operating Company (“CEOC”), a subsidiary of Caesars Entertainment that owns and operates many of the properties in the Caesars Entertainment network, voluntarily filed for reorganization under Chapter 11 of the United States Bankruptcy Code.

On January 17, 2017, CEOC announced that the U.S. Bankruptcy Court for the Northern District of Illinois confirmed CEOC’s Plan of Reorganization (the “Plan”), paving the way to conclude CEOC’s court-supervised restructuring process in 2017.

Under the terms of the Plan, CEOC will emerge from bankruptcy, separating virtually all of its U.S. based real property assets from its gaming operations. Caesars Entertainment will continue to own and manage the gaming operations.  The real property assets will be held in a newly created real estate investment trust (“REIT”) owned by certain of CEOC’s creditors.

CEOC’s operations have continued uninterrupted throughout the financial restructuring process. All Caesars Entertainment properties, including those owned by CEOC, continue to remain open for business and operate in the ordinary course.

All properties continue to host meetings and events and provide the facilities, amenities and experiences that guests enjoy. Guests remain CEOC’s top priority and will continue to enjoy the same rich experiences and quality service they know and expect from the Company.

A list of properties owned and/or managed by CEOC is available at the following link: http://www.ceocrestructuring.com/properties.

Court documents pertaining to the Chapter 11 proceedings can be found through the Claims Agent website, http://cases.primeclerk.com/ceoc.

Certain disclosure regarding the CPLV Financing is available at this link.

Additional information is available under the restructuring tabs above. If you have further questions, please contact your usual company representative or:

Vendors and Suppliers: 844-762-7052 (weekdays from 6 am to 6 pm Pacific Time)
Media:  media@caesars.com
Claims Information and Court Documents: http://cases.primeclerk.com/ceoc

CAESARS PROPERTY LIST – All properties are open and operating normally

PROPERTIES INCLUDED IN CEOC CHAPTER 11 FILING
United States
  • Bally’s Atlantic City
  • Caesars Atlantic City
  • Caesars Palace Las Vegas
  • Harveys Lake Tahoe
  • Harrah’s Lake Tahoe
  • Harrah’s Reno
  • Harrah’s North Kansas City
  • Harrah’s Joliet
  • Harrah’s Metropolis
  • Harrah’s Council Bluffs
  • Horseshoe Council Bluffs
  • Horseshoe Hammond
  • Horseshoe Southern Indiana
  • Horseshoe Tunica
  • Tunica Roadhouse
  • Harrah’s Gulf Coast
  • Horseshoe Bossier City
  • Louisiana Downs
PROPERTIES EXCLUDED FROM CEOC CHAPTER 11 FILING
United States
  • LINQ Promenade and High Roller 1
  • Octavius Tower at Caesars Palace 1
  • Paris Las Vegas 1
  • Bally’s Las Vegas 1
  • The Cromwell 1
  • The LINQ Hotel & Casino 1
  • Planet Hollywood 1
  • Flamingo Las Vegas 1
  • Rio All-Suites Hotel
    & Casino 1
  • Harrah’s Las Vegas 1
  • Harrah’s Laughlin 1
  • Harrah’s Atlantic City 1
  • Harrah’s New Orleans 1
  • Horseshoe Baltimore 1
  • Harrah’s Ak-Chin 2
  • Harrah’s Resort Southern California 2
  • Harrah’s Cherokee 2
  • Harrah’s Philadelphia
  • Caesars Interactive Entertainment
International
  • The London Clubs
    Cairo-Ramses 2
  • Caesars Cairo 2
  • Caesars Windsor 2,3
  • Conrad Punta del Este
    Resort & Casino
  • Playboy Club London
  • The Sportsman
  • Rendezvous Brighton
  • Rendezvous Southend-on-Sea
  • Manchester235
  • The Casino at the Empire
  • Alea Glasgow
  • Alea Nottingham
  • Emerald Safari
Note: The tables above refer solely to properties that are owned and/or managed by a Caesars Entertainment unit. A list of all the legal entities included in CEOC’s Chapter 11 filing can be found in the First Day pleadings.

1. Properties owned by other Caesars Entertainment affiliated entities
2. Properties managed by CEOC but owned by a partner
3. The province of Ontario owns the complex through the Ontario Lottery and Gaming Corporation