Caesars Entertainment Extends Partnership with Guy Fieri

LAS VEGAS, May 28, 2014 /PRNewswire/ -- Caesars Entertainment today announced the company is expanding its relationship with chef, restaurateur, New York Times best-selling author and Emmy award-winning television host, Guy Fieri. On the heels of the opening of Guy Fieri's Vegas Kitchen & Bar at The Quad Resort & Casino in Las Vegas, Fieri is now set to launch three new concepts with the gaming-hospitality company in Atlantic City, Baltimore and Laughlin, Nevada.

"Guy's restaurants and menus are innovative, fun and his guests enjoy exceptional service combined with an entertaining experience. His style of hospitality could not be a better fit for the desires of our guests," said Tom Jenkin, Caesars Entertainment Global President of Destination Markets. "Guy's restaurant with us in Las Vegas has received rave reviews and we're thrilled to extend our partnership with him so that our guests across the country can enjoy his cuisine."

The three new restaurants, all slated to open later this year, will be located at Bally's Atlantic City, Horseshoe Baltimore and Harrah's Laughlin. Each concept will be unique and the menu adapted to highlight a regional focus. Fieri's Bally's Atlantic City location will offer a new unique twist on the classic steakhouse while Horseshoe Baltimore and Harrah's Laughlin will feature some of Guy's most popular dishes along with regional favorites.

"It is an honor to play with a championship team," said Fieri. "Getting the opportunity to open one restaurant with Caesars was great, but opening three more, in the same year, is amazing!"

For more information about Guy Fieri's Vegas Kitchen & Bar and to learn more about Fieri's latest concepts with Caesars, visit Caesars.com.

About Guy Fieri
Guy Fieri, chef, restaurateur, New York Times Best-Selling author and Emmy Award-winning host began his love affair with food at the age of ten, selling soft pretzels from a three-wheeled bicycle cart he built with his father called "The Awesome Pretzel." By selling pretzels and washing dishes, Guy earned enough money in six years to study abroad as an exchange student in Chantilly, France. There he gained a profound appreciation for international cuisine and the lifestyle associated with it. In 1996, Guy launched his culinary career with the opening of Johnny Garlics, his first restaurant based in his hometown of Santa Rosa, California with business partner Steve Gruber. Since the opening of the first Johnny Garlics, Guy has gone on to create a culinary empire as a popular TV host, chef of seven acclaimed restaurants and New York Times Best-Selling cookbook author. In 2006, Guy Fieri premiered his first show, Guy's Big Bite on Food Network. Today, this "Culinary Rock Star" also hosts top-rated shows including Diners, Drive-Ins and Dives, Guy's Grocery Games and guest judges on Next Food Network Star. Guy also collaborates with Rachael Ray in the star studded competition series, Rachael vs. Guy: Celebrity Cook-off and Rachael vs. Guy: Kids. Guy attended University of Nevada Las Vegas, where he graduated with a bachelor's degree in Hospitality Management. Fieri, most recently, was awarded an honorary doctorate from UNLV for his public service and commitment to the university.

About Caesars Entertainment
Caesars Entertainment Corporation is the world's most geographically diversified casino-entertainment company. Since its beginning in Reno, Nevada, more than 75 years ago, Caesars has grown through development of new resorts, expansions and acquisitions, and now operates casinos on four continents. The company's resorts operate primarily under the Harrah's®, Caesars® and Horseshoe® brand names. 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 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.

About Horseshoe Casino Baltimore
Horseshoe Baltimore, being developed by CBAC Borrower, LLC, is located along Russell Street on Baltimore's south side. As a city-integrated casino, it is designed to maximize connectivity with existing hospitality operators, neighboring sports venues M&T Bank Stadium and Oriole Park at Camden Yards, and the city's famed Inner Harbor. When complete, the casino will employ 1,700 team members and house 2,500 video lottery terminals, 100 table games and a 25-table World Series of Poker-branded poker room amid 122,000 square feet of gaming space.

About CBAC Borrower, LLC
CBAC Borrower, LLC is indirectly owned and controlled by Caesars Growth Partners, LLC (CGP), a joint venture between Caesars Entertainment Corporation and Caesars Acquisition Company, together with a world-class consortium of partners consisting of Rock Gaming LLC; CVPR Gaming Holdings, LLC; STRON-MD and PRT TWO, LLC boasting unmatched expertise and a proven track record in gaming development and operations, entertainment, capital management and urban development and renewal.

For more information, please visit www.caesarsacquisitioncompany.com.

Forward-Looking Statements
This release 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. These statements contain words such as "may," "will," "project," "might," "expect," "believe," "anticipate," "intend," "could," "would," "estimate," "continue," "pursue," or the negative or other variations thereof or comparable terminology. In particular, they include statements relating to, among other things, the planned opening of the new Guy Fieri restaurants and future actions, new projects and strategies. These forward-looking statements are based on current expectations and projections about future events.  Investors 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 of Caesars may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include the factors described from time to time in the Company's reports filed with the Securities and Exchange Commission (including the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" contained therein).

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SOURCE Caesars Entertainment