Thomas R. Reeg is Chief Executive Officer of Caesars Entertainment. He previously served as Chief Executive Officer of Eldorado Resorts, Inc. since January 2019 and was instrumental in spearheading the acquisition of Caesars Entertainment Corporation in 2020.
Mr. Reeg served as President of Eldorado Resorts, Inc. since September 2014, at which time he was also appointed to the Company’s Board of Directors. He also served as the Company’s Chief Financial Officer since March 2016. Mr. Reeg’s involvement with the Company dates back to 2007 when he joined the Board of Managers of Eldorado Resorts LLC. Recognized and respected as a leading industry strategist, Mr. Reeg was instrumental in negotiating, structuring and financing the Company’s growth strategy, including its acquisition of Eldorado Shreveport in 2005, its merger with MTR Resorts in 2014, and its subsequent accretive acquisitions, including the 2017 acquisition of Isle of Capri Casinos, Inc., the acquisition of Grand Victoria Casino in Elgin, Illinois and the acquisition of Tropicana Entertainment in 2018.
He was also instrumental in forging strategic agreements with The Cordish Companies to develop a new world-class, mixed-use entertainment and hospitality destination in Pompano, Florida, and William Hill PLC whereby William Hill US serves as Eldorado’s exclusive sports betting operator for a period of 25 years.
Prior to joining the company, Mr. Reeg was a Managing Director and portfolio manager at AIG Global Investment Group (“AIG”), from 2002-2005 where he was responsible for co-management of the high-yield mutual fund portfolios. Prior to his role at AIG, Mr. Reeg was a senior high-yield research analyst covering various sectors, including the casino, lodging and leisure sectors, at Bank One Capital Markets. Mr. Reeg holds a Bachelor of Business Administration in Finance from the University of Notre Dame.