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(April 24, 2018)

Caesars Entertainment Announces Plan to Invest $85 Million at Horseshoe Southern Indiana

Investment represents ongoing commitment to Southern Indiana

Caesars Entertainment Corporation (NASDAQ: CZR) today announced plans to invest $85 million to enhance its Horseshoe Southern Indiana property. The project will move the casino floor onto land from its current riverboat location and create a 100,000 square foot, single-level facility that will include a casino, restaurants, entertainment venue and retail outlets.

“By moving the casino operations to a new building, we are able to give guests a fresh, new modern casino and an enhanced experience,” said Brad Seigel, Senior Vice President and General Manager of the property. “Integrating the food, entertainment and gaming outlets in one area builds upon the high quality-experience that guests expect from our property. We will continue to operate as normal during the renovation and welcome guests to take this journey with us over the next 18 months.”

The redesign of the space incorporates a modern feel to the casino with outdoor balcony spaces, a state-of-the-art ventilation system, and windows bringing natural light into the space. The project also includes renovations to the existing meeting and conventions space.

“We are proud of our 20-year history of operating in Indiana and the millions of dollars and hours of contributions we make to the local communities in which we work, live and play,” said Siegel. “This project further demonstrates our continued enthusiasm for and commitment to the State. We appreciate the Commission’s decision today and look forward to continuing our positive working relationships at the State and local level.”

More information will be available for guests on the property and on Horseshoe Southern Indiana’s website and social media pages.

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