Caesars Leisure unveils plans for multimillion-dollar renovation

Caesars Entertainment on Tuesday announced plans for a multi-million dollar renovation of the original main entrance, main casino and porte-cochère at Caesars Palace on the Las Vegas Strip.

The company said in a press release that the project would begin in July and be completed by New Year’s Eve. The project will offer an “extravagant entrance area, newly designed play areas and a new lobby bar”. According to the company, the main entrance to the property will be completely rebuilt.

“Upon completion, guests will be greeted by a dramatic and soaring dome and barrel ceiling over a stunning 4.5-meter statue of Augustus Caesar,” the company said. “The project also includes two new state-of-the-art play pits that will flank the upgraded entrance, a beautiful new lobby bar, and a renovation of the property’s legendary vaulted table play floor.”

Sean McBurney, regional president of Caesars Entertainment, said the project involves “a complete redesign of our main entrance.”

“The complete remodeling of the main entrance to one of the world’s most famous travel destinations is not an easy task and we look forward to getting started and bringing our guests a stunning new visual reception,” said McBurney.

During construction July through December, there will be some changes to the property entrance at 3570 Las Vegas Blvd. South. They include:

– The main server on Las Vegas Boulevard South is only suitable for Caesars Rewards Diamond and Seven Star members.

– The Colosseum valet service (ground floor of the Caesars Palace car park on Frank Sinatra Drive) offers space for all valet guests.

– The pick-up and drop-off of ridesharing will be moved to the exit doors next to the Vanderpump Cocktail Garden.

– Express check-in / check-out kiosks for hotels will be set up at all available entrances.

Contact Glenn Puit via email at gpuit@reviewjournal.com. consequences @GlennatRJ on twitter.

Columbus Exposition and Racing Contracts With Caesars Leisure to Develop On line casino and Racetrack in Nebraska

Columbus, Neb., July 2, 2021 / PRNewswire / – Columbus Exposition and Racing (CER) and Caesars Entertainment, Inc. (NASDAQ: CZR) announced today that CER has appointed Caesars Entertainment to build and operate a Harrah’s casino and race track in. selected Columbus, Nebraska.

“We are happy to welcome Harrah’s Nebraska, “said Tom Jackson, Managing partner of CER. “When looking for a casino operating partner, Harrah’s brand awareness and established code of conduct was an easy choice with its employees, customers and the communities in which they operate, along with their excellent rewards program and marketing team, and strong entertainment network “and premium gaming experience are the right boxes for this partnership.”

Jackson continues, “As we work to create a new entertainment destination for the Midwest, this partnership will become a major economic engine and job creation for us Columbus and the surrounding communities. It also reinforces our commitment to the hard working people who participate in the Nebraska Horse racing industry. We look forward to bringing new gaming and entertainment experiences to our valued customers. ”

The approximate $ 75 million Casino development conveniently located on Highway 81 in Columbus, is expected to feature a new 1-mile horse race track, 40,000 square foot casino and sports betting with more than 400 slot machines and 20 table games, as well as a restaurant and retail space. Completion of the property is planned for the end of 2022.

“When Nebraska voters started racing on the racetrack, we knew that our experience in the casino industry combined with our dedication to horse racing made Harrah’s perfect,” said Harrah Tom Reeg, CEO of Caesars Entertainment. “We look forward to having a whole new Harrah’s experience in Columbus and connect it to our Caesars Rewards network across the country. “

“Beyond the beginning of casino gambling in Nebraska, we are excited about the opportunity to turn horse racing into Columbus, “said Joe Morris, Senior Vice President Racing at Caesars Entertainment. “The opportunity to build a new, first-class race track on our property shows our commitment to the racing industry and our intention to continue the region’s long-standing racing tradition.”

Live Horse Racing was part of the Columbus Community for more than 75 years. CER board members Tom Jackson, Dan Clarey, Russell Placzek, Chad Sucha and Dennis Hall have been running live racing and simulcasting in Ag Park since 2013. Columbus and the surrounding counties continue to support live racing with blanket races sponsored by local businesses, class reunions, and memorials.

About Columbus Exposition and Racing, Inc.
Columbus Exposition and Racing, Inc. (CER) was founded in 2013 and is not for profit Columbus Company dedicated to the future of horse racing Columbus and Nebraska.

About Caesars Entertainment, Inc.
Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino entertainment company in the United States and one of the world’s most diversified casino entertainment providers. Since its inception in Reno, NV, in 1937, Caesars Entertainment, Inc. has grown through new resort development, expansions, and acquisitions. Caesars Entertainment, Inc. resorts operate primarily under the brand names Caesars®, Harrah’s®, Horseshoe® and Eldorado®. Caesars Entertainment, Inc. offers a variety of gaming, entertainment and hospitality amenities, unique travel destinations, and a full range of mobile and online gaming and sports betting experiences. Tied to its industry-leading Caesars Rewards loyalty program, the company is focused on creating value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars is committed to its employees, suppliers, communities and the environment as part of its PEOPLE PLANET PLAY framework. Know When to Stop Before You Begin.® Gambling Problem? Call 1-800-522-4700. For more information, please visit. www.caesars.com/corporate.

SOURCE Caesars Entertainment, Inc.

Reveals closing at Caesars Leisure have an effect on Las Vegas

LAS VEGAS (KTNV) – Some live shows are not returning to the real estate operated by Caesars Entertainment in Las Vegas, leaving hundreds of workers unemployed.

This announcement came as a shock to many of the artists and crews working behind the scenes, but the impact extends well beyond these venues.

RELATED: Caesars Entertainment is Closing Smaller Venues and Ending Shows in Las Vegas

“It’s a little heartbreaking because it’s another roadblock to getting back on stage,” said Danielle Flahive, an actress with Crazy Girls, whose show has been canceled for the time being.

The X Rocks Vegas Show at Bally’s is gone for now, and co-producer Matt Stabile says the crew lost more than just their jobs.

“We vacillated after 7 years of openness and these girls became family members and close friends and then suddenly something is taken away from them. We’ll try to use them in our other productions, “said Stabile, who also produces X Burlesque at Flamingo and X Country at Harrah’s.

Meanwhile, the financial ramifications couldn’t just resonate with the performers, including many facets of running a theater show, including PR, marketing, administrative positions, and more.

Caesars Leisure received’t require absolutely vaccinated visitors or ‘Workforce Members’ to put on masks

LAS VEGAS (KLAS) – Caesars Entertainment does not require fully vaccinated guests or team members to wear a mask. Your decision will be made a day after the Centers for Disease Control and Prevention published new guidelines for the mitigation action.

Governor Steve Sisolak and the Nevada Gaming Control Board said they would also follow the recommendations.

Caesars Entertainment sent the following statement:

“Caesars Entertainment has strictly adhered to CDC, state, local and regulatory guidelines throughout the COVID-19 pandemic. According to the latest recommendations, our guests or team members who have been fully vaccinated are no longer required to wear a mask on our Nevada property. We ask our unvaccinated guests and team members to continue to adhere to the CDC and state mask mandates. The health and safety of our guests and team members remains our priority. We will continue to provide easy and convenient access to vaccination for team members, follow improved safety and cleaning protocols, and comply with all applicable CDC, government and regulatory guidelines. We continue to hope that by working together we can continue to move forward towards a full recovery. “

Caesars Leisure Returns to Full Capability Gaming Flooring in any respect Las Vegas Resorts

LAS VEGAS, May 12, 2021 / PRNewswire / – Caesars Entertainment announced today that the Nevada Gaming Control Board has approved the return to full occupancy of the casino’s nine floors with no social distancing Las Vegas Properties.

The change comes through a waiver by the Nevada Gaming Control Board recognizing that Caesars Entertainment has taken measurable and significant steps to vaccinate its workforce.

“The expansion to full capacity and the elimination of social distancing on our casino floors in Las Vegas is the result of our team members’ dedication to doing their part to put us all on the path to recovery, “he said Tom Reeg, CEO of Caesars Entertainment. “We are grateful to our team members who have chosen to vaccinate and will continue to provide incentives and easy access to vaccines for all of our team members in the field Las Vegas. While this shift is encouraging, we understand that the battle is not won, and it does so through an ongoing commitment to health and safety Las Vegas can bounce the fastest. “

Members of the Caesars Entertainment team must continue to wear masks at all times. Guests must wear masks unless they actively smoke, eat, or drink. Guests who have been fully vaccinated can remove their masks while sitting in any of the resort’s pool areas.

The features of Caesars Entertainment that will be converted to 100% fire protection capacity without social distancing without social distancing are:

  • Ballys Las Vegas
  • Caesars Palace Las Vegas
  • The Cromwell
  • flamingo Las Vegas
  • Harrahs Las Vegas
  • The LINQ Hotel + experience
  • Paris Las Vegas
  • Planet Hollywood Resort & Casino
  • Rio All-Suite Hotel & Casino

About Caesars Entertainment, Inc.

Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino entertainment company in the United States and one of the world’s most diversified casino entertainment providers. Since its inception in Reno, NevadaCaesars Entertainment, Inc. grew in 1937 through new resort development, expansions and acquisitions. Caesars Entertainment, Inc. resorts operate primarily under the brand names Caesars®, Harrah’s®, Horseshoe® and Eldorado®. Caesars Entertainment, Inc. offers a variety of amenities and unique destinations, with an emphasis on creating loyalty and value for its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. For more information, please visit www.caesars.com/corporate.

SOURCE Caesars Entertainment, Inc.

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Caesars Leisure donates $3.1M in parking charges to Southern Nevada nonprofit teams | Las Vegas Native Breaking Information, Headlines

LAS VEGAS (FOX5) – Caesars Entertainment announced this week that it has donated $ 3.1 million to nonprofits across southern Nevada from funds raised by the company’s paid parking lots.

According to a press release, the funds will go to nine organizations in the valley.

“The bulk of the funding will reduce critical needs for food and shelter, including major gifts of $ 1 million each to St. Jude’s Children’s Ranch and Catholic charities in southern Nevada,” the company said in the press release.

Caesars notes that the donation will allow Catholic charities to expand their vital meal on wheels delivery service and renovate their emergency shelter for the homeless. At St. Jude’s Children’s Ranch, funds will be used to build the organization’s first residential therapeutic center for children who are victims of sex trafficking.

The organizations that receive funding include:

  • Catholic Charities in Southern Nevada – $ 1 million
  • St. Jude’s Ranch for Children – $ 1 million
  • Cleanse the World – $ 300,000
  • Cleveland Clinic Lou Ruvo Brain Health Center – $ 200,000
  • The Las Vegas Shadow Tree – $ 200,000
  • The Goodie Two Shoes Foundation – $ 100,000
  • Kyas Smiles Foundation – $ 100,000
  • The Las Vegas Metropolitan Police Department Foundation – $ 100,000
  • Special Olympics Nevada – $ 100,000

The press release also notes that parking at Caesars’ Las Vegas resorts will remain free for Nevada residents with valid ID, registered hotel guests, and platinum and higher-rated Caesars Rewards loyalty members.

According to Caesars, all other guests have to park themselves at Caesars Palace, Ballys Las Vegas, Cromwell, Flamingo Las Vegas, Harrahs Las Vegas, LINQ Hotel + Experience and Paris Las Vegas.

According to the company, all guests entering Caesars’ parking garages are given a 60-minute grace period before parking fees apply. Parking in the Miracle Mile Shops of the Planet Hollywood Resort & Casino and in the Rio All-Suite Hotel & Casino is free for all guests.

Copyright 2021 KVVU (KVVU Broadcasting Corporation). All rights reserved.

Is Caesars Leisure (CZR) Inventory A Purchase or Promote?

Hedge funds and other institutional investors just filed their 13Fs with the Securities and Exchange Commission and announced their stock portfolios in late September. At Insider Monkey, we track nearly 900 active hedge funds and well-known investors. By analyzing their 13F filings, we can identify the stocks that they are overall bullish on. One of her favorites is Caesars Entertainment Inc. (NASDAQ:CZR), so let’s take a closer look at the mood in the current quarter.

Is Caesars Entertainment Inc. (NASDAQ:CZR) will take off soon? Prominent investors became less bullish. The number of long hedge fund positions has decreased by 3 in the last few months. Caesars Entertainment Inc. (NASDAQ:CZR) was in 71 hedge fund portfolios at the end of December. The all-time high for this statistic is 74. Our calculations have also shown that CZR is not one of them 30 Most Popular Stocks Among Hedge Funds (Click here for the Q4 ranking). At the end of the third quarter there were 74 hedge funds with CZR positions in our database.

The reputation of hedge funds as savvy investors has been tarnished over the past decade as their hedged returns have not kept up with the unhedged returns of market indices. Our research has shown that small-cap stocks of hedge funds managed to beat the market by double digits annually between 1999 and 2016, but the margin on outperformance has declined in recent years. Still, we were able to identify a select group of hedge fund holdings in advance that outperformed the S&P 500 ETFs by 124 percentage points since March 2017 (Details can be found here). We were also able to pre-identify a select group of hedge fund holdings that underperformed the market by 10 percentage points annually between 2006 and 2017. Interestingly, the underperformance margin of these stocks has increased in recent years. Investors who have been in the market for a long time and sell these stocks would have achieved an annual return of more than 27% between 2015 and 2017. We have been tracking and sharing the list of these stocks in our quarterly newsletter since February 2017.

The story goes on

Robert Pohly of Samlyn Capital

At Insider Monkey, we leave no stone unturned when looking for the next great investment idea. Recently, Oregon became the first state to legalize psychedelic mushrooms, which in early-stage academic studies showed promising results in the treatment of depression, addiction, and PTSD. So let’s check this out Psychedelic Drug Stock Idea right now. We go through lists like 10 best hydrogen fuel cell stocks to pick the next Tesla that delivers a 10x return. While we recommend positions in only a tiny fraction of the companies we analyze, we review as many stocks as possible. We read investor letters from hedge funds and listen to stock prices at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage (or at the end of this article). Now let’s take a look at the top hedge fund actions that Caesars Entertainment Inc. (NASDAQ:CZR).

Do Hedge Funds Think CZR is a Good Stock to Buy Now?

At the end of December, a total of 71 of the hedge funds tracked by Insider Monkey were long in this stock, a change of -4% from the previous quarter. Below you can read about the change in hedge fund sentiment towards CZR over the past 22 quarters. As smart money capital changes hands, there is a select group of notable hedge fund managers who have significantly increased their holdings (or have already accumulated large positions).

Is CZR a Good Stock to Buy?

Is CZR a Good Stock to Buy?

When looking at institutional investors, followed by Insider Monkey, Canyon Capital advisor, managed by Joshua Friedman and Mitchell Julis, holds the largest position in Caesars Entertainment Inc. (NASDAQ: CZR). Canyon Capital Advisors has a position of $ 225.1 million in the stock, which represents 9.7% of its 13F portfolio. In second place is Jericho Capital Asset Management, managed by Josh Resnick, with a position of $ 91.7 million. 2.2% of the 13F portfolio is allocated to the share. Some other hedge funds and institutional investors with similar optimism include Robert Pohly’s Samlyn Capital and Roberto Mignone Bridger Management and Glen Kachers Light Street Capital. In terms of the portfolio weights assigned to each position, Lafitte Capital Management assigned the largest weight to Caesars Entertainment Inc. (NASDAQ: CZR) at approximately 35.58% of its 13F portfolio. Toscafund Asset Management is also relatively bullish on the stock, providing 13.59 percent of its 13F stock portfolio to CZR.

Judging by the fact that Caesars Entertainment Inc. (NASDAQ: CZR) has faced a deterioration in sentiment across all of the hedge funds we tracked, we can see that some money managers dropped their entire stake in the last quarter. Interestingly, Dan Loebs third point sold the largest portion of Insider Monkey’s tracked “upper crust” funds valued at approximately $ 56.1 million. Robert Emil Zoellner’s fund, Alpine Associates, also sold its shares for around $ 43.5 million. These bearish behaviors are interesting given that overall interest in hedge funds was dropped by 3 funds in the last quarter.

Let’s also examine hedge fund activity in other stocks – not necessarily in the same industry as Caesars Entertainment Inc. (NASDAQ: CZR), but similarly valued. These stocks are CarMax Inc (NYSE:KMX), Shinhan Financial Group Co., Ltd. (NYSE:SHG), Waters Corporation (NYSE:WHAT), Hewlett Packard Enterprise Company (NYSE:HPE), Citizens Financial Group Inc (NYSE:CFG), 10x Genomics, Inc. (NASDAQ:TXG) and Celanese Corporation (NYSE:THIS). The market valuations of this group of stocks come closest to the market valuation of CZR.

[table] Ticker, number of HRs with positions, total value of HR positions (x1000), change in HR position KMX, 46.1485714, -8 SHG, 7.27734.3 WAT, 30.1993478, -2 HPE, 30.923308 , -4 CFG, 38.453830.2 TXG, 33.745283.2 CE, 33.997491.7 average, 31.946691.0 [/table]

View table here When formatting problems occur.

As you can see, these stocks had an average of 31 hedge funds with bullish positions and the average amount invested in these stocks was $ 947 million. That figure was $ 1,439 million in the case of CZR. CarMax Inc (NYSE:KMX) is the most popular stock in this table. On the other hand, Shinhan Financial Group Co., Ltd. (NYSE:SHG) is the least popular with only 7 bullish hedge fund positions. Compared to these stocks, Caesars Entertainment Inc. (NASDAQ: CZR) is more popular with hedge funds. Our overall hedge fund sentiment for CZR is 80.8. Stocks with a higher number of hedge fund positions relative to other stocks and relative to their historical range receive a higher sentiment score. Our calculations have shown that Top 30 most popular stocks Hedge funds returned 81.2% in 2019 and 2020, outperforming the S&P 500 ETF (SPY) by 26 percentage points. These stocks returned 7% through March 12, 2021 but managed to outperform the market by 1.6 percentage points. Hedge funds were also right to bet on CZR, as the stock has returned 35.5% since late December (through March 12) and outperformed the market even better. Hedge funds were clearly right to pile into this stock when compared to other stocks with similar market capitalizations.

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Disclosure: None. This article was originally published at Insider monkey.

Related content

NXP Semiconductors, Penn Nationwide Gaming, Generac Holdings and Caesars Leisure Set to Be a part of S&P 500; Others to Be a part of S&P MidCap 400, S&P SmallCap 600 and S&P 100

NEW YORK, March 12, 2021 / PRNewswire / – S & P Dow Jones indices make the following index adjustments to the S & P 500, S & P 100, S & P MidCap 400, and S & P SmallCap 600 to ensure that each index is more representative of its market capitalization range . The changes will take effect before trading opens on Monday March 22, 2021 to coincide with the quarterly realignment:

NXP Semiconductors NV (NASD: NXPI) becomes Flowserve Corp. (NYSE:FLS) in the S&P 500 becomes Flowserve Edgewell Personal Care Co. (NYSE:EPC) in the S&P MidCap 400, and Edgewell Personal Care becomes Exterran Corp. (NYSE:EXTN) in the S&P SmallCap 600. Exterran is no longer representative of the small-cap market.

S&P MidCap 400 components Penn National Gaming Inc. (NASD: PENN), Generac Holdings Inc. (NYSE:GNRC) and Caesars Entertainment Inc. (NASD: CZR) will all switch to the S&P 500 and SL Green Realty Corp. (NYSE:SLG), Xerox Holdings Corp. (NYSE:XRX) and Vontier Corp (NYSE:VNT), all of which will be converted to the S&P MidCap 400.

S&P 500 components Broadcom Inc. (NASD: AVGO), T-Mobile US Inc. (NASD: TMUS) and Linde plc (NYSE:LIN) replaces Allstate Corp. (NYSE:ALL), Kinder Morgan Inc. (NYSE:KMI) and Schlumberger NV (NYSE:SLB) in the S&P 100th Allstate, Morgan childrenand Schlumberger stays in the S&P 500.

The following is a summary of the changes that will be made prior to the opening of trading on the Effective Date:

Effective Date

Index name

action

Name of the company

ticker

GICS sector

March 22, 2021

S&P 500

additive

NXP Semiconductors

NXPI

Information technology


S&P 500

additive

Penn National Gaming

PENN

Discretion for consumers


S&P 500

additive

Generac Holdings

GNRC

Industry


S&P 500

additive

Caesars Entertainment

CZR

Discretion for consumers


S&P 500

Deletion

Flowserve

FLS

Industry


S&P 500

Deletion

SL Green Realty

SLG

Real estate


S&P 500

Deletion

Xerox Holdings

XRX

Information technology


S&P 500

Deletion

Vontier

VNT

Information technology


S&P MidCap 400

additive

Flowserve

FLS

Industry


S&P MidCap 400

additive

SL Green Realty

SLG

Real estate


S&P MidCap 400

additive

Xerox Holdings

XRX

Information technology


S&P MidCap 400

additive

Vontier

VNT

Information technology


S&P MidCap 400

Deletion

Edgewell personal care

EPC

Consumer staples


S&P MidCap 400

Deletion

Penn National Gaming

PENN

Discretion for consumers


S&P MidCap 400

Deletion

Generac Holdings

GNRC

Industry


S&P MidCap 400

Deletion

Caesars Entertainment

CZR

Discretion for consumers


S&P SmallCap 600

additive

Edgewell personal care

EPC

Consumer staples


S&P SmallCap 600

Deletion

Exterran

EXTN

energy


S&P 100

additive

Broadcom

AVGO

Information technology


S&P 100

additive

T-Mobile US

TMUS

Communication services


S&P 100

additive

Linden tree

LIN

materials


S&P 100

Deletion

Allstate

ALL

Finances


S&P 100

Deletion

Morgan children

KMI

energy


S&P 100

Deletion

Schlumberger

SLB

energy

For more information on S&P Dow Jones Indices, see www.spdji.com

ABOUT S&P DOW JONES INDICES

S & P Dow Jones Indices is the world’s largest resource for key index-based concepts, data and research, and is home to iconic financial market indicators such as the S & P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than in products based on indices from any other provider in the world. Since Charles Dow S&P DJI invented the first index in 1884, innovating and developing indices across the asset class to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI) that provides individuals, businesses and governments with critical information to help them make confident decisions. For more information, visit www.spdji.com.

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Why Caesars Leisure Shares Popped 10.9% on Friday

What happened

Shares in the casino giant Caesars Entertainment (NASDAQ: CZR) Trading rose as much as 10.9% on Friday after the company announced fourth quarter 2020 financial results. The share closed trading with a daily gain of 9.8%.

so what

Financial results today were only a small part of the story. Revenue of $ 1.5 billion increased 152.9% year over year after the Eldorado Resorts merger was completed. In the same business, sales fell 37.5%. Net loss for the quarter was $ 555 million, or $ 2.67 per share.

Image source: Getty Images.

Investors focused more on management’s comments on a rebound in the resort and casino business. And Caesars’ management was very optimistic. CEO Tom Reeg said that demand could spike in the second half of the year as bookings increased dramatically year over year. He said bookings are for the second half of 2021 already 32% before the second half of 2019 the same day this year. And that even before the group’s business picked up.

What now

The casino business could be great Growth business In the second half of the year, consumers will be cashless and the demand for entertainment ready to burst. This is what investors are betting on today. Time will tell whether the surge in demand warrants the current valuation of the stock, but for today investors aren’t worried about overpaying for this casino stock.

This article represents the opinion of the author who may disagree with the “official” referral position of a Motley Fool Premium Consulting Service. We are colorful! Questioning one investment thesis – including one of our own – helps us all think critically about investing and make decisions that will help us get smarter, happier, and richer.

Caesars Leisure Certainly one of US’ Most Accountable Firms

Posted: Jan 31, 2021 12:02 PM.

Last update on: January 29th, 2021, 02:59.

Caesars Entertainment is recognized as one of the most responsible companies in the country when it comes to environmental, social and corporate governance.


Caesars Entertainment has been recognized as one of America’s premier environmental, social and corporate administrators. The company is relying on veterinarians as part of its Enlisting Heroes campaign, a social event of the recruitment initiative, which can be seen here in 2019. (Image: Caesars Entertainment)

Newsweek, in collaboration with Statista, published its annual list of “America’s Most Responsible Companies” for 2021. A total of 399 companies made it onto the list.

Caesars, however, was the only component of the gaming industry. Caesars rises 42 places over the previous year and occupies 104th place.

“We often talk about the power our incredible team members have to create guest experiences that drive our long-term success at Caesars Entertainment,” said Tom Reeg, CEO of Caesars. “The same force is reinforced in their commitment not only to guests, partners and the environment, but also to each other and to the communities in which we live and work.

With the steadfast work, compassion and generosity of dedicated Caesars team members, we can create a positive impact that continues to grow every year, ”added Reeg.

Caesars had an overall score of 79.7 out of 100. The casino operator scored 78.1 in environmental, 83.8 in social and 77.3 in corporate governance. Caesars took first place in the category “entertainment, leisure and food”.

Tech giant HP took first place on the list with 93.2 points.

Caesars Touts Social Awards

Caesars operates 68 properties in the US, Canada, Egypt, South Africa, the UK and Dubai. Caesars employs around 60,000 people.

Caesars Entertainment, newly founded through last year’s merger from Eldorado Resorts and the former Caesars is flaunting its recent corporate names.

In addition to being named America’s Most Responsible Companies, Caesars announced in a press release that it was recognized for its environmental efforts. According to Caesars, the global environmental CDP put the company on its “A-List” for fighting climate change and ensuring water security.

Casino Workforces promote equality

Caesars also announced today that it has achieved a perfect 100 score in the Human Rights Campaign’s 2021 Corporate Equality Index. It is the 14th year in a row that the casino company has achieved such a score.

The equality index measures company policies and practices related to equality in LGBTQ workplaces. To get a perfect score, companies need to demonstrate that they have appropriate policies in place Promote an inclusive culture.

Casino Operator – Parity Index Scoring

  • Caesars Entertainment – 100
  • MGM Resorts – 100
  • Wynn Resorts – 90
  • Las Vegas Sands – 85

According to Caesar’s latest Corporate Responsibility Report (CSR), 50 percent of the global workforce were women at the end of 2019. 45 percent of the company’s leadership roles (executives and managers) were held by women.

Sixty-one percent of the Caesars team members are “painters”. However, the same population group only makes up 35 percent of senior or senior positions.