Mark Frissora Becomes President and CEO of Caesars Entertainment Corporation

LAS VEGAS, July 1, 2015 /PRNewswire/ — Caesars Entertainment Corporation (NASDAQ: CZR) (Caesars Entertainment, or the Company) today announced that Mark Frissora has assumed the role of President and Chief Executive Officer, effective today. This announcement completes the transition plan previously announced by Caesars Entertainment in February 2015. Frissora joined Caesars Entertainment in February as President and CEO designate.

As President and CEO, he continues to report to the Board of Directors of Caesars Entertainment. Frissora also joined the Board in February. Effective immediately, Frissora also becomes President and CEO of Caesars Enterprise Services (CES) and joins the CES Steering Committee.

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