LAS VEGAS, Nov. 10, 2020 /PRNewswire/ -- Caesars
Entertainment, Inc. (NASDAQ: CZR), the largest gaming and
entertainment company in the United
States, today published its 2019-2020 PEOPLE PLANET PLAY
Report on Corporate Social Responsibility (CSR).
For press kit, please click
here
To read the full report, please click
here
PEOPLE PLANET PLAY is the framework underpinning Caesars
Entertainment's CSR strategy, addressing the ways in which Caesars
makes a positive contribution to people, the environment and
communities through its business and responsible
conduct.
In this report, Caesars confirms its purpose-driven approach and
commitment to PEOPLE PLANET PLAY as a responsible corporate
citizen. This is particularly relevant as the 2019-2020 period has
been unparalleled for two main reasons: (1) the successful
merger of Caesars Entertainment Corporation and Eldorado Resorts,
Inc. that created Caesars Entertainment, Inc. with significantly
expanded operations and new leadership, and (2) the COVID-19
pandemic that resulted in property closures around the country for
several months and a return to work with new protocols and
restrictions.
The data included in this year's report is from 2019 and the
first half of 2020, representative of Caesars properties
pre-merger. The report also outlines how the newly formed company
remains committed to CSR moving forward.
"This year has certainly presented opportunities and challenges
as we respond to the pandemic throughout the U.S.," said
Tom Reeg, CEO of Caesars
Entertainment. "Perhaps most importantly, we see this as an
opportunity to work together in the newly formed Caesars
Entertainment, bridging our community-driven efforts and
strengthening them within a larger organization. Where we had set
platforms and programs that impacted so many, we can build them up
and make them stronger and more impactful than ever before."
The Report covers Caesars' key impacts and achievements in seven
key areas, with highlights including:
- Diversity, Equity and Inclusion (DEI): In 2019, Caesars
legacy properties had 45% women and 35% racial diversity in
management roles. The combined company has affirmed its commitment
to gender and racial equity in leadership and management. The
Company also engaged with certified diverse vendors for 17.6% of
operational and 10.8% of capital expenditures.
- Positive experiences for guests: The Company has
significantly enhanced its offerings for guests through extensive
renovations and expansion of digital services, including
enhancements at Harveys Lake Tahoe and Harrah's Las Vegas as well as completed construction of
CAESARS FORUM Conference Center.
- Social impact: Total community contributions in 2019
amounted to $67 million, including
the value of 370,000 hours volunteered in local communities by team
members. In 2019, Caesars turned every dollar of revenue into a
contribution to its communities of 46
cents - nearly four times the average community contribution
for U.S. corporations.
- Responsible gaming: Caesars Entertainment celebrated 30
years of Responsible Gaming (RG) leadership in 2019. Caesars
created the first comprehensive RG program in the industry, which
includes structured RG training for team members. In 2019, nearly
50,000 team members received RG training.
- Family values at work: In 2019, Caesars invested 1.51
million hours in training and development for team members, an
average of 27 hours per team member per year.
- Environmental sustainability: In 2019, on a normalized
basis per 1,000 sq. ft, Caesars used 2% less energy, 3% less water
and generated 13% less total waste than the prior year.
- Governance: In 2020, following completion of the merger,
Caesars Entertainment immediately created a new CSR Committee of
the Board of Directors. The Committee will drive CSR strategy and
oversee CSR and ESG progress, remaining true to the legacy of the
past 20 years.
About Caesars Entertainment, Inc.
Caesars
Entertainment, Inc. (NASDAQ: CZR) is the largest
casino-entertainment company in the U.S. and one of the world's
most diversified casino-entertainment providers. Since its
beginning in Reno, Nevada, in
1937, Caesars Entertainment has grown through development of new
resorts, expansions and acquisitions. Caesars Entertainment's
resorts operate primarily under the Caesars®, Harrah's®, Horseshoe®
and Eldorado® brand names. Caesars Entertainment offers diversified
amenities and one-of-a-kind destinations, with a focus on building
loyalty and value with its guests through a unique combination of
impeccable service, operational excellence and technology
leadership. Caesars Entertainment 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.
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SOURCE Caesars Entertainment, Inc.