Mitch Garber Caesars

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MITCH GARBER- CAESARS GROWTH PARTNERS OFFICIALLY
SEAL THE DEAL ON HARRAH'S NEW ORLEANS
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The Louisiana Gaming Control Board has officially
approved the sale of Caesars Entertainment
Corporation (NASDAQ CZR) property Harrah's New
Orleans to Caesars Growth Partners (CGP), an
entertainment and casino asset of Caesars
Acquisition Company (NASDAQ CACQ). Caesars
Acquisition Co. and Caesars Entertainment Corp.
made a joint announcement about the finalization
of the deal a day following the May 19th approval
by the gaming commission.
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The transaction will not interrupt the daily
operations at Harrahs New Orleans and the
acquired property will remain included in the
Total Rewards Network. This comes after the
recent regulatory consent granted to CGP by the
Nevada Gaming Commission and the entitys success
in securing 700 million in financing to close on
the purchase of The Cromwell, Bally's Las Vegas
and The Quad Resort Casino from parent company
Caesars Entertainment Corporation. Caesars Growth
Partners plans on replacing this loan with 2
billion in financing, which will incorporate
restructuring Planet Hollywoods 485 million
debt.
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About Caesars Growth Partners Caesars Growth
Partners is an entertainment company that solely
concentrates its efforts on growing a portfolio
of high-growth operating assets and equity and
debt investments with strong value potential
through acquisitions in the interactive and
gaming entertainment industries.
www.caesarsacquisitioncompany.com Caesars
Acquisition Company (NASDAQ CACQ), led by
President and CEO Mitch Garber is an equity
stakeholder in Caesars Growth Partners, LLC
through Caesars Interactive Entertainment where
Mitch Garber Caesars also sits as CEO.
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• The joint partnership is with Casino Properties
  and Developments, a subsidiary of parent company
  Caesars Entertainment Corporation (NASDAQ CZR)
• To learn more
• www.wsop.com
• www.caesars.com
• www.caesarsacquisitioncompany.com
• www.caesarsinteractive.com
• www.mitchgarber.com