Caesars Entertainment Awards $750,000 Grant To Public Ed Foundation

Caesars Entertainment Corporation and the Caesars Foundation presented a $750,000, three-year grant to The Public Education Foundation (the Foundation) to support the non-profit's Teacher EXCHANGE^TM initiative.

The Teacher EXCHANGE^TM is a re-use resource center for all Southern Nevada public school teachers offering learning tools to educators to enhance projects and curriculum. This multi-year grant will help to expand the program's reach through website enhancements, creation of a eco-friendly bus delivering supplies directly to schools and will overall streamline and increase efficiency of operations. Since 2008, educators have made more than 26,000 visits to the Teacher EXCHANGE^TM, picking up more than 1.1 million items for their classrooms.

"Caesars is proud to be a community partner in furthering education and supporting our educators in Southern Nevada through initiatives such as Teacher EXCHANGE^TM," said Rick Mazer, Regional President of Caesars Entertainment Corporation, Western Division. "Our commitment to helping our employees and the communities we operate in is integral to the future success of our company and our children."

Since 2008, Caesars Entertainment and the Caesars Foundation have given nearly $1.5 million to support the Teacher EXCHANGE^TM initiative.

"The value of support the Caesars Foundation and Caesars Entertainment provides the Teacher EXCHANGE^TM and our educators is immeasurable," said Judi Steele, President of The Public Education Foundation. "By supporting education and environmental sustainability, they are impacting millions of lives now and in the future."

Caesars Entertainment's efforts go beyond monetary giving. Annually, its Las Vegas resorts collect and donate the equivalent of $43,000 in supplies for the Teacher EXCHANGE^TM where the materials are reused for educational classroom projects by valley teachers. Donated meetings and conventions materials have included t-shirts, water bottles, office supplies and equipment, surplus materials, computers, televisions and furniture.

This effort is supported by the company's sustainability initiative, CodeGreen, and is one of hundreds employee grass roots programs implemented to minimize the impact of business on the environment. In the last three years, the Teacher EXCHANGE^TM has diverted nearly one million tons of materials from ending up in landfills.

The Teacher EXCHANGE^TM provides public school teachers with reusable, recycled and gently used materials and equipment to use in their classrooms. Donations of new and reusable materials, office supplies, surplus materials, computers, equipment and furniture are collected from businesses and individuals and provided to teachers to support classroom instruction. Many of the materials collecTed May have been otherwise disposed of in local landfills. Established in 2002, the Teacher EXCHANGE^TM is located at 3165 W. Sunset Road. The Teacher EXCHANGE^TM is open to licensed Clark County School District (CCSD) educators.

To learn more about the Foundation's Teacher EXCHANGE^TM visit http://www.thepef.org/programs_exchange.html

About The Caesars Foundation
The Caesars Foundation is a private foundation funded by a percentage of operating income from Caesars Entertainment's resorts. The Foundation is the entity through which Caesars Entertainment funds programs and projects of $10,000 or more, as well as not-for-profit giving requirements imposed by certain operating jurisdictions. The Foundation's objective is to strengthen organizations and programs in the communities where our employees and their families live and work. For more information, please visit www.caesarsfoundation.com.

About Caesars Entertainment Corporation
Caesars Entertainment Corporation is the world's most geographically diversified casino-entertainment company. Since its beginning in Reno, Nevada, more than 73 years ago, Caesars has grown through development of new resorts, expansions and acquisitions, and now operates casinos on four continents. The company's resorts operate primarily under the Harrah's®, Caesars® and Horseshoe® brand names. Caesars also owns the World Series of Poker® and the London Clubs International family of casinos. Caesars Entertainment is focused on building loyalty and value with its guests through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership. Caesars is committed to environmental sustainability and energy conservation and recognizes the importance of being a responsible steward of the environment. For more information, please visit www.caesars.com.

About The Public Education Foundation
The Public Education Foundation is a nonprofit organization dedicated to mobilizing community and global resources to meet the challenges of educating a growing and diverse Southern Nevada population. The Foundation's programs and initiatives are designed to improve student performance and advance quality educational opportunities for all children. Since 1991, The Foundation has raised more than $75 million to improve teaching and learning in Southern Nevada's public schools. For more information about the Foundation, go to www.thepef.org.