Material Event Form 8 K

On October 3, 2024, Caesars Entertainment, Inc. (the "Company"), delivered a notice of conditional partial redemption (the "Redemption") for $1.065 billion of the Company's outstanding 8.125% Senior Notes due 2027 (the "Notes") at a redemption price of 102.031% of the principal amount of the Notes, plus accrued and unpaid interest (if any), to be redeemed on October 17, 2024 (or such later date as described below, "Redemption Date"). As of June 30, 2024, there was $1.611 billion aggregate principal amount of the Notes outstanding. U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association) is serving as the trustee for the Notes and as the paying agent for the Redemption.

The Redemption is conditioned upon the timely receipt by the Company or the Company's designee of the net proceeds from the previously announced issuance of the Company's 6.000% Senior Notes due 2032. If such net proceeds are not timely received and such condition is not satisfied (or waived by the Company in its sole discretion), the Redemption Date may be delayed or the Redemption may not occur.