Caesars Entertainment, Inc. Board Member Don Kornstein Announces Intention to Retire

LAS VEGAS & RENO, Nev.--(BUSINESS WIRE)--Caesars Entertainment, Inc. (NASDAQ: CZR) announced that Don Kornstein has informed the company that he intends to retire as Vice Chair of the Board effective Dec. 31, 2025.

“On behalf of the entire board, we thank Don for his many important contributions, dedication and stewardship, and we wish him well in his future endeavors,” said Gary Carano, Caesars Entertainment Executive Chairman.

“Don has had a tremendous impact on Caesars, which is highlighted by his leadership and wise counsel relating to company and board matters,” said Tom Reeg, Chief Executive Officer and member of the Board. “On behalf of the entire executive management team, we thank Don for his many valuable contributions and wish him well.”

“After 12 years of active participation on the various Caesars entity boards, oversight of several strategic initiatives and the current focus on operations, I’ve decided the timing is right for this personal decision. As an instrumental participant in the conception and completion of the merger between Caesars and Eldorado, I’ve enjoyed and will always appreciate the collaboration with Tom, the board and executive management in furtherance of the combined company’s strategic goals,” said Kornstein.

The Company expects to reduce the size of the Board to 11 members following Kornstein’s retirement.

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, NV, in 1937, Caesars Entertainment, Inc. has grown through the development of new resorts, expansions and acquisitions. Caesars Entertainment, Inc.'s resorts operate primarily under the Caesars®, Harrah's®, Horseshoe® and Eldorado® brand names. Caesars Entertainment, Inc. offers diversified gaming, entertainment and hospitality amenities, one-of-a-kind destinations, and a full suite of mobile and online gaming and sports betting experiences. All tied to its industry-leading Caesars Rewards® loyalty program, the company focuses on building value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars is committed to its Team Members, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. Know When To Stop Before You Start.® Gambling Problem? Call 1-800-GAMBLER. For more information, please visit www.caesars.com/corporate.