MARKET WIRE NEWS

Caesars Race & Sportsbook Officially Opens at The Resort at Summerlin

MWN-AI** Summary

Caesars Entertainment, Inc. celebrated the grand opening of its first Caesars Race & Sportsbook in Summerlin at The Resort at Summerlin on March 3, 2026. This marks a significant milestone, enhancing the western Las Vegas Valley's sports wagering landscape with both a premium in-person and mobile experience. The grand opening featured a ribbon-cutting ceremony attended by Caesars executives and former Vegas Golden Knights player Deryk Engelland, who placed a ceremonial first bet.

Spanning nearly 6,000 square feet, the new sportsbook is designed to provide an immersive experience for sports fans, featuring a large video wall and a forthcoming state-of-the-art 360-degree LED display set to debut in summer 2026. The venue is equipped with 20 self-service betting kiosks, making a wide range of betting markets easily accessible. Notably, it allows for in-person registration for the Caesars Sportsbook mobile app, along with convenient mobile cash deposits and withdrawals.

Eric Hession, President of Caesars Digital, highlighted that the opening would cater to the local sports community by delivering a retail and mobile experience that embodies the quality and innovation associated with Caesars Sportsbook. Michelle McHugh, General Manager of The Resort at Summerlin, echoed this sentiment, noting that the opening reflects the strength of their market, enhancing the overall guest experience.

The sportsbook operates daily, with hours tailored to cater to early risers and night owls alike, while self-service kiosk betting remains available around the clock. Caesars Sportsbook continues to expand its offerings through regular app updates and the inclusion of features such as the Universal Digital Wallet, further appealing to the growing sports betting audience in Nevada.

MWN-AI** Analysis

The official opening of Caesars Race & Sportsbook at The Resort at Summerlin represents a significant advancement in the sports betting landscape of the western Las Vegas Valley. This milestone enhances Caesars Entertainment, Inc. (NASDAQ: CZR) position, facilitating premium in-person and mobile wagering, which is poised to attract both local residents and visitors.

Investors should note the strategic implications of this expansion as it reinforces Caesars' commitment to delivering innovative gaming experiences matched with cutting-edge technology. The introduction of a 6,000-square-foot sportsbook paired with a soon-to-be-completed 360-degree LED video display will likely draw sports enthusiasts, creating increased foot traffic and higher wagering volumes. Moreover, the self-service kiosks and comprehensive mobile app services enhance customer convenience, potentially driving engagement and loyalty.

The growing user base of the Caesars Sportsbook app, which now includes the Universal Digital Wallet feature across 27 jurisdictions, positions the company well in an expanding market. As consumers increasingly favor mobile betting, Caesars is leveraging both its retail presence and digital capabilities to cater to these evolving preferences. The ability for customers to register in-person for mobile betting further integrates the physical and digital gaming experiences, potentially converting casual visitors into loyal users.

From a market perspective, analysts might consider this development as a bullish signal for Caesars, given the company's proactive strategy in capturing market share within the lucrative Nevada sports betting sector. Additionally, with the anticipated growth of the travel and tourism industry post-pandemic, the new sportsbook is well-timed to capitalize on increased visitor spending.

Investors should view this as an opportunity, especially as it underscores Caesars' focus on enhancing user experience coupled with sustainable growth in revenue streams—key drivers for long-term profitability.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

First Caesars Race & Sportsbook to open in Summerlin brings premium in-person and mobile sports wagering to the western Las Vegas Valley

Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today celebrated the official grand opening of Caesars Race & Sportsbook at The Resort at Summerlin, marking the first retail Caesars Sportsbook location in Summerlin and bringing a premium in-person and mobile sports wagering experience to the community. The opening included a ribbon cutting ceremony with Caesars Entertainment and The Resort at Summerlin executives, along with former Vegas Golden Knights defenseman Deryk Engelland, who placed a ceremonial first bet.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260303533383/en/

Caesars Race & Sportsbook Ceremonial Grand Opening at The Resort at Summerlin - March 3, 2026

The new Caesars Race & Sportsbook is now open on the casino floor, offering guests an elevated sports wagering and viewing experience powered by Caesars’ market-leading technology. Designed to deliver an immersive game day experience, the nearly 6,000-square-foot sportsbook currently features a new video wall and will add a cutting-edge 360-degree LED video display at the expanded sportsbook bar, scheduled for completion ahead of summer 2026. Twenty Caesars Sportsbook self-service betting kiosks are located inside the sportsbook and throughout the casino, giving guests access to thousands of betting markets that mirror the options available on the Caesars Sportsbook mobile app.

For the first time at a physical sportsbook location in Summerlin, sports fans can now complete in-person registration for the Caesars Sportsbook mobile app, as well as make convenient mobile cash deposits and withdrawals.

“Opening Caesars Race & Sportsbook at The Resort at Summerlin is a significant milestone for our brand in Las Vegas,” said Eric Hession, President of Caesars Digital. “This location allows us to better serve sports fans in the Summerlin community with a retail and mobile experience that reflects the quality, depth and innovation that define Caesars Sportsbook.”

“Our guests have been asking for this, and we’re proud to officially open Caesars Race & Sportsbook as part of the continued evolution of The Resort at Summerlin,” said Michelle McHugh, Vice President and General Manager of The Resort at Summerlin. “As the first Caesars Race & Sportsbook in Summerlin, this opening underscores the strength of our market, and we’re excited to offer an experience that resonates with locals and visitors alike.”

Caesars Race & Sportsbook is open as early as 8 a.m. on weekdays and 7:30 a.m. on weekends. Over?the?counter betting assistance is available most days until 9 or 10 p.m., but self?service kiosk wagering is available 24/7. More information on sportsbook hours of operation can be found here .

Since its launch in 2021, the Caesars Sportsbook mobile app has enhanced its user experience through regular updates, including the introduction of Universal Digital Wallet. Now live in 27 jurisdictions, Universal Digital Wallet enables sports bettors visiting Nevada to manage their funds seamlessly across the majority of markets where Caesars Sportsbook operates.

The Caesars Sportsbook app offers one of the most expansive wagering menus in Nevada, including Same Game Parlays, player props, futures, live in-play betting markets and livestreaming of thousands of marquee sporting events directly within the app. Available to users aged 21 and older, Caesars Sportsbook reflects Caesars Entertainment’s commitment to responsible gaming through tools such as Deposit Limits, Spending Limits, Daily Time Limits and Cool Off Time Limits.

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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 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 employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. Know When To Stop Before You Start.® Gambling Problem? Call or text 1-800-GAMBLER. For more information, please visit www.caesars.com/corporate .

Responsible Gaming Nevada

Must be 21 or older to gamble. Know When To Stop Before You Start®. Gambling Problem? Call 1-800-522-4700, text 800GAM, or visit ncpgambling.org

About The Resort at Summerlin

The Resort at Summerlin is a world-class luxury destination just 20 minutes northwest of the famous Las Vegas Strip. The resort is a gateway to the stunning Red Rock Canyon National Conservation Area, TPC Las Vegas and numerous other premier golf courses and attractions. The property includes the prestigious JW Marriott Las Vegas Resort & Spa with 549 well-appointed guest rooms and suites, nestled among 54 acres of lush landscaping and gardens, a full-service spa, with a state-of-the-art fitness center and can host unforgettable events in one of the 35 meeting rooms with 110,000 square feet of flexible space.

The Resort at Summerlin boasts a chef-driven dining collection of 13 restaurants and bars. Signature venues include ai Pazzi from celebrity chef Fabio Viviani, Hawthorn Grill, and Jade Asian Kitchen & Noodles. Additional dining concepts include Marketplace Buffet and the Summerlin outpost of Wineaux from James Beard Award winner Shawn McClain and master sommelier Nick Hetzel. The Neighborhood Food Hall features ai Pazzi Pizza and Pearls Oyster & Crudo Bar, Nom Wah, the first West Coast location of New York City’s oldest dim sum restaurant, and Los Angeles street food favorites Tacos 1986 and For The Win.

The award-winning, 63,000-square-foot casino features 1,670 state-of-the-art slot machines, a 300-seat Bingo Room, 31 table games such as Blackjack, Craps with 10X odds, Roulette, Face-Up Pai Gow Poker, two new High Limit Slots Rooms, the new Caesars Race & Sportsbook, offering a premium sports wagering and viewing experience with market-leading technology, immersive video displays, and convenient in-person mobile app registration for the Caesars Sportsbook app, and more. The Rampart Rewards program offers exclusive resort benefits and rewards based on play, including dining, spa and golf discounts as well as complimentary room nights.

Marriott and the JW Marriott system are not associated with any part of The Resort at Summerlin (the “Resort”) other than the JW Marriott Las Vegas hotel (the “Hotel”) at the Resort. The Casino is not part of the Hotel and is not part of the JW Marriott system.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260303533383/en/

Media Contacts:
Brad Harwood, bharwood@caesars.com
Dominic Holden, dholden@caesars.com
Jeff Klein, Atomic City PR for The Resort at Summerlin, Jeff@atomiccitypr.com

FAQ**

How does the opening of Caesars Race & Sportsbook at The Resort at Summerlin enhance the brand presence of Caesars Entertainment Inc. (CZR) in the western Las Vegas Valley compared to other locations?

The opening of Caesars Race & Sportsbook at The Resort at Summerlin enhances Caesars Entertainment Inc.'s brand presence in the western Las Vegas Valley by establishing a premier sports betting destination, expanding their market reach, and attracting a diverse clientele.

What impact could the new self-service betting kiosks and mobile app integration at Caesars Race & Sportsbook have on user engagement for Caesars Entertainment Inc. (CZR)?

The introduction of self-service betting kiosks and mobile app integration at Caesars Race & Sportsbook is likely to enhance user engagement for Caesars Entertainment Inc. (CZR) by providing convenience, improving accessibility, and enabling a more interactive betting experience.

In what ways is Caesars Entertainment Inc. (CZR) utilizing market-leading technology at the Summerlin sportsbook to improve the overall customer experience?

Caesars Entertainment Inc. is leveraging advanced technology at the Summerlin sportsbook by implementing seamless mobile betting, interactive kiosks, real-time data analytics for personalized promotions, and enhanced viewing experiences with high-definition displays to elevate customer satisfaction.

How might the expansions and innovations at Caesars Race & Sportsbook influence Caesars Entertainment Inc.’s (CZR) financial performance in the upcoming quarters?

The expansions and innovations at Caesars Race & Sportsbook are likely to enhance user engagement and drive increased betting volume, potentially boosting Caesars Entertainment Inc.'s (CZR) revenue and overall financial performance in the upcoming quarters.

**MWN-AI FAQ is based on asking OpenAI questions about Caesars Entertainment Inc. (NASDAQ: CZR).

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