Caesars Entertainment, Inc. · NASDAQ:CZR

Caesars Entertainment — Merger or Acquisition (September 2020)

16 slides from Caesars Entertainment's merger presentation, September 2020

  1. Slide 1: Investor Presentation

    Investor Presentation September 2020

  2. Slide 2: Forward looking statements and additional information

    Forward looking statements and additional information Statements made by us in this presentation and in other reports and statements released by us that are not historical facts constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and S

  3. Slide 3: Overview of the Potential Transaction

    Overview of the Potential Transaction  Caesars Entertainment, Inc. is in advanced discussions with William Hill concerning a possible all-cash offer  Proposed transaction values the entire issued and to be issued share capital of William Hill Transaction Overview and at ~£2.9 billion Structure: 

  4. Slide 4: Strategic Rationale

    Strategic Rationale Utilize complementary expertise and assets of both companies to better serve customers in the highly 1 competitive online gaming and sports betting space throughout the U.S. Deliver a more unified customer experience by consolidating applications and wallets, and allow for a 2 fo

  5. Slide 5: Overview of William Hill

    Overview of William Hill Company Overview and Business Segments U.S. Segment Revenue ($mm) UK based, leading sports betting and gaming Company % : YoY growth $164 founded in 1934 which operates across three segments $121 US 36%  Established in 2012 $75 61%  Nevada market share of 32% of revenue si

  6. Slide 6: Omni-Channel Offering and Infrastructure Position Caesars for Growth

    Omni-Channel Offering and Infrastructure Position Caesars for Growth Omni-Channel Offerings Our Capabilities and Value Multipliers Brick & Mortar Casinos Broad Market Access Retail and Online Sports Books Scalable Technology iGaming Retail Distribution Poker Recognized Brands Free-to-Play Games Spor

  7. Slide 7: Broad Access To Live and Opening Markets

    Broad Access To Live and Opening Markets Access Secured for ~70% of the U.S. Adult Population  Live in 14 states and Washington D.C.  Access to an additional 3 states with legislation passed but not yet implemented  Access established to 7 states with sports betting legislation pending  Able to

  8. Slide 8: William Hill’s Proprietary “Liberty” Technology

    William Hill’s Proprietary “Liberty” Technology Personalization Provides a Dynamic Sports Betting Experience for Consumers Quality user experience, with personalization capabilities High-end speed and performance capabilities Able to rapidly deploy into new states Seamless Integration with Media Par

  9. Slide 9: Combined Broad Network of Sports Books Locations

    Combined Broad Network of Sports Books Locations 9

  10. Slide 10: Strong Brands and Key Partnerships Drive Market Penetration

    Strong Brands and Key Partnerships Drive Market Penetration Iconic Brands and Partners Landmark ESPN Partnership Brands Sports, Casino & Media Partners Broadest reach to sports fans in the U.S.  Recently announced multi-year partnership with ESPN aligns Caesars with the clear media leader for sport

  11. Slide 11: Largest Gaming Loyalty Database Presents Cross-Sell Opportunities

    Largest Gaming Loyalty Database Presents Cross-Sell Opportunities Adding to Largest Loyalty Program in Gaming Convert Customers to Multiple Products Online Sports Betting Retail Brick & Currently ~60mm Sports Mortar loyalty members(1) Betting Casinos Online Poker Gaming Fantasy Sports (1) As of year

  12. Slide 12: Breadth of Amenities at Properties to Increase Customer Engagement

    Breadth of Amenities at Properties to Increase Customer Engagement • Hotel Rooms: ~47k rooms with some of the most luxurious suite and villa accommodations • Restaurants & Bars: 500+ outlets featuring renowned celebrity partners such as Gordon Ramsay, Giada De Laurentiis, Guy Fieri, and Lisa Vanderp

  13. Slide 13: Significant iGaming Expertise in the Growing New Jersey Market

    Significant iGaming Expertise in the Growing New Jersey Market New Jersey iGaming Market is Growing(1) Growing Presence in NJ iGaming(2) ($mm) Current market $263 share $251 18% ~$150mm+ run-rate FY2020 CZR New Jersey Quarterly Revenue $172 iGaming revenue $144 $122 $113 $104 Rapidly Accelerating CZ

  14. Slide 14: Caesars Preliminary Q3 2020 Results

    Caesars Preliminary Q3 2020 Results Revenue ($mm) Adjusted EBITDA ($mm) $460 $1,850 $420 $1,775 Low High Low High Note: Figures represent preliminary unaudited financial results for the three months ended September 30, 2020. The information reflects preliminary estimates with respect to such results

  15. Slide 15: Enhanced Franchise in Fast Growing Sports Betting and iGaming Market

    Enhanced Franchise in Fast Growing Sports Betting and iGaming Market Total Addressable Market for U.S. Sports and iGaming has Significant Potential ↗ Acceleration of gaming legislation at the state level $30 $33 - $35bn ↗ Increased adoption by consumers as gaming becomes more available ↗ Continued i

  16. Slide 16: Sports and iGaming Expected to Contribute Significant Growth to Caesars’ Top Line

    Sports and iGaming Expected to Contribute Significant Growth to Caesars’ Top Line We Expect Sports Betting and iGaming to deliver $600 - $700mm in Revenues in 2021 ($mm) $643 $35 Sports Betting “. . . if you look at the combination of what we bring iGaming into the William Hill partnership, we belie

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