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Caesars to host second quarter conference call for investors on July 22

LAS VEGAS, June 24, 2004 - Caesars Entertainment, Inc. (NYSE:CZR) will host its second quarter conference call for investors on Thursday, July 22, 2004 at 11:00 a.m. EDT (8:00 a.m. PDT), following release of the company's second quarter financial results.

The call can be accessed by dialing 1-877-226-4294 or, for international participants, 1-706-643-0366. The call also will be available on the Internet through the Investor Relations section of the company's web site at www.caesars.com.

A replay of the conference call will be available beginning July 22, 2004 at 2:00 p.m. EDT through July 29, 2004 at 11:59 p.m. EDT by dialing 1-800-642-1687 or, for international callers, 1-706-645-9291. The reservation number is 8364385.

About Caesars Entertainment

Caesars Entertainment is one of the world's leading gaming companies. With $4.5 billion in annual net revenue, 28 properties on four continents, 26,000 hotel rooms, nearly two million square feet of casino space and 52,000 employees, the Caesars portfolio is among the strongest in the industry. Caesars casino resorts operate under the Caesars, Bally's, Flamingo, Grand Casinos, Hilton and Paris brand names. The company has its corporate headquarters in Las Vegas.

Additional information on Caesars Entertainment can be accessed through the company's web site at www.caesars.com .

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