Caesars Entertainment Corporation.
CZR.US | Gambling and betting activities
Caesars Entertainment Corporation is a diversified gaming and entertainment company. It primarily operates casinos and hotels, offering a range of gaming options, including slot machines, table games, and poker, as well as hotel accommodations, restaurants, bars, entertainment venues, and retail sho...Show More
Better Health for All
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Caesars Entertainment's primary revenue driver is the operation of casinos and related entertainment facilities, which have well-established negative health outcomes, particularly gambling addiction and mental health impacts. Approximately 70-80% of its revenue comes from activities with negative health impacts. The company has implemented substantial addiction mitigation efforts, including a universal exclusion policy and an enhanced 21+ gaming policy, and received a Corporate Social Responsibility Award for its dedication to responsible gaming
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. These efforts represent substantial remediation for the significant health-harming externalities of its operations. Caesars also provides substantial mental health support through these policies and an employee wellness center offering primary care and fitness services
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. Additionally, the company distributed over 53 tons of recycled soap and shampoo to Zambia since 2010 to reduce disease spread
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and implemented a universal mask policy during the COVID-19 pandemic
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.
Fair Money & Economic Opportunity
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Caesars Entertainment Corporation, primarily a gaming and entertainment company, does not offer consumer lending, deposit, or debt products, nor does it operate financial service access points. Consequently, KPIs related to underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives (loan/insurance book), customer finance data accessibility, fair lending compliance, wealth building outcomes, debt burden ratio, geographic inclusion, and product simplicity are not applicable to its core business model. While the company launched an Economic Equity Tour to promote financial literacy, the articles do not provide specific data on the reach or outcomes of these programs, leading to its omission.
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There is also no evidence of company profit reinvestment in community finance or profit-sharing with underserved communities.
Fair Pay & Worker Respect
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In 2024, Caesars Entertainment's CEO-to-median employee pay ratio was 419:1.
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Approximately 44% of permanent U.S. Team Members were covered by collective bargaining agreements in 2024.
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The total workforce's recordable work-related injury rate (TRIR) was 3.19 per 200,000 hours in 2024.
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The Team Member Engagement Index Score was 74.2% in 2023.
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In 2024, 16% of Direct Employees in the U.S. were on call with non-guaranteed hours.
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Fair Trade & Ethical Sourcing
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Caesars Entertainment directed 7.68% of its total addressable operational spend to diverse vendors in 2023.
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This includes women-owned, minority-owned, veteran-owned, LGBTQ+-owned, and disadvantaged business enterprises.
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In 2023, the company also awarded over $775,000 in procurement contracts to 16 new diverse vendors for Caesars Virginia.
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Historically, this spend grew from 5.8% in 2011 to 16.7% in 2017.
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Honest & Fair Business
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In 2023, Caesars Entertainment experienced a cyberattack that exposed customer Social Security numbers and driver's license information
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, reportedly paying a $15 million ransom.
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The company has since implemented measures to enhance cybersecurity.
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Despite this, Caesars demonstrates a commitment to ethical practices through its 35-year-old Responsible Gaming program
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, which includes a universal exclusion policy
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and a 21+ gaming policy implemented in 2023.
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The company received a Corporate Social Responsibility Award from the National Council on Problem Gambling for these efforts.
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In 2019, Caesars committed to eradicating exploitation by signing ECPAT's Tourism Child-Protection Code and joining the International Tourism Partnership.
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The company also publishes annual CSR reports, met emission reduction goals early
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, and has received a perfect score on the Human Rights Campaign Foundation’s Corporate Equality Index for 16 consecutive years.
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Kind to Animals
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As of December 2023, 73% of the company's total egg volume in the U.S. was sourced from cage-free systems.
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No War, No Weapons
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Caesars Entertainment Corporation operates in the gaming and hospitality sector, which is distinct from military operations.
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The company lacks involvement in military contracts, resulting in 0% revenue from arms or defense contracts.
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Consequently, there is no defense business for the board to oversee, no defense assets to divest, and the company is not subject to Arms Trade Treaty declarations. This business model inherently results in zero exposure to controversial weapons.
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Planet-Friendly Business
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Caesars Entertainment aims for carbon neutrality by 2050
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and has set a new greenhouse gas reduction goal of 46.2% by 2030 from a 2019 baseline
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, having achieved previous emission reduction targets ahead of schedule in 2022
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. In 2022, the company diverted 59% of its total waste from landfills
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. Water consumption was reduced by 14% in 2022 compared to a 2019 baseline
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, and the company received an 'A' rating for Water Security from CDP in 2023
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. CAESARS FORUM, a 600,000-square-foot convention center, achieved Gold-level LEED certification in 2023
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. Additionally, a 6.5 MW solar portfolio was completed across Atlantic City properties in October 2023
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, expected to offset approximately 6% of the energy needs for those specific resorts
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Respect for Cultures & Communities
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Caesars Entertainment has established 5 formal partnerships with indigenous groups, including the Eastern Band of Cherokee Indians, Sault Ste. Marie Tribe of Chippewa Indians, Iowa Tribe of Oklahoma, Dry Creek Rancheria Band of Pomo Indians, and Buena Vista Rancheria of Me-Wuk Indians.
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The company reported no cultural appropriation incidents.
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Safe & Smart Tech
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In August 2023, Caesars Entertainment experienced a significant cybersecurity breach, compromising sensitive personal information, including Social Security numbers and driver's license data, of its loyalty program members
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. The breach was caused by a social engineering attack on an outsourced IT vendor
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, leading to a reported $15 million ransom payment to prevent data release
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. The company faces multiple class-action lawsuits alleging negligence in safeguarding customer data and delays in notifying affected individuals
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Zero Waste & Sustainable Products
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Caesars Entertainment achieved an 85% conversion from single-use to bulk dispenser in-shower amenities in 2024, reducing over 15 million plastic containers.
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The company also phased out plastic straws and stirrers from all U.S. properties, estimated to remove nearly 200 million straws annually.
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In 2024, the company's waste diversion rate was 41.0%, with a public target to divert 65% of total waste from landfills by 2030.
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Regarding packaging, 90% of Styrofoam disposable containers and cups were eliminated by the end of 2023, and all new disposable purchases are recyclable and compostable.
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Numerous waste reduction initiatives are in place, including composting 16,000 tons of horse manure and recycling over 26,000 oyster shells in 2024.
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Other initiatives include using linen-less tables, reducing printed materials, careful food management, converting to bulk beverages, on-site waste sorting, and a partnership with Clean the World for mini-toiletry products, which has diverted nearly 400,000 pounds of waste since 2010.
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The company had one hazardous waste violation in 2019
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but has reported no waste disposal violations in the past three years.
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Customer waste education includes in-room communications and programs encouraging waste-saving actions.
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