The Caesars Foundation, the non-profit arm of Caesars Entertainment, has announced that it has donated over $3.3m to a slew of charitable causes across the US in the last year.
Among the company’s listed by Caesars are the Boys & Girls Club of America, the Clean the World Foundation, the International Center for Responsible Gaming, Meals on Wheels America, the National Park Trust, the Public Education Foundation, the Second Wind Dreams and the Women's Business Enterprise National Council.
"At Caesars Entertainment, we're focused on giving back to the communities where our guests and Team Members live, work and play," said Heather Rapp, SVP of Corporate Social Responsibility. "These funds will provide critical support for communities and programs in need across the US"
This announcement comes just days after Caesars revealed its financial results for the period ending March 31, 2021.
Q1 saw the company record net revenues of $2.3bn, a year-on-year boost from the $1.8bn earned in the prior-year period, with much of this stemming from the operators Las Vegas-based properties.
Speaking on the results, Tom Reeg CEO of Caesars Entertainment said: "Our first quarter operating results reflect sequential improvement each month of the quarter in revenues and EBITDA. Our Las Vegas segment posted an all-time first quarter EBITDA record and our regional segment delivered solid EBITDA and margin growth. Consumer trends remain healthy and we are optimistic for the balance of the year.”
