Caesars Leisure, Inc. Joins Clairvest Neem Ventures within the Future Wakayama Marina Metropolis IR Challenge

Caesars Leisure, Inc. Joins Clairvest Neem Ventures within the Future Wakayama Marina Metropolis IR Challenge

TOKYO, LAS VEGAS and TORONTO, Sept. 29, 2021 /PRNewswire/ — Clairvest Neem Ventures Okay.Okay. (CNV) right now introduced the participation of Caesars Leisure, Inc. (NASDAQ: CZR) (“Caesars”) in its improvement and working consortium for a Wakayama Marina Metropolis-based world-class built-in resort (IR). Caesars joins the consortium in full compliance with Japanese regulation and with no capital dedication. The mix aligns CNV, some of the skilled IR improvement and administration groups on the planet, with Caesars Leisure, one of many gaming {industry}’s best-known manufacturers and an elite on line casino operator.

“We’re thrilled to accomplice with Caesars Leisure,” stated Eddie Woo, Consultant Director of Clairvest Neem Ventures. “Caesars and CNV share a typical imaginative and prescient for Japan’s nationwide IR program. Not solely will it serve to reinforce the financial restoration from the COVID-19 pandemic by means of elevated worldwide visitation, however we’re assured that collectively we will create a resort that gives vital native financial stimulation in Wakayama prefecture, all through the Kansai area and the remainder of Japan.”

“Caesars is an iconic model, and we’re proud to accomplice with CNV to deliver it to Japan,” stated Tom Reeg, CEO of Caesars Leisure. “We imagine our expertise blends completely with CNV’s and stay up for creating one thing particular with them for the Kansai area.”

With over 80 years of expertise working with municipal and state governments and the encircling communities to offer the very best degree of service and experiences to its clients, Caesars operates greater than 50 properties throughout its model portfolio. As one of many largest and most dynamic on line casino and resort operators on the planet, Caesars creates world-class gaming and leisure experiences. Along with its breadth of expertise in operations and improvement, Caesars Leisure prides itself on a repute for accountable gaming.

The CNV crew is comprised of a complement of IR {industry} professionals and operators, together with; Mario Ho an Esports and leisure entrepreneur, director of CNV and Chairman and Co-CEO of NIP Group, a multinational Esports group; Clairvest Group, a seasoned Canadian personal fairness agency with expertise in 30 completely different land-based gaming and leisure resorts in Canada, america and Chile; and William Weidner, former president and chief working officer of Las Vegas Sands Corp. (LVS), and his crew comprising of Bradley Stone, former president of world operations and development at LVS and Garry Saunders, former COO of Melco Resorts & Leisure and VP of worldwide operations for LVS.

The mixed expertise of the events, coupled with the dynamic location and supportive regulatory coverage, will enable CNV to develop what would be the subsequent main world IR vacation spot.

About Clairvest Neem Ventures Ltd.
Clairvest Neem Ventures Ltd. is an built-in resort (IR) developer working in Wakayama prefecture Japan. It was chosen by the prefecture in June, 2021 as its improvement and IR working accomplice to acquire a nationwide IR license. The corporate was one of many earliest individuals within the Japan IR race, even earlier than the ratification of nationwide IR improvement act in 2018. Via considerate evaluation and meticulous planning by its seasoned principals, it selected Wakayama as its most well-liked level of entry into what’s perceived because the final remaining main IR market on the planet.

About Caesars Leisure, Inc.
Caesars Leisure, Inc. (NASDAQ: CZR) is the most important casino-entertainment firm within the US and one of many world’s most diversified casino-entertainment suppliers. Since its starting in Reno, NV, in 1937, Caesars Leisure, Inc. has grown by means of improvement of recent resorts, expansions and acquisitions. Caesars Leisure, Inc.’s resorts function primarily below the Caesars®, Harrah’s®, Horseshoe®, and Eldorado® model names. Caesars Leisure, Inc. affords diversified gaming, leisure and hospitality facilities, one-of-a-kind locations, and a full suite of cell and on-line gaming and sports activities betting experiences. All tied to its industry-leading Caesars Rewards loyalty program, the corporate focuses on constructing worth with its visitors by means of a singular mixture of impeccable service, operational excellence and know-how management. Caesars is dedicated to its workers, suppliers, communities and the setting by means of its PEOPLE PLANET PLAY framework. Know When To Cease Earlier than You Begin.® Playing Drawback? Name 1-800-522-4700. For extra info, please go to. www.caesars.com/company.


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SOURCE Caesars Leisure, Inc.