ENTERTAINMENT 3Q 2019 Earnings • November 5, 2019 CAESARS ENTERTAINMENT CORPORATION 1 Performance Highlights Labor Efficiency3 Improvement 20bps 60bps • Net revenues +2.3% YoY LTM 3Q19 LTM 3Q19 3Q 2019 • Adjusted EBITDAR1+6.3% YoY • Adjusted EBITDAR margin1 +100bps • Customer Service Scores +2.65% • Net Promoter Score +4.02% Marketing Efficiency2 Improvement 20.3% 20.1% LTM 3Q18 LTM 3Q19 LTM 3Q18 LTM 3Q19 24.0% 23.4% Merger with Eldorado Resorts expected to close in 1H 2020 1. Adjusted EBITDAR and related m ...