LAGUNA DEVELOPMENT CORPORATION PARTNERS WITH CAESARS SPORTSBOOK TO OPEN SPORTSBOOKS AT LDC PROPERTIES IN NEW MEXICO

Three Caesars Sportsbook retail sportsbooks are now open at
LDC gaming properties in the Albuquerque metro area

ALBUQUERQUE, NM (May 20, 2024) – Laguna Development Corporation (LDC) today announced a partnership with Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) to open multiple in-person sportsbooks at LDC gaming properties in New Mexico. In-person sports wagers are now being accepted at newly opened Caesars Sportsbook locations at Route 66 Casino Hotel and Casino Xpress west of Albuquerque and Dancing Eagle Casino east of Grants.

“We are excited to partner with one of the world’s leading gaming companies to provide New Mexico sports fans a world-class wagering experience that connects our guests with sporting events around the country and the world,” said Maxine Velasquez, President and CEO of LDC. “The introduction of Caesars Sportsbook to the Albuquerque metro market represents our long-held strategy to bring our guests the finest products and services available in the industry.”

“LDC shares our passion for treating guests like royalty,” said Eric Hession, President of Caesars Digital. “We believe that bringing our first-class Caesars Sportsbook locations and sports betting kiosks to their historic properties will provide an elevated and rewarding sports wagering experience built for the modern sports fan 21 and older in New Mexico.”

Route 66 Casino Hotel introduced sports wagering to the property in 2019. The Book has become a go-to destination for sports bettors, with events featured on dozens of TV screens throughout the venue. According to Route 66 Casino Hotel General Manager Adrian Fox, “As we continue to make improvements and upgrades throughout our casino and restaurants this year, we are also providing our guests with new special amenities, including access to one of the country’s leading sports betting brands. Wagering options on the Caesars Sportsbook platform are nearly unlimited in scope, encompassing sports from around the world.”

Sports betting will be a new addition to Dancing Eagle Casino’s array of casino options that currently feature 400 of the newest most popular slots and bingo.

Caesars Entertainment is an industry leader in Responsible Gaming, and its focus on promoting Responsible Gaming is emphasized in jurisdictions where Caesars Sportsbook branded in-person and mobile wagering operate. In March 2024, Caesars Sportsbook received the prestigious RG Check accreditation from the Responsible Gambling Council in Ontario, Canada, which recognizes companies that achieve the highest standards for their Responsible Gaming practices.

Caesars enforces an enhanced 21+ gaming policy that ensures Caesars Rewards membership and accounts are only available to individuals 21 and older, where permitted by law.

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About Laguna Development Corporation
Laguna Development Corporation has had a remarkable history of successful business ventures since its inception in 1998, when LDC embarked on a journey towards securing a solid future for the Pueblo of Laguna. Starting out in the retail market, LDC quickly moved to gaming, food and beverage, entertainment and hospitality; mastering each over the course of the next sixteen years. Laguna Development Corporation is a Pueblo of Laguna owned business pursuing opportunities that improve and strengthen the Laguna community and its economy. Through high performance culture we provide unparalleled entertainment, extraordinary customer service and quality products. LDC honors their core values and with an enterprising spirit foster growth opportunities for the LDC family. Today, LDC currently manages and operates: Route 66 Casino, the 154-room Route 66 Casino Hotel, Casino Xpress, Route 66 Travel Centers (Including Dairy Queen Grill & Chill) – two locations: Interstate 40, Exit 108 and 140, 66 Pit Stop Gas Station & Convenience Store at Exit 114, Route 66 RV Resort, four Laguna Burger locations: Interstate 140, Exit 114 and 140, Latitudes in Rio Rancho and on 12th Street in Albuquerque, Dancing Eagle Casino, Dancing Eagle Travel Center (Including Dairy Queen Grill & Chill and Villa Prima Pizza), Dancing Eagle RV Park, The Marketplace @ Dancing Eagle grocery store and Ace Hardware and the Paguate Mart.

About Caesars Entertainment, Inc.
Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino-entertainment Company in the U.S. and one of the world’s most diversified casino-entertainment providers. Since its beginning in Reno, NV, in 1937, Caesars Entertainment, Inc. has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment, Inc.’s resorts operate primarily under the Caesars®, Harrah’s®, Horseshoe®, and Eldorado® brand names. Caesars Entertainment, Inc. offers diversified gaming, entertainment and hospitality amenities, one-of-a-kind destinations, and a full suite of mobile and online
gaming and sports betting experiences. All tied to its industry-leading Caesars Rewards loyalty program, the Company focuses on building value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. Know When To Stop Before You Start.® Gambling Problem? Call or text 1-800-GAMBLER. For more information, please visit www.caesars.com/corporate.

Responsible Gaming in New Mexico
Must be 21 or older to gamble. Know When To Stop Before You Start®. Gambling Problem? Call 1-888-696-2440

Media Contacts:
Maria Lamar, mlamar@poldc.com
Brad Harwood, bharwood@caesars.com