Exhibit

Exhibit 99.1

Excerpts from Monthly Operating Report for the Period from

February 1, 2017 to February 28, 2017

General Notes

Description of These Chapter 11 Cases

On January 15, 2015 (the “Petition Date”), each of the Debtors filed voluntary petitions for relief under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Northern District of Illinois (the “Bankruptcy Court”). The Debtors’ chapter 11 cases are jointly administered for procedural purposes only under In re Caesars Entertainment Operating Company, Inc., No. 15-01145 (ABG) (Bankr. N.D. Ill.) pursuant to an order entered by the Bankruptcy Court on January 16, 2015 [Docket No. 43]. On February 5, 2015, the United States Trustee for the Northern District of Illinois (the “U.S. Trustee”) appointed a statutory committee of unsecured creditors and a statutory committee of second priority noteholders, in each case pursuant to section 1102(a)(1) of the Bankruptcy Code [Docket Nos. 264, 266, 317]. On January 17, 2017, the Bankruptcy Court entered an order [Docket No. 6334] confirming the Debtors' Third Amended Joint Plan of Reorganization Pursuant to Chapter 11 of the Bankruptcy Code [Docket No. 6318]. The Debtors continue to operate their business and manage their properties as debtors in possession pursuant to sections 1107(a) and 1108 of the Bankruptcy Code. Additional information about these chapter 11 cases, court filings, and claims information is available at the Debtors’ restructuring website:

https://cases.primeclerk.com/ceoc/.

Notes to MOR-2 and MOR-3:

This Monthly Operating Report (“MOR”) has been prepared on a consolidated basis for the Debtors. For the basis of presentation, “affiliates” reflect investments made by CEOC or other enterprise wide non-CEOC entities. Non-debtor CEOC subsidiaries are accounted for using the equity method. The financial information contained herein is unaudited, limited in scope, covers a limited time period, and has been prepared solely for the purpose of complying with the monthly reporting requirements applicable in these chapter 11 cases.

As noted above, this MOR is not prepared in accordance with GAAP and does not include all of the information and footnotes required thereby. Additionally certain transactions that would be required to be included in GAAP financial statements are not reflected in this MOR. There can be no assurance that the consolidated financial information presented herein is complete, and readers are strongly cautioned not to place reliance on this MOR, which was not prepared for the purpose of providing the basis for an investment decision relating to any of the securities of the Debtors.

The unaudited financial statements have been derived from the books and records of the Debtors. The information furnished in this MOR includes certain normal recurring adjustments, but may not include all the adjustments that would typically be made for the quarterly and annual consolidated financial statements in accordance with GAAP. Furthermore, the monthly financial information contained herein has not been subjected to the same level of accounting review and testing that the Debtors apply in the preparation of their quarterly and annual consolidated financial information in accordance with GAAP. Upon the application of such procedures, the Debtors believe that the financial information may be subject to change, and these changes could be material.

The financial information contained herein is presented on a preliminary and unaudited basis and remains subject to future adjustment (which may be material) and reconciliation. However, the Debtors are not required to publicly update this MOR to reflect more current facts or estimates, or upon the occurrence of future events, including if the facts, estimates, or assumptions upon which this MOR is based change.

UNITED STATES BANKRUPTCY COURT

NORTHERN DISTRICT OF ILLINOIS

EASTERN DIVISION

In re: CAESARS ENTERTAINMENT OPERATING Case No.: 15-01145 (ABG)

COMPANY, INC., et al. Debtors. Reporting Period: 2/1/2017 - 2/28/2017

Notes to the Monthly Operating Report

The results of operations contained herein are not necessarily indicative of results that may be expected from any other period or for the full year and may not necessarily reflect the consolidated results of operations, financial position, and cash flows of the Debtors in the future. The Debtors have not made and do not make any representation to any person regarding the Debtors’ future results.

Intercompany transactions between Debtors have been eliminated from the financial statements contained herein. Intercompany transactions with the Debtors’ non-Debtor subsidiaries and affiliates have been included in the financial statements.

As a result of the Debtors’ chapter 11 filings, the payment of prepetition indebtedness is subject to compromise or other treatment under a plan of reorganization. The amounts currently classified as liabilities subject to compromise may be subject to future adjustments depending on Bankruptcy Court actions, payments pursuant to Bankruptcy Court order, further developments with respect to, among other things, the reconciliation and adjudication of claims, determinations of the secured status of certain claims, the value of any collateral securing such claims, rejection of executory contracts, or other events. The determination of how liabilities will ultimately be settled and treated cannot be made until the Bankruptcy Court approves a chapter 11 plan of reorganization. Accordingly, the ultimate amount of such liabilities is not determinable at this time.

There can be no assurance that, from the perspective of an investor or potential investor in the Debtors’ securities that this MOR is complete. Likewise, no assurance can be given as to the value, if any, that may be ascribed to the Debtors' various prepetition liabilities and other securities. Results set forth in this MOR should not be viewed as indicative of future results. Accordingly, caution should be exercised with respect to existing and future investments in any of these securities or claims against the Debtors.

UNITED STATES BANKRUPTCY COURT

NORTHERN DISTRICT OF ILLINOIS

EASTERN DIVISION

In re: CAESARS ENTERTAINMENT OPERATING Case No.: 15-01145 (ABG)

COMPANY, INC., et al. Debtors. Reporting Period: 2/1/2017 - 2/28/2017

MOR - 2

Statement of Operations (Unaudited) - Month Ended February 28, 2017 (in millions)



	Month Ended
	February 28, 2017
Revenues
Casino	$	221.4
Food and beverage	52.0
Rooms	35.6
Management fees	7.5
Other	20.1
Reimbursed management costs	6.2
Less: casino promotional allowances	(40.1		)
Net revenues	302.7
Operating expenses
Direct
Casino	125.2
Food and beverage	22.0
Rooms	6.9
Property, general, administrative, and other	59.5
Reimbursable management costs	6.2
Depreciation and amortization	24.7
Write-downs and reserves, net of recoveries	0.8
(Gain)/loss on interests in CEOC non-debtor subsidiaries and non-consolidated affiliates	(2.2		)
Corporate expense	5.1
Amortization of intangible assets	1.9
Total operating expenses	250.1
Income from operations	52.6
Interest expense	(16.1		)
Other income, including interest income	2.8
Reorganization items	(6.9		)
Income from continuing operations, before income taxes	32.4
Income tax provision	(2.4		)
Income from continuing operations, net of income taxes	30.0
Income from discontinued operations, net of income taxes	0.2
Net income	30.2
Less: net income attributable to noncontrolling interests	(0.6		)
Net income attributable to CEOC Debtors	$	29.6

UNITED STATES BANKRUPTCY COURT

NORTHERN DISTRICT OF ILLINOIS

EASTERN DIVISION

In re: CAESARS ENTERTAINMENT OPERATING Case No.: 15-01145 (ABG)

COMPANY, INC., et al. Debtors. Reporting Period: 2/1/2017 - 2/28/2017

MOR - 3

Balance Sheet (Unaudited) - As of February 28, 2017 (in millions)



	As of February 28, 2017
Assets
Current assets
Cash and cash equivalents	$	1,284.2
Receivables, net	258.6
Prepayments and other current assets	58.1
Inventories	27.3
Due from non-debtor subsidiaries and affiliates	279.6
Total current assets	1,907.8
Property and equipment, net	5,333.6
Goodwill	673.9
Intangible assets other than goodwill	2,306.4
Investments in and advances to non-consolidated affiliates	31.9
Restricted cash	19.3
Deferred income taxes	24.9
Deferred charges and other	282.5
Note receivable from non-debtor subsidiaries	770.8
Total assets	$	11,351.1
Liabilities and Stockholders' Deficit
Current liabilities
Accounts payable	$	99.0
Due to non-debtor subsidiaries and affiliates	14.4
Accrued expenses and other current liabilities	378.4
Current portion of long-term debt	1.3
Total current liabilities	493.1
Long-term debt	43.2
Accumulated losses in excess of investment in non-debtor subsidiaries	855.2
Deferred income taxes	1,467.2
Deferred credits and other	271.4
Liabilities subject to compromise	18,487.5
Total liabilities	21,617.6

Stockholders' deficit	(10,287.3		)
Noncontrolling interests	20.8
Total stockholders' deficit	(10,266.5		)
Total liabilities and stockholders' deficit	$	11,351.1