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TheStreet Open House

Caesars Entertainment Management Discusses Q2 2012 Results - Earnings Call Transcript

Caesars Entertainment (CZR)

Q2 2012 Earnings Call

August 06, 2012 5:00 pm ET

Executives

Jacqueline Beato

Gary W. Loveman - Chairman, Chief Executive Officer, President, Interim Chief Financial Officer and Chairman of Executive Committee

Eric Hession - Vice President of Finance and Treasurer

Analysts

David Farber

Shaun C. Kelley - BofA Merrill Lynch, Research Division

Susan Berliner - JP Morgan Chase & Co, Research Division

James Taylor

Dennis I. Forst - KeyBanc Capital Markets Inc., Research Division

Greg Roselli

Kevin Coyne - Goldman Sachs Group Inc., Research Division

Peter Dalena - Citigroup Inc, Research Division

Presentation

Operator

Good afternoon. My name is Kimberly, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Caesars Entertainment Second Quarter 2012 Earnings Conference Call. [Operator Instructions] Jackie Beato, you may begin your conference.

Jacqueline Beato

Good afternoon, and welcome to the Caesars Entertainment Second Quarter Results Conference Call. Joining me today are Gary Loveman, Chief Executive Officer; and Eric Hession, Senior Vice President of Finance and Treasurer of Caesars.

Following our prepared remarks this morning, we will turn the call over for your questions. A copy of our press release and a replay of this conference call will be available in the Investor Relations section of our website at caesars.com.

Before I turn the call over to Gary, I would like to call your attention to the following information. The Safe Harbor disclaimer in our public documents covers this call and the simultaneous live webcast at caesars.com. The forward-looking statements made during this conference call reflect the opinion of management as of the date of this call. There are risks and uncertainties with such statements, which are detailed in our filings with the SEC.

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