Caesars Entertainment hailed the support of its employee assistance fund ‘Caesars Cares’ from a number of long-standing business partners that the casino and entertainment operator states have ‘generously contributed’ to.
The fund is organised to help the company’s team members around the US who are experiencing unexpected challenges, including as a result of the COVID-19 public health emergency, during the closure of Caesars’ properties.
The fund is made up of donations from the board of directors, management team and business partners of the company, as well as numerous donations made by the Caesars Foundation across the US to organisations fighting COVID-19 in communities where the company operates.
In addition , the company recently granted a grant to the Las Vegas Culinary Academy that displaced union workers and their families from the services.
Caesars previously announced it had donated hundreds of thousands of pounds of food to local food banks along with cleaning supplies and thousands of personal protective equipment items to first responders and medical facilities fighting COVID-19, and recently contributed cots and hundreds of bed linens, pillows and hygiene kits to various homeless shelters and care facilities.
Carl Icahn has made a $350,000 grant to Caesars Cares for a total of $700,000, matched by donations from many of the company’s business partners.
Which include contributors from the hospitality and dining sector, Gordon Ramsay, Giada De Laurentiis, Guy Fieri and Bobby Flay, Mr. Chow, Nobu Restaurant, Old Homestead and Rao’s. Then Criss Angel, Jeff Dunham, Mat Franco, Jimmy Kimmel, Wayne Newton, Penn & Teller, Piff the Magic Dragon, Jerry Seinfeld and Donny Osmond, the entertainment partner donors.
Show contributions come from Bronx Wanderers, The Mac King Comedy Magic Show, Menopause the Musical, Paranormal and X Burlesque, with several other business partners from the company also making donations, including Adobe, Base Entertainment, C3 Presents, Desert Labor, Glist Entertainment, Kre8 Media, Red Mercury, Stable Productions, Ticketmaster and We Serve.
Tony Rodio, CEO of Caesars Entertainment stated: “Caesars Cares will provide an additional financial bridge to team members experiencing unexpected setbacks as we work towards resuming operations and restoring normal business conditions. Generous donations from our business partners reflect the depth of Caesars’ caring culture.
“Additionally, since the beginning of this public health emergency, Caesars Foundation has shifted its focus to support our communities by helping 20 charitable organisations across the country fighting COVID-19.”