Caesars Entertainment, Inc. (the “ Borrower”) and JPMorgan Chase Bank, N.A., as administrative agent (the “ Administrative Agent”), entered into a Second Amendment to Credit Agreement, which amends that certain Credit Agreement, dated as of July 20, 2020, among the Borrower, the Administrative Agent, the lenders party thereto from time to time and U.S. Bank National Association, as collateral agent for the secured parties under the Credit Agreement. Prior to the Amendment, any revolving loans under the Credit Agreement denominated in Euros, Sterling or Yen could accrue interest based on the London Interbank Offered Rate (“ LIBOR”). Pursuant to the Amendment, LIBOR for revolving loans denominated in such currencies was replaced by in the case of revolving loans denominated in Euros, the euro interbank offered rate administered by the European Money Markets Institute as adjusted for certain statutory reserves, in the case of revolving loans denominated in Sterling, the Sterling Overnight Index Average published by the Bank of England plus an adjustment of 3.26 basis points and in the case of revolving loans denominated in Yen, the Tokyo interbank offered rate administered by the Ippan Shadan Hojin JBA TIBOR Administration as adjusted for certain statutory reserves.