Glendronach Single Cask 487 UK Exclusive

 The second UK exclusive from Glendronach distillery is from single cask 487. A 19 year old single malt whisky laid to rest in 1993 in an oloroso sherry butt before being bottled in 2012. 673 bottles filled.

 Only £76.00

(£63.33 ex vat)

Click here to buy Glendronach Single Cask 487, UK Exclusive  
 
 
Abbey Whisky

enquiries@abbeywhisky.com
http://www.abbeywhisky.com/
0800 051 7737

Bushmill’s Black Bush Irish Whisky

40% alc/vol

Bushmill’s Black Bush Irish Whiskey is a rich, dark, blend from the world’s oldest licensed distillery.

Black Bush is aged up to eleven years in selection sherry-seasoned oak casks before being blended with a small portion of a special single grain whiskey to enhance the independant, non-conformist character of the malt.

Special Price!

£19.00

£3 off for one week only!

CLICK HERE TO BUY NOW

Single Malts Limited | 36 Gordon Street | Huntly | Aberdeenshire | AB54 8EQ |

The Balvenie Tun 1401 Batch 5 is now available for pre order via The Whisky Shop. Stock is very limited so order online today to avoid disappointment.

The latest release from David Stewart introduces the Balvenie Tun 1401 Batch 5, married from nine casks of the distillery’s characteristic spirit.

Selected from five traditional whisky casks & four sherry butts from Warehouse 24, the contents were transferred into the impressive Tun 1401 – a traditional oak marrying vessel cared for by the distillery’s onsite team of coopers.

David Stewart said: “Working with whiskies of this age is both a delight & a challenge, their individual characteristics are so rich & complex. Determining which of the vintage whiskies will work together takes time and it is important to do justice to them

Upon pouring, a fragrant fruit nose before sweet vanilla emerges alongside honey & spices. A smooth balance between sweetness & oak tannin, underpinning a sherried character full of dried fruits, cinnamon & ginger spiciness. Rich, sweet and spicy. Bottled at 50.1% volume.

Only 900 bottles available in the UK.

Stock arriving Tuesday 7th of August.

Click Here To Buy

The Whisky Shop
Tel 0141 440 0600
info@whiskyshop.com
http://www.whiskyshop.com/

The Best Laid Plans by Makr Reynier

The deal has been signed for Rémy to buy Bruichladdich for £58m, the highest price ever paid for a single Scottish malt whisky distillery.

I am conscious that, for legal reasons, there has had to be a dearth of information surrounding this news, and in that vacuum some strange stories have been circulating. Here’s my explanation of the recent turn of events.

Bruichladdich was the first to be bought out of industry ownership and reopened as a private, operating, single malt distillery. It cost £6.5m in December 2000.

Banks were not accustomed to an individual wanting to buy a distillery. Disitlleries were, after all, the reserve of conglomerates and cartels. This hare-brained idea was turned down, out of hand, by every bank except one. And it took eleven months to get them signed up.

To have a chance to develop Bruichladdich along the lines I had in mind, time was essential. Private equity would be needed – and lots of it.

Finding equity investors was not so difficult, and knowing that the stocks of maturing Bruichladdich could be borrowed against, I knew how much equity investment it would take. At least I thought so.

Venture capital, corporate investors, or other sources of money would not be appropriate for the length of timeI had in mind. And any public subsidy or grants for such a project were, at that time, prohibited.

Consequently, I chose a number of ‘sophisticated investors’, those for whom £100k was not their whole retirement nest egg, and to whom I could go to for more if it was necessary; and it was.

The investors were people I already knew through my wine business, were recommended, or were solicited from Islay. This meant a larger group of shareholders than usual for such a private venture. But it meant the company would not be beholden to any one person or interest; and any single shareholder could sell up without endangering the rest of the project. With specific articles of association, no one could sell their shares to a third party before offering them to existing shareholders, securing the ‘back door’ from unwanted attention.

To provide guidance, I chose as non-executive directors a businessman, an entrepreneur, an accountant, and as chairman, a baronet. This diverse mix of skills provided the advice, the checks and balance, the support – above and beyond the call – that has been essential, and with out which this project would surely have foundered. The one field they weren’t experienced in, was brand building, and this would lead to continual friction.

To run the business, as executive directors, this iconoclast chose a distiller, a manager, and a salesman. As it turned out over the decade, we went through three of the latter. These guys have given their all, slogged away through tough, times and dark days. At times it was frustratingly turgid, at others breathtakingly fluid, at all times it has been intense, but together we have wrestled and dragged this business along to where we are today.

With 60 shareholders we were obliged by the chairman to run Bruichladdich as a mini-public company. This great discipline, while tedious at first, rapidly became an indispensable benefit.

Around three offers to buy the business a year are received – mostly ridiculous, opportunistic cranky ones from overseas. These are easily vetted and discarded. Occasionally a more serious one comes in and then we are duty bound, on behalf of the shareholders, to give it due consideration, and then dismiss it.

In 2008 the board decided that 2014 would be the crossroads for Bruichladdich. Stocks would be plentiful, sales would beat our maximum, the brand architecture established, the brand well developed. We would then have three options: float the company, sell it, or ‘stick’.

As forecast, the company’s healthy profits more or less plateaued between 2009 and 2011 as firstly, the company moved from smaller volumes of limited edition, older stocks to larger volumes of younger, own-distilled whiskies; and secondly, substantial investments were made in administrative systems, new spirit and the brand (as well as a couple of extraordinary items in 2011) as we developed, financed and positioned Bruichladdich for the imminent growth spurt.

With our own mature stocks finally coming on line, Bruichladdich has now entered the long-anticipated period of turbo-growth, from 2012 to 2014, with sales anticipated to double. This rapid growth was predicted in our original business plan, though I must admit, a year or two later than envisaged. Sales growth for the first six months of 2012 was 60% over 2011, profits for the year are expected to show an impressive increase.

However, with any rapidly developing company there comes a time when larger capital sums are needed to finance greater growth, and for us that point would come towards 2014.

Our shareholders have been a content bunch. Even though we had never paid a dividend (all our profits being re-invested in the business) they have been pleased to be associated with such a successful brand and its ethos. Despite subscribing to a five year investment, rather than a twelve year one, none had ever asked to sell up. Instead, there has been only total support and encouragement.

Having only re-affirmed our 2014 denouement strategy at a January 2012 board meeting, along came Rémy. We discussed their initial approach in a board meeting in March. There were exhortations of freedom and rousing expressions of defiance from my fellow non-executive directors.

I guess they were serious. For at a board meeting a month later, convened expressly to consider the indicative offer the chairman had received, the board voted seven to one against me to accept the offer.

There were, I believe, a number of influencing factors such as health, wealth and happiness. Perhaps in a less volatile economic environment my fellow directors may have taken a different view to this albeit generous and opportune bird in the hand…

With the chairman recommending the deal to shareholders who would receive an eye-watering return, acceptance by the necessary 60% – though with genuine expressions of regret – was a foregone conclusion.

Rémy, though a quoted company, is still directed by three members of the Hériard Dubreuil family and their CEO Jean-Marie Laborde. Having met the family and his team several times, it is clear that they are on a mission to create an impressive, uber-premium, spirit-orientated business.

They are a dynamic bunch of guys who clearly understand and value what we have built up here at Bruichladdich. Indeed, it was no chance encounter; they have been following our progress closely since 2007. When it came to it they were prepared to dig deep to get hold of Bruichladdich. They wanted Bruichladdich because it is Bruichladdich, not Glen McSporran. For that we should be very flattered.

Rémy have the resources to double production (creating more jobs) to take Bruichladdich, via their own distribution channels, to a level and an audience that we could only dream of. Rémy are taking the long view. A very long view. And that can only be a good and admirable thing.

I always knew the right suitor for Bruichladdich would come from outside the whisky industry, a company that would truly value what we have laboriously built up: even if I had written the specification myself, Rémy could not be a more suitable candidate. I feel confident that Bruichladdich will very much be in the right hands.

But…

There is a feeling of unfinished business, that 2014 denouement. Could we have provided liquidity to shareholders and raised that extra capital from a flotation on a secondary exchange such as AIM? Or, could we have merely ‘stuck’, stayed put at 100k cases and rewarded shareholders with dividends? Bruichladdich, after all, has evolved into a rather unique type of company.

As with other Rémy businesses, Bruichladdich will continue to be a stand-alone company, operated from Islay, with Islay maturation and Islay bottling; having paid such a hefty price for Bruichladdich, the last thing the new owners are going to do is un-bruichladdich Bruichladdich.

Simon Coughlin will continue to run the show as he has done so effectively, while Jim, though he says he will retire in June 2013, I have no doubt will continue, at the very least, with his black art. In essence, Bruichladdich has merely exchanged 60 small shareholders for one bigger one. Bruichladdich will carry on as before.

And me? For a while, I had planned to be spending more time in Edinburgh as my son starts school there soon. When the deal is completed in three weeks or so (the speed of the transaction being a testament to the systems and that pesky public company level of information) I will leave the company, my role no longer existing, my job at an end. I may chose to continue with Bruichladdich in some form or other – we’ll see when the dust settles.

Who knows? Perhaps there’s a new Adventure out there somewhere, waiting to be discovered. But it could never be quite like this one.

GOLD FOR GLENDRONACH AND BENRIACH IN LONDON!

ON the opening day of the Olympics, the BenRiach Distillery Company is delighted to have won two golds, five silvers and a bronze medal!

The Edinburgh-headquartered company is celebrating eight awards, not at London 2012 of course, but at this year’s International Wine & Spirits Competition, the world’s most prestigious wine and spirit contest.

The results were announced today (27 July) in London.

The company’s full list of awards is:

Gold Medal
BenRiach 25YO
GlenDronach 12YO

Silver Medal / Outstanding
BenRiach 12YO
BenRiach 17YO Peated – Septendecim
GlenDronach 8YO – Octarine
GlenDronach 15YO
GlenDronach 15YO Tawny Port Finish

Bronze Medal
GlenDronach 21 YO

IWSC medals and trophies are the most highly regarded in the trade, representing the best of the best in the world of wines and spirits. The IWSC is judged by a panel selected from 300 fully-qualified and experienced industry judges. Noted for its intense and unrivalled judging process, the IWSC is proud to be the only competition of its kind that conducts a full blind tasting with extensive technical analysis.

BenRiach’s Sales Director Alistair Walker said: “We are really pleased by the results of this year’s competition and I suppose it’s quite fortuitous that the medals were awarded on the opening day of the Olympic Games!

“A number of these products are relatively new releases, such as the GlenDronach Octarine, 21YO and Port Finish, and the BenRiach Septendecim, so it’s nice to see them getting some industry recognition. We’re particularly delighted with the Gold Medal for the GlenDronach 12YO – this is our flagship GlenDronach expression, and we’ve invested heavily in the wood management programme at the distillery, so it’s satisfying to see that effort come to fruition.”

The tasting notes for the two gold winners are:

BenRiach 25 yo

NOSE
Rich honey, spices, apples and peat, in combination with superb oak-wood notes.

TASTE
A rich cocktail of honey, Oloroso sherry, cocoa and apples, supported by a fascinating presence of citrus, sweet peat and wonderful wood notes.

 
GlenDronach 12 yo

NOSE
Sweet, creamy vanilla, with hints of ginger. Autumn fruits.

TASTE
Rich, creamy, silky-smooth. Warm, rich oak and sherry sweetness, full mouth feel, raisins and soft fruits. Spicy with medium length and a dry finish.

A Taste from the Past – Grant’s 21 Years Old ‘Castle Grant’

Hello all,

I am on paternity leave this week following the birth of Finlay, our second child. Both mum and baby are doing very well and so, as is customary, I’ve been looking for a special dram to wet our baby’s head.

I eventually chose this 21-year-old Grant’s, bottled in the 1980s. Called ‘Castle Grant’, the name…(please click on the link below to read the remainder of the article)…

THE LINK

Kind regards,
Ludo

A new post is available at http://www.glenglassaugh.com/News/Blog/ Please feel free to add your comments or email us directly at the distillery at info@glenglassaugh.com

Slange

Stuart
 
Glenglassaugh Distillery
Portsoy, Scotland AB45 2SQ

‘The UK’s leading Whisky Experience where you can taste, learn about & enjoy the world’s finest whiskies’

Meet the Makers at The Whisky Exchange Whisky Show

Meet the marvellous minds behind your favourite whisky brands as part of the ‘Meet the Maker’ theme at The Whisky Exchange Whisky Show this year.

Set to be one of the highlights of the show, whisky-lovers have the chance to share a dram with the artisans responsible for creating some of the world’s most popular whiskies. You’ll be able to quiz the people behind the production of your favourite drams and discover the real art of whisky making.

The Makers already confirmed include Rachel Barrie, master blender for Morrison Bowmore; David Fitt, master distiller and distillery manager at the English Whisky Company; Kirstie McCallum, global Ambassador and former blender for Burn Stewart Distillers; Martin Hendry, head mashman at Tomatin; and Tony Rozga, production manager at Kilchoman. The experts will be hosting Q&A sessions throughout the weekend, where you can learn about what they do day to day and how their pieces of the whisky production story influence the final product. Or, if you consider yourself to be ‘less talk, more action’, why not stop by for a one-to-one with the Makers at their distillery stands to share a dream dram or two.

A full list of Makers attending The Show can be found on the Meet the Makers page our website.

Taking place at Vinopolis, London’s premium taste destination, The Whisky Exchange Whisky Show offers the chance to taste some of the finest, rarest and most expensive whiskies and enjoy and range of food pairings. The Show will run across the weekend of 6th-7th October 2012 from 12pm-6pm. Tickets are available to buy now

For more information about The Whisky Exchange Whisky Show please visit www.whisky-show.com or to book tickets visit www.whisky-show.com/tickets

Notes:

Visit http://www.whisky-show.com for full information on the Show

About The Whisky Exchange Whisky Show:

 The Whisky Exchange Whisky Show consumer sessions will take place on: Saturday 6th October 12:00pm-6.00pm Sunday 7th October 12:00pm-6.00pm
 It will take place at Vinopolis, situated near London Bridge.
 All food and drink (apart from ‘Dream Drams’, see below) is included in the price of admission.
 A small number of rare and expensive ‘Dream Drams’, which have ranged in price in previous years from £500 to over £3000 per bottle, will be available to try on presentation of tokens. Each visitor will receive a token with admission and further tokens can be bought at the Show.
 Tickets will include a two course meal designed by renowned whisky and food expert Martine Nouet.
 Masterclass events are still to be announced, but in the past have included tastings led by writers Dave Broom, Serge Valentin and Charles Maclean; Whyte & Mackay Master Blender Richard Paterson; Gordon & Macphail Managing Director David Urquhart; Glenfarclas Sales Director George Grant; and brand ambassadors including Highland Park’s Gerry Tosh and Diageo’s Colin Dunn. These have covered a wide range of whiskies from the impressive to the fabled, including Dalmore’s 50 year old Candela and Gordon & Macphail’s Glenlivet 70 year old.
 Tickets will be on sale through http://www.whisky-show.com in Spring 2012.

About Vinopolis:
Vinopolis has been established as an exhibition centre and tasting venue for wines and spirits since 1999, and is located in the arches of a Victorian railway viaduct built in 1866. With its soaring vaulted arches and perfect location adjacent to the world-famous Borough Market and London Bridge, Vinopolis is the ideal setting for The Whisky Exchange Whisky Show.

With its nearby transport links and accommodation, Vinopolis is easy to get to for people attending from in and around London, as well as being highly convenient for visitors and exhibitors travelling to the event from further afield.

2011 testimonials:

Fantastic event, feel I have learnt so much in a short space of time. The Masterclasses have been excellent… bring on next year! Dawn Davies, Selfridges

Well organised on the two days. Good, engaged consumers who wanted to learn… Jamie Milne, Glenfiddich

I was quite amazed at the mix of people attending, from the London-based enthusiasts to the Scandinavians who appeared in force, to the Russian who flew in from Portugal and planned his holiday around the event…!

A message from our friends at An cnoc…

As a fan of anCnoc you will already know that we teamed up with renowned Scottish illustrator Peter Arkle to produce a series of Limited Edition releases. Each release celebrates a unique aspect of our distillery. If you look carefully, you will see that Peter has captured the ingredients used to make anCnoc in his design for this pack, as well as that invisible element which makes anCnoc so special… MAGIC!

It’s not just the packaging that is special and unique, the liquid inside is too. Hand selected by Distillery Manager, Gordon Bruce, this Limited Edition is matured in Spanish oak sherry butts. This gives the whisky a darker colour and notes of spices and dried fruits.

However, what you might not be aware of is that this release was limited to only 1000 cases worldwide and is almost gone so get your hands on a bottle quickly.

P.S. The 2nd Peter Arkle Limited Edition will be launching soon… watch this space!

Buy anCnoc limited editions

Watch the video about Peter Arkle’s process

Learn about anCnoc’s limited edition Peter Arkle designs

World Series of Poker to be presented by Southern Comfort 100 Proof 

LAS VEGAS – July 2012 – Southern Comfort 100 proof announces it will be the presenting sponsor of the ninth season of the World Series of Poker Circuit Tour with a record 20 stops on tap for this year’s series.

A WSOP gold bracelet will be on the line for WSOP Circuit grinders in a season-culminating National Championship event taking place at Harrah’s New Orleans just after the final Circuit stop, from May 21-23, 2013. With Southern Comfort 100 Proof on as the Presenting Sponsor, the WSOP will bring the nationally televised finale to where it all began – for both poker and Southern Comfort – New Orleans, Louisiana.

Southern Comfort 100 proof will have title sponsor designation at all 20 circuit events throughout the US as well as at the National Championship in New Orleans. In addition, Southern Comfort 100 proof will receive logo placement on the inner rail and flop box of the feature table which will be nationally televised. As part of the sponsorship agreement Southern Comfort 100 proof has spirits category exclusivity at all WSOP events for the 2012-2013 tour year.

“This marks a tremendous milestone for Southern Comfort 100 proof as the first major sponsorship we’ve ever done for the brand,” said Jason Kempf, Southern Comfort US Brand Director. “We look forward to partnering with the WSOP and their massive following to build awareness for Southern Comfort 100 proof and open up exciting new opportunities for both parties.”

The World Series of Poker Circuit Events Presented by Southern Comfort 100 Proof will begin August 9 at Imperial Palace Biloxi in Mississippi with a 12-ring event schedule, with the Main Event set to begin on Saturday, August 18.

The tour continues almost non-stop through December 17, and then after a short holiday break resumes on January 3 and continues without break through May 20, 2013. Scheduling the National Championship immediately adjacent to the final event will create a “last shot” phenomenon that is sure to bring excitement to the Crescent City.

Once again a points-ranking system for all ring tournament participants will be used and will reward those players who participate in multiple events – with the Top 100 players qualifying for the Southern Comfort 100 World Series of Poker National Championship (May 21-23, 2013 in New Orleans).

Each WSOP Circuit stop Main Event winner will receive an automatic berth into the Southern Comfort 100 World Series of Poker National Championship. Automatic bids will also go to the “Casino Champions” at each participating venue. A Casino Champion is defined as the player at each stop whom accumulates the most points throughout the 12-event gold ring schedule.

“We’re coming off the best year of participation in the history of the WSOP Circuit and the addition of these new markets really brings our vision to life,” said WSOP Executive Director Ty Stewart. “We want to have the #1 regional tour to go alongside the number one super event in poker. We believe we have the best offering in terms of value and ROI at these stakes and the most exciting championship format,” added Stewart. “We’re thrilled to add a big-time marketing partner like Southern Comfort 100 Proof, who is a natural fit for this platform and will truly help grow the profile of the tour.”

The 2011-12 WSOP Circuit Tour featured 17 stops and exceeded 70,000 entries in official ring events, easily making it the #1 domestic poker tour. Highlights included a record 3001 players for the opening event at Horseshoe Hammond. A number of the 2011-12 Main Events exceeded $1,000,000 in prize pool.

The entire 2012-13 schedule is as follows:

WORLD SERIES OF POKER 2012-2013 CIRCUIT TOUR SCHEDULE

TOURNAMENT DATES & TOURNAMENT LOCATION

August 9-20, 2012 IP Casino Resort & Spa (Biloxi, MS)

September 13-24, 2012 Horseshoe Bossier City (Louisiana)

September 27 – October 8, 2012 Horseshoe Southern Indiana

October 11-22, 2012 Horseshoe Hammond (Chicago)

October 27 – November 7, 2012 River Rock (Vancouver, Canada)

November 8-19, 2012 Harveys Lake Tahoe

November 29- December 10, 2012 Harrah’s Atlantic City

December 6 – 17, 2012 Harrah’s Rincon (San Diego area)

January 3-14, 2013 The Bicycle Casino (Los Angeles)

January 10-21, 2013 Choctaw Durant (Dallas/Oklahoma)

January 24 – February 4, 2013 Harrah’s Tunica (Mississippi)

February 7-18, 2013 Caesars Palace (Las Vegas)

February 14-25, 2013 Palm Beach Kennel Club (Florida)

February 28 – March 11, 2013 Caesars Atlantic City

March 14-25, 2013 Horseshoe Cleveland

March 27 – April 8, 2013 Foxwoods (Connecticut)

April 4-15, 2012 Harrah’s Cherokee (North Carolina)

April 11 – April 22, 2013 Horseshoe Council Bluffs (Iowa)

April 25 – May 6, 2013 Harrah’s Philadelphia

May 9 – May 20, 2013 Harrah’s New Orleans

May 21-23, 2013 (National Championship) Harrah’s New Orleans

Circuit schedules are subject to change. Stops may be added or removed. For more information on individual circuit events, including event schedules and structure sheets, can be found at each property website or by visiting www.WSOP.com

*The WSOP Circuit Events and culminating championship are subject to tournament rules and restrictions to be released at a later date. The timing, number and location of events are subject to change and all applicable gaming regulations.

ABOUT THE WSOP

The World Series of Poker (WSOP) is the largest, richest and most prestigious gaming event in the world awarding millions of dollars in prize money and the prestigious gold bracelet, globally recognized as the sport’s top prize. Featuring a comprehensive slate of tournaments in every major poker variation, the WSOP is poker’s longest running tournament in the world, dating back to 1970. In 2012, the event attracted 74,766 entrants from 101 different countries to the Rio in Las Vegas and awarded over $222 million in prize money. In addition, the WSOP has formed groundbreaking alliances in broadcasting, digital media and corporate sponsorships, while successfully expanding the brand internationally with the advent in 2007 of the World Series of Poker Europe. The WSOP Circuit Tour is entering its ninth season in 2012-13. For more information on the World Series of Poker, please visit www.WSOP.com

ABOUT SOUTHERN COMFORT

Southern Comfort®, a fruit, spice, and whiskey flavored liqueur, was created in New Orleans by bartender M.W. Heron in 1874. Today, it is enjoyed by friends in over 100 countries around the world and continues to grow as an icon brand. Please visit us at SouthernComfort.com and facebook.com/southerncomfort.

Drinking Responsibly Is Your Best Bet.

Liqueur, 15-50% Alc. by Volume, Southern Comfort Company, Louisville, KY ©2012

ABOUT CAESARS ENTERTAINMENT CORPORATION

Caesars Entertainment Corporation is the world’s most geographically diversified casino-entertainment company. Since its beginning in Reno, Nevada, more than 74 years ago, Caesars has grown through development of new resorts, expansions and acquisitions and now operates casinos on four continents. The company’s resorts operate primarily under the Caesars®, Harrah’s® and Horseshoe® brand names. Caesars also owns the World Series of Poker® and the London Clubs International family of casinos. Caesars is focused on building loyalty and value with its guests through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership. We are committed to environmental sustainability and energy conservation and recognize the importance of being a responsible steward of the environment. For more information, please visit www.caesars.com

This release includes “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. You can identify these statements by the fact that they do not relate strictly to historical or current facts. These statements contain words such as “may,” “will,” “project,” “might,” “expect,” “believe,” “anticipate,” “intend,” “could,” “would,” “estimate,” “continue” or “pursue,” or the negative or other variations thereof or comparable terminology. In particular, they include statements relating to, among other things, future actions, strategies, future performance, and the outcomes of contingencies of Caesars Entertainment and the WSOP Circuit Events. These forward-looking statements are based on current expectations and projections about future events.

Investors are cautioned that forward-looking statements are not guarantees of future events or results and involve risks and uncertainties that cannot be predicted or quantified and, consequently, the actual events described herein may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the following factors:

our ability to secure all of the locations of the WSOP Circuit Events and the time and place of such events;
rules and regulations of the gaming and other regulatory agencies that govern the WSOP Circuit Events; and
our ability to secure a party to produce and televise the WSOP Circuit Events, and or the National Championship.

Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. Caesars disclaims any obligation to update the forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release.