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Caesars responds to allegations

LAS VEGAS, Nevada –- (PRESS RELEASE) -- Responding to grossly inaccurate media speculation about the gaming activity of prominent entertainment entrepreneur Rene Angelil, Caesars Palace issued a statement today.

"Allegations that Rene gambles as much as $1 million per week are totally false," said Gary Selesner, president of the famed resort. "In deference to the privacy of all our guests, we don't discuss their gaming or hotel patronage, but with Rene's permission, we would like to set the record straight. His casino losses in 2005 and 2006 have totaled exactly $230,300, which have been more than offset by his tournament poker winnings, of $259,079, which are posted on the Internet.

"Rene and his wife Celine Dion are very dear to us," Selesner continued. "In addition to being the best partners a business person could want, they are exemplary people, whose integrity, achievement and philanthropy have justly earned worldwide respect. In life and in business, Rene is a winner, and one of the finest people I have ever known. Caesars Palace is very sorry for any embarrassment that may have resulted from the media speculation."

The Caesars Palace response was issued after an inaccurate statement appeared in newspapers.

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