Caesars Entertainment Corporation
CAESARS ENTERTAINMENT Corp (Form: 3, Received: 03/23/2012 15:34:21)
FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Shaukat Tariq M

2. Date of Event Requiring Statement (MM/DD/YYYY)
3/13/2012 

3. Issuer Name and Ticker or Trading Symbol

CAESARS ENTERTAINMENT Corp [CZR]

(Last)        (First)        (Middle)

ONE CAESARS PALACE DRIVE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
EVP & Chief Marketing Officer /

(Street)

LAS VEGAS, NV 89109       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
No securities beneficially owned.   0   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:

Remarks:
Mr. Shaukat's title is pending all regulatory approvals.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Shaukat Tariq M
ONE CAESARS PALACE DRIVE
LAS VEGAS, NV 89109


EVP & Chief Marketing Officer

Signatures
/s/ Tariq M. Shaukat 3/23/2012
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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LIMITED POWER OF ATTORNEY

        The undersigned director, officer, or ten percent stockholder of Caesars
Entertainment Corporation, a Delaware corporation (the "Company"), hereby constitutes
and appoints Jonathan S. Halkyard, Michael D. Cohen, or Jill Eaton full power to act as
his/her true and lawful attorney-in-fact and agent for him/her and in his/her name, place
and stead, in any and all capacities related to the execution of all documents required
by the Securities and Exchange Commission for timely reporting of transactions in
Company securities pursuant to Section 16(a) of the Securities and Exchange Act of
1934, as amended, granting unto said attorney-in-fact and agent full power and
authority to do and perform each and every act and thing requisite and necessary to be
performed in connection with such matters as fully to all intents and purposes as the
undersigned officer might or could do in person, hereby ratifying and confirming all that
said attorney-in-fact and agent or his substitutes or substitute, may lawfully do or cause
to be done by virtue hereof.
        IN WITNESS WHEREOF, the undersigned has hereunto set his/her hand this
16th day of March, 2012.

                                                /s/ Tariq Shaukat______________________
Name: Tariq Shaukat
Title: Executive Vice President and Chief
Marketing Officer