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The Aspen Skiing Company (ASC), located in Aspen, Colorado, was founded in 1946 by Chicago-based industrialist and philanthropist Walter Paepcke and his wife Elizabeth. Originally a mining town, Aspen began attracting recreational skiers after the 1932 Winter Olympics in Lake Placid, New York began to draw Americans` interest in the sport. In 1938, the Paepckes took a trip to Aspen and, after falling in love with the surroundings, envisioned transforming the town into a cultural center, whose purpose would be the “renewal of the inner spirit.” In 1945, Walter began acquiring land and met with the original founder of Aspen`s ski club and school, which he was looking to acquire. A deal was struck and in January 1946, the Aspen Skiing Company was incorporated. In its first year, ASC established a chair lift, a ski patrol, and held three races that garnered its difficult mountain terrain some notoriety. In 1950, Aspen hosted the United States` first world skiing competition, which attracted over 1,500 people and gave ASC worldwide visibility. After several subsequent changes in ownership, ASC became privately owned in 1993 by the Crown family of Chicago, Illinois. We are a values-driven company, owned and operated by people who share a common appreciation and respect for the pristine environment in which we live and fully embrace the Aspen Idea centered around the renewal of Mind, Body, and Spirit. We have a collective responsibility to ensure that our company is a rewarding place to work and our community a desirable place to live. We respect and nurture the delicate balance between “resort” and “community” that makes us unique. The combination of our values-based company with unparalleled mountain sports, community, history, culture and environment gives us a unique market niche. We are successful because we live the values and principles expressed here.
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Caesars Entertainment Corporation (CEC) is the world`s most diversified casino-entertainment provider and the most geographically diverse U.S. casino-entertainment company. CEC is mainly comprised of the following three entities: the majority owned operating subsidiary Caesars Entertainment Operating Company, wholly owned Caesars Entertainment Resort Properties and Caesars Growth Properties, in which we hold a variable economic interest. Since its beginning in Reno, Nevada, 75 years ago, CEC has grown through development of new resorts, expansions and acquisitions and its portfolio of subsidiaries now operate 50 casinos in 13 U.S. states and five countries. The Company`s affiliated resorts operate primarily under the Caesars®, Harrah`s® and Horseshoe® brand names. CEC`s portfolio also includes the London Clubs International family of casinos. CEC 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. The Company is committed to environmental sustainability and energy conservation and recognizes the importance of being a responsible steward of the environment.