“Maloof Sports & Entertainment and the Palms Casino Resort Extend Partnership With Ticketmaster” West Hollywood, CA (Ticketmaster Entertainment, Inc.; Maloof Sports & Entertainment) August...

“Maloof Sports & Entertainment and the Palms Casino Resort Extend Partnership With Ticketmaster”

West Hollywood, CA (Ticketmaster Entertainment, Inc.; Maloof Sports & Entertainment) August 18, 2009 – Maloof Sports & Entertainment, the Palms Casino Resort and Ticketmaster, a Ticketmaster Entertainment, Inc., (Nasdaq:TKTM) operating business, today announced an agreement whereby all ARCO Arena and Palms Casino Resort event tickets will be exclusively sold via Ticketmaster. ARCO Arena in Sacramento is home to the National Basketball Association’s Sacramento Kings, the Women’s National Basketball Association’s Sacramento Monarchs and major concerts and events. The Palms Casino Resort is packed with live entertainment at The Lounge, an intimate cabaret venue, and The Pearl Concert Theater, Las Vegas’ premier concert theater.

Ticketmaster will continue to provide the latest ticketing technology and build upon its seamlessly integrated event ticketing distribution solutions, including: on-site scanning technology to validate barcoded event tickets; online and offline event marketing and communication tools; and a multitude of new services to help drive ticket sales and enhance the overall entertainment experience for fans.

“We are excited to extend our partnership with the world’s leading live entertainment ticketing and marketing company,” said John Rinehart, Senior Vice President of Business Operations for Maloof Sports & Entertainment. “Our partnership with Ticketmaster allows us to continue to offer our guests the most convenient way to purchase tickets to premier concerts and events hosted at ARCO Arena and the Palms Casino Resort.”

“We are thrilled to continue our decade-long relationship with Maloof Sports & Entertainment’s ARCO Arena and the Palms Casino Resort’s latest live entertainment venues,” said Don Orris, Ticketmaster’s Regional Vice President for the West.

About Maloof Sports & Entertainment

Maloof Sports & Entertainment includes the Sacramento Kings (NBA), Sacramento Monarchs (WNBA) and ARCO Arena. Led by Joe and Gavin Maloof, and owned by the Maloof family with long-term, local partners, the organization is committed to the community in Sacramento and to making a positive, meaningful difference in the lives of families in need and at risk in the Sacramento region. Maloof Sports & Entertainment has donated more than $13 million to the Sacramento region in 10 years of Maloof family ownership. For more information about Maloof Sports & Entertainment, please visit kings.com, sacramentomonarchs.com and arcoarena.com or call 916-928-0000.

About the Palms Casino Resort:

The Palms Casino Resort, heralded as one of Las Vegas’ hippest resorts, is an all-encompassing, one-stop destination. Owned by the Maloof family, the boutique property boasts three distinct towers and a diverse mix of bars and restaurants across a 95,000-square-foot casino. Amenities include the legendary Playboy Club; Ghostbar; Rain Nightclub; The Pearl Concert Theater; Moon Nightclub; N9NE Steakhouse; Nove Italiano; Little Buddha; Simon Restaurant & Lounge; The Palms Pool & Bungalows; Palms Spa and AMP Salon; Drift Spa & Hammam; LA Sunset Tan; Brenden Theatres, a 14-theatre Cineplex; Huntington Ink Tattoo Lounge; the Fantasy Suites, including the Hardwood Suite, the only hotel room in the world with its own basketball court; and over 60,000 square-feet of meeting space. The Palms has played host to MTV’s Video Music Awards, Real World: Las Vegas and Bravo’s Celebrity Poker Showdown, and E!’s Girls Next Door and Sunset Tan feature the resort on a regular basis. The Palms Casino Resort is located just west of the Las Vegas Strip and I-15 on Flamingo Road. For reservation information, call toll free at (866) PALMS-RES, (866) 725-6773, or visit www.palms.com. For groups of 15 rooms or more, contact the Sales Department at (866) PALMS-MTG or (866) 725-6768.

About Ticketmaster Entertainment, Inc.

Ticketmaster Entertainment consists of Ticketmaster and Front Line Management Group. As the world’s leading live entertainment ticketing and marketing company, Ticketmaster connects the world to live entertainment. Ticketmaster operates in 20 global markets, providing ticket sales, ticket resale services, marketing and distribution through www.ticketmaster.com, one of the largest e-commerce sites on the Internet; approximately 7,100 retail outlets; and 17 worldwide call centers. Established in 1976, Ticketmaster serves more than 10,000 clients worldwide across multiple event categories, providing exclusive ticketing services for leading arenas, stadiums, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. In 2008, the Company sold more than 141 million tickets valued at over $8.9 billion on behalf of its clients. Ticketmaster Entertainment acquired a controlling interest in Front Line Management Group in October 2008. Founded by Irving Azoff and Howard Kaufman in 2004, Front Line Management Group is the world’s leading artist management company. Ticketmaster Entertainment, Inc. is headquartered in West Hollywood, California (Nasdaq:TKTM).

Maloof Sports & Entertainment
Jaime Morse Mills

Palms Casino Resort
Larry Fink

Ticketmaster Entertainment Media
Hannah Kampf

Investor Relations