Stay ahead of every line

Daily betting and casino industry insights, straight to your inbox.

Subscribe BetFocus cover image
  • Home
  • Operators
  • Caesars Entertainment to be Acquired by Fertitta Entertainment in
Caesars Entertainment to be Acquired by Fertitta Entertainment in
By Editorial profile image Editorial

Caesars Entertainment to be Acquired by Fertitta Entertainment in

Caesars Entertainment announced on Thursday that it has agreed to be acquired by Fertitta Entertainment in an all-cash transaction valued at about $17.6 billion.

Caesars Entertainment announced on Thursday that it has agreed to be acquired by Fertitta Entertainment in an all-cash transaction valued at about $17.6 billion.

Caesars Entertainment, one of the largest U.S. casino operators, will be taken private through this acquisition. The deal includes assuming approximately $11.9 billion in debt. Shareholders of Caesars will receive $31 per share in cash, which represents a 49% premium based on the terms of the agreement.

By Editorial profile image Editorial
Updated on
Operators Caesars Entertainment Fertitta Entertainment U.S. Acquisition