<\/p>\n
Caesars Entertainment announced Thursday that the company has entered into an agreement to be acquired by Fertitta Entertainment.<\/p>\n
In a news release, Caesars said the all-cash transaction is valued at approximately $17.6 billion, including the assumption of approximately $11.9 billion of Caesars\u2019 outstanding debt.<\/p>\n
Under the terms of the agreement, the release said Caesars shareholders will receive $31.00 in cash for each outstanding Caesars share.<\/p>\n
\u201cFertitta Entertainment brings a proven operating model with a track record of successfully integrating and growing leading hospitality and entertainment businesses. The transaction positions Caesars to continue executing on the strategy that has made it the leading casino-entertainment company in the United States,\u201d Caesars said in the release.<\/p>\n
According to the company, Caesars Entertainment Chief Executive Officer, Tom Reeg; Chief Financial Officer, Bret Yunker; President and Chief Operating Officer, Anthony Carano; as well as other members of the corporate management team and property-level management and personnel are expected to remain in their roles.<\/p>\n
This is a developing story. Check back for updates.<\/strong><\/p>\n<\/p><\/div>\n \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n \u2018 Some details of this article were extracted from the following source www.reviewjournal.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Caesars Entertainment announced Thursday that the company has entered into an agreement to be acquired by Fertitta Entertainment. In a news release, Caesars said the all-cash transaction is valued at approximately $17.6 billion, including the assumption of approximately $11.9 billion of Caesars\u2019 outstanding debt. Under the terms of the agreement, the release said Caesars shareholders […]<\/p>\n","protected":false},"author":2,"featured_media":2435471,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[],"class_list":["post-2435470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/05\/Caesars-Entertainment-to-be-bought-by-Fertitta-Entertainment-Casinos.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2435470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2435470"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2435470\/revisions"}],"predecessor-version":[{"id":2435472,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2435470\/revisions\/2435472"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2435471"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2435470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2435470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2435470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}