{"id":2435763,"date":"2026-05-28T16:28:59","date_gmt":"2026-05-28T16:28:59","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2435763"},"modified":"2026-05-28T16:28:59","modified_gmt":"2026-05-28T16:28:59","slug":"caesars-entertainment-a-las-vegas-strip-icon-sold-for-nearly-6-billion","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/caesars-entertainment-a-las-vegas-strip-icon-sold-for-nearly-6-billion\/","title":{"rendered":"Caesars Entertainment, a Las Vegas Strip icon, sold for nearly $6 billion"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Caesars Entertainment is being acquired for almost $6 billion by Fertitta, the company that owns Las Vegas&#8217; Golden Nugget and chains like Rainforest Cafe and Morton&#8217;s.<\/p>\n<p>Caesars became an iconic name after the opening of Caesar&#8217;s Palace on the Las Vegas Strip in 1966. However, its roots date back to the 1930s in Reno, Nevada.<\/p>\n<p><b>IN CASE YOU MISSED IT | <\/b><a rel=\"nofollow\" target=\"_blank\" class=\"Link\" href=\"https:\/\/www.scrippsnews.com\/business\/company-news\/oldest-las-vegas-casino-replacing-live-dealers-with-electronic-games\"><b>Oldest Las Vegas casino replacing live dealers with electronic games<\/b><\/a><\/p>\n<p>Fertitta Entertainment will pay $5.7 billion and take on close to $12 billion in debt from Caesars, putting the total value of the deal at about $17.6 billion.<\/p>\n<p>As part of the agreement, Caesars can seek competing bids through July 11.<\/p>\n<p><b>IN CASE YOU MISSED IT | <\/b><a rel=\"nofollow\" target=\"_blank\" class=\"Link\" href=\"https:\/\/www.scrippsnews.com\/sports\/womens-pro-hockey-league-expanding-to-las-vegas-and-hamilton-ontario\"><b>Women\u2019s pro hockey league expanding to Las Vegas<\/b><\/a><\/p>\n<p>Caesars investors will get $31 in cash for each share they own, a 49% premium over the share price before chatter about a possible tie-up between the two entertainment companies began in February.<\/p>\n<p>Shares of Caesars Entertainment Inc., which are up 15% since merger rumors emerged, rose almost 2% before the opening bell on Thursday.<\/p>\n<\/div>\n<p><script>\n    window.fbAsyncInit = function() {\n    FB.init({\n        appId : '774910576305405',\n    xfbml : true,\n    version : 'v2.9'\n    });\n    };\n    (function(d, s, id){\n    var js, fjs = d.getElementsByTagName(s)[0];\n    if (d.getElementById(id)) {return;}\n    js = d.createElement(s); js.id = id;\n    js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js\";\n    js.async = true;\n    fjs.parentNode.insertBefore(js, fjs);\n    }(document, 'script', 'facebook-jssdk'));\n<\/script><\/p>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.wtvr.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Caesars Entertainment is being acquired for almost $6 billion by Fertitta, the company that owns Las Vegas&#8217; Golden Nugget and chains like Rainforest Cafe and Morton&#8217;s. Caesars became an iconic name after the opening of Caesar&#8217;s Palace on the Las Vegas Strip in 1966. However, its roots date back to the 1930s in Reno, Nevada. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2435764,"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":[478072],"class_list":["post-2435763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-caesars-las-vegas-reno-entertainment-gambling-fertitta"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/05\/Caesars-Entertainment-a-Las-Vegas-Strip-icon-sold-for-nearly.com2F6e2Fc92F07b801684d488d049cad9ef899bf2Fap26121794.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2435763","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=2435763"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2435763\/revisions"}],"predecessor-version":[{"id":2435765,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2435763\/revisions\/2435765"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2435764"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2435763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2435763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2435763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}