$17.3 billion deal<\/a> after a long-running effort by the Carano family led the gaming operator to acquire the gaming giant, according to the Reno Gazette Journal, a part of the USA TODAY Network. That deal saw Caesars Entertainment Inc. take on $8.8 billion in debt amidst the COVID-19 pandemic.<\/p>\nCaesars executives, including President and Chief Operating Officer\u00a0Anthony Carano and CEO Tom Reeg, as well as property-level management and personnel, are expected to remain in their roles under Fertitta’s ownership, according to the sale announcement.<\/p>\n
The Carano family will convert its outstanding 5% of Caesar’s shares into equity in Fertitta Entertainment, which will take the company private at the close of the sale.<\/p>\n<\/p>\nCampaigns, unions react<\/h2>\n
Alexis Hill, a Washoe County commissioner who is running against Ford in the Democratic gubernatorial primary, said that “having one friend of Donald Trump control even more of this industry” is bad for the state in a statement provided first to USA TODAY.<\/p>\n
“Billionaires like Tilman Fertitta and their giant corporations must start paying their fair share in taxes so everyday Nevadans aren\u2019t picking up the tab,” she added. “Casino and hospitality workers across the state already work in unsafe conditions, have their hours cut, don’t make a living wage and can’t find childcare.”<\/p>\n\nThe powerful Culinary Union said in a statement that it “has had strong relationships” with both parties and that there will be “discussions ahead about the full ramifications of this purchase.”<\/p>\n
“Culinary Union remains committed to ensuring that workers\u2019 rights are respected, their jobs are protected, and the union contract is fully enforced,” the union said.<\/p>\n\nUSA TODAY reached out to other major unions in Las Vegas, as well as Ford and Lombardo campaigns, for comment.<\/p>\n
Contributing: Jason Hildago, Reno Gazette Journal; Reuters<\/em><\/p>\n<\/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.usatoday.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"See video of Flavor Flav introducing himself at county meeting Flavor Flav was a good sport when he was asked to introduce himself at a Clark County meeting as he sought approval for a parade in Las Vegas. LAS VEGAS \u2013 One of the two major Las Vegas Strip casino operators is set to be […]<\/p>\n","protected":false},"author":2,"featured_media":2436401,"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":[350845,39915,358145,347294,44569,310657,346162,23038,25425,305457,22389,6297,346158,346160,21741,35206,22251,357472,357475,350844,350850,22270,343605,24124,21739,344928,239456,239462,22773,325433,310532,48142,239457,211924,21738,343606,239343,239453,357471,357474,346159,21848,23152,23139,24734,24638,239344,325292,25958,346161,271208,198606],"class_list":["post-2436400","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-accommodations","tag-affiliate","tag-caesars","tag-caesars-entertainment","tag-casino","tag-central","tag-central-region","tag-company","tag-company-news","tag-donald","tag-donald-trump","tag-eamotion","tag-east","tag-east-region","tag-entertainment","tag-gambling","tag-games","tag-hospitality","tag-hospitality-industry","tag-hotels","tag-hotels-u0026-accommodations","tag-industry","tag-las","tag-las-vegas","tag-local","tag-local-affiliate-travel","tag-modular","tag-modular-story","tag-national","tag-national-sports","tag-nba","tag-network","tag-network-trending","tag-neutral","tag-news","tag-nv","tag-overall","tag-overall-neutral","tag-poker","tag-poker-u0026-casino-games","tag-region","tag-sports","tag-story","tag-travel","tag-trending","tag-trump","tag-u0026","tag-vegas","tag-west","tag-west-region","tag-womens-sports","tag-womens"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/05\/Tilman-Fertitta-to-buy-Vegas-icon-Caesars-Entertainment-for-176B.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2436400","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=2436400"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2436400\/revisions"}],"predecessor-version":[{"id":2436402,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2436400\/revisions\/2436402"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2436401"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2436400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2436400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2436400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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