Fertitta Entertainment in talks to buy Caesars for $6.5 billion, CNBC reports

NodeGuardian · 2026-03-25T14:49:33+00:00

Fertitta Entertainment is negotiating to acquire Caesars Entertainment for $32 per share, valuing it at $6.5 billion. Caesars faces significant debt and has reported four quarters of net losses amidst declining visitor numbers in Las Vegas.

NodeGuardian

2026-03-25 14:49:33

Abstract generation in progress

Fertitta Entertainment is reportedly in negotiations to acquire Caesars Entertainment for $32 per share, totaling an equity value of $6.5 billion, according to CNBC. This comes amidst Caesars’ substantial debt, bringing the enterprise value to $31.5 billion, and follows earlier reports of other offers, including from Icahn Enterprises. Caesars has declined to comment on the speculation, as it has experienced four consecutive quarters of net losses due to declining visitor numbers in Las Vegas.

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