Gambling in the USA
Carl Icahn to team up with Tilman Fertitta to acquire Caesars

Billionaire investor Carl Icahn could team up with another billionaire and owner of the Houston Rockets and Golden Nugget Casino, Tilman Fertitta to make an acquiring bid for Caesars Entertainment. Icahn is presently the company’s controlling shareholder.
Caesars had rejected the merger offer from Fertitta. The Icahn-Fertitta combination could turn out to be an irresistible one for Caesars.
Icahn now owns 28.5% shares in the company. That means the new partnership needs to buy only 71.5% of shares to acquire the firm. Caesars’ shares currently trade at $8.37 a share, giving the company a valuation of $5.6 billion.
Fertitta, who runs five Golden Nugget casinos including Las Vegas and Biloxi, Miss., is worth $4.8 billion, according to Forbes.
-
eSports7 days ago
S8UL enters League of Legends with the acquisition of a power-packed roster
-
Latest News4 days ago
PG Soft releases fantasy-inspired Jack the Giant Hunter slot
-
Africa4 days ago
Jelly Entertainment Enters into Partnership with betPawa
-
Asia4 days ago
Nazara Publishing Launches Pokerverse VR
-
Latest News4 days ago
Kambi and JOI gaming (JVH gaming & entertainment group) announce multi-year online sportsbook partnership extension
-
Latest News4 days ago
MGA Publishes its 2024 Annual Report and Financial Statements
-
Interviews4 days ago
HIPTHER Community Voices: Interview with Dr. Maria Loumpourdi, founder and Managing Director of Made From Within
-
Latest News7 days ago
Slitherine Publishing Director Marco Alessandro Minoli Honoured at the 2025 Italian Video Game Awards by IIDEA for His Contribution to the Italian Games Industry