Tilman Fertitta’s $17.6B Caesars Deal Creates Massive Gaming Empire
Hospitality mogul Tilman Fertitta is buying Caesars Entertainment for $5.7 billion in cash and assuming $12 billion of debt, valuing the deal at $17.6 billion. The merger would combine Caesars’ casino and online‑gaming footprint with Fertitta’s Golden Nugget, Rainforest Café, Houston Rockets and DraftKings stakes, creating a gaming empire of roughly 60 resorts and 200+ sports‑betting sites.