06/01/2026
Tilman Fertitta is finally getting his Caesars. The Houston billionaire’s Fertitta Entertainment struck a deal to buy Caesars Entertainment in an all-cash transaction valued at roughly $17.6 billion, including about $12 billion in assumed debt.
For the hospitality and real estate mogul behind Landry’s, Golden Nugget and the Houston Rockets, the bet has been years in the making — and it lands as Texas’ gambling fight keeps getting louder.
Go inside the deal at the link in comments.