🏢 Company

Fertitta

📍 Houston, Texas
2 stories · First covered May 31, 2026 · Latest 2h ago
Related: Caesars Entertainment 2 Golden Nugget 2 Las Vegas 1 Atlantic City 1 Property Management System (PMS) 1 Loyalty program integration 1 Caesars Digital 1 iGaming 1 Landry's 1 Hotel technology vendor contracts 1 Take-private transaction 1 Biloxi 1
Caesars Entertainment
Golden Nugget
Caesars Entertainment
Owns Golden Nugget
Owns Landry's
Fertitta Coverage
Caesars at $31 a Share Values 60 Casino Resorts at 7.8x EBITDA. Somebody's Getting a Discount.
Transactions Primary
2h ago

Caesars at $31 a Share Values 60 Casino Resorts at 7.8x EBITDA. Somebody's Getting a Discount.

Fertitta's $17.6 billion bid for Caesars implies a per-property valuation that should make every casino REIT investor pull out a calculator. The go-shop window closes July 11, and the math on a competing bid suggests the current price is the price.

JC
Jordan Chen 2 min read · 2h ago
Caesars Is Going Private at $31 a Share. The Lawsuits Were Always Coming.
Transactions Primary
May 31

Caesars Is Going Private at $31 a Share. The Lawsuits Were Always Coming.

Multiple law firms are investigating whether Caesars' board sold shareholders short in the $17.6B Fertitta takeover deal. If you've ever watched a take-private play unfold in hospitality, you know this part of the script by heart... the interesting question is what happens to the tech stack and vendor contracts on the other side.

RP
Rav Patel 3 min read · May 31