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Biloxi

1 story · First covered Jun 27, 2026 · Latest 2h ago
Biloxi Coverage
Caesars at $31 a Share Values 60 Casino Resorts at 7.8x EBITDA. Somebody's Getting a Discount.

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.