Caesars stockholders approve $6 billion merger with Fertitta
Caesars Entertainment shareholders approved a $17.6 billion buyout by Fertitta Entertainment, steering the Nevada-based casino company toward private ownership. The shareholder approval arrives alongside third-quarter financial results showing a $123 million loss, driven by weakness on the Las Vegas Strip that offset gains in regional and digital operations. Total revenue for the third quarter rose to $2.94 billion from $2.87 billion a year earlier. Company executives bypassed the traditional earnings conference call, pointing directly to the pending go-private transaction.
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- ✓ Caesars Entertainment shareholders approved Fertitta Entertainment's $17.6 billion buyout of the casino company.
- ✓ Caesars reported a third-quarter 2026 revenue of $2.94 billion, up from $2.87 billion a year earlier.
- ✓ Caesars reported a $123 million third-quarter loss due to Las Vegas weakness offsetting regional and digital gains.
- ✓ Caesars did not host an earnings call to address third-quarter systemwide results, citing the $17.6 billion go-private deal.
What changed
Shareholders officially approved the $17.6 billion transaction, correcting the previously reported figure of $6 billion.
Live updates
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Caesars Shareholders Approve $17.6 Billion Fertitta Buyout
Caesars Entertainment shareholders approved a $17.6 billion buyout by Fertitta Entertainment, steering the Nevada-based casino company toward private ownership. The shareholder approval arrives alongside third-quarter financial results showing a $123 million loss, driven by weakness on the Las Vegas Strip that offset gains in regional and digital operations. Total revenue for the third quarter rose to $2.94 billion from $2.87 billion a year earlier. Company executives bypassed the traditional earnings conference call, pointing directly to the pending go-private transaction.
Why it matters
The massive acquisition ranks among the largest merger and acquisition deals in the United States during September and October 2026. Transitioning to private ownership removes the company from public markets, shifting its financial reporting structures and governance. Operational pressures in the Las Vegas market complicate the transition as the multi-billion-dollar deal moves closer to final closure.
What is confirmed
- Caesars Entertainment shareholders approved Fertitta Entertainment's $17.6 billion buyout of the casino company.
- Caesars reported a third-quarter 2026 revenue of $2.94 billion, up from $2.87 billion a year earlier.
- Caesars reported a $123 million third-quarter loss due to Las Vegas weakness offsetting regional and digital gains.
- Caesars did not host an earnings call to address third-quarter systemwide results, citing the $17.6 billion go-private deal.
What to watch next
- Regulatory approvals required to finalize the Fertitta Entertainment acquisition
- Official timeline for the delisting of Caesars common stock
confidence 100%Sources used for this update (9)
- marketinference.com — Caesars Entertainment to be Acquired by Fertitta ...
- www.europesays.com — Caesars shareholders approve $17.6B Fertitta buyout
- stockanalysis.com — Caesars Entertainment (CZR) Stock Price & Overview
- www.marketbeat.com — Caesars Entertainment (CZR) Financials 2026 - Income ...
- www.yogonet.com — Caesars reports $123 million Q3 loss as Las Vegas weakness ...
- igamingexpress.com — Caesars Q3 2026: More Revenue, Lower EBITDA, No Call
- www.casino.com — Caesars Q3 2026 Earnings: Las Vegas Slips, Revenue Rises
- www.hoteldive.com — Caesars posts Q3 Las Vegas declines as Fertitta takeover ...
- www.ulfnewyork.com — U.S. M&A Roundup: Sept–Oct 2026 Mega-Deals | ULF
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Caesars stockholders approve $6 billion merger with Fertitta
Caesars Entertainment shareholders voted to approve a $6 billion merger with Fertitta Entertainment, moving the company toward private ownership and delisting of Caesars common stock from NASDAQ.
Why it matters
The merger follows a period where Caesars stock traded below the agreed payout rate. The company will release third-quarter financial results on October 27, 2026, but will not host an earnings call due to the pending transaction.
What is confirmed
- Caesars Entertainment shareholders approved a $6 billion merger with Fertitta Entertainment.
- The merger will result in the delisting of Caesars common stock from NASDAQ.
- Caesars will release third-quarter financial results on October 27, 2026, without an earnings call.
What to watch next
- Caesars' third-quarter financial results release on October 27, 2026
- Completion of the merger and transition to private ownership
- Fertitta Entertainment's plans for Caesars Entertainment
confidence 100%Sources used for this update (5)
- www.marketbeat.com — Caesars Entertainment (CZR) Institutional Ownership
- www.fortunesultimateslots.com — Caesars Slots – Free Slots & Online Social Casino
- sportsbook.caesars.com — Odds & Markets | Caesars Sportsbook
- caesarspalaceonline.com — Caesars Palace Online Casino New Jersey
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Caesars stockholders approve $6 billion Fertitta merger
Caesars Entertainment shareholders voted to approve a $6 billion merger with Fertitta Entertainment, the owner of Golden Nugget. This vote moves the company toward private ownership and will result in the delisting of Caesars common stock from the NASDAQ. The company will release third-quarter financial results on October 27, 2026, but will not host an earnings call because of the pending transaction. The deal follows a period where Caesars stock traded below the agreed payout rate.
Why it matters
The merger transitions a major gaming operator from a public entity to a private one under Fertitta's control. This shift affects how the company reports financial data and its availability to public investors.
What is confirmed
- Caesars Entertainment shareholders voted to advance a $6 billion merger with Fertitta Entertainment.
- Caesars common stock will be delisted from the NASDAQ upon final completion of the deal.
- The company will release third-quarter financial results on October 27, 2026.
- No earnings call will be held for the third-quarter results due to the pending merger.
What to watch next
- The release of third-quarter financial results on October 27, 2026
- Final confirmation of the NASDAQ delisting date
confidence 100%Sources used for this update (4)
- dailybidco.com — The Daily BidCo
- www.europesays.com — Danville’s Caesars Virginia back in the spotlight after ...
- www.marketscreener.com — Caesars Entertainment, Inc.: Official Announcements - Stock ...
- www.marketbeat.com — WYNN News Today | Why did Wynn Resorts stock go down today?
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Caesars Shareholders Approve $17.6B Fertitta Merger
Caesars Entertainment shareholders overwhelmingly voted to advance a merger with Golden Nugget owner Fertitta Entertainment, bringing the transaction closer to completion. The move follows prior trading activity where Caesars stock traded below the previously agreed payout rate. The company plans to release third-quarter financial results on October 27, 2026, though no earnings call will be held due to the pending deal. Upon final completion, Caesars common stock will be delisted from the NASDAQ as the company transitions to private ownership.
Why it matters
The acquisition by Fertitta represents a major consolidation in the gaming and entertainment industry, shifting a major market player into private hands. Shareholders have cleared a significant hurdle by approving the transaction, though the final outcome depends on external reviews. Market participants continue to monitor the transaction spread as the companies await necessary clearances.
What is confirmed
- Caesars Entertainment shareholders overwhelmingly voted to move the Golden Nugget owner closer to a final merger.
Still unconfirmed
- Fertitta Entertainment will acquire Caesars for $17.6 billion based on the shareholder vote.
What to watch next
- Regulatory approval decisions from the Federal Trade Commission and various state gaming boards
- Third-quarter financial results release on October 27, 2026
confidence 100%Sources used for this update (4)
- www.wral.com — Business News and Reporting Coverage, page 10 | WRAL
- azdailysun.com — The Arizona State Fair opens its monthlong run without a petting zoo, but lots of animals
- www.casinoreports.com — Caesars Shareholders Approve Fertitta’s $17.6B Acquisition
- news.worldcasinodirectory.com — Mergers, Acquisitions & Partnerships - World Casino News
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Caesars stock dips below merger price as company cancels earnings call
Caesars Entertainment stock traded at USD 29.74 on October 5, 2026, falling below the agreed USD 31.00-a-share payout for its merger with Fertitta Entertainment. The company will release third-quarter financial results after the market closes on October 27, 2026, but will not host an earnings call due to the pending transaction. Once the merger is complete, Caesars common stock will be delisted from NASDAQ as the company becomes private. The deal remains subject to regulatory approval from the Federal Trade Commission and various state gaming boards.
Why it matters
The take-private transaction was first announced on May 28, 2026. It encompasses New Jersey online gambling operations and three Atlantic City casinos. Shareholders previously approved the agreement on September 22, 2026.
What is confirmed
- Caesars Entertainment stock traded at USD 29.74 on October 5, 2026.
- The company will release third-quarter financial results after the market closes on October 27, 2026.
- Caesars will not host an earnings call for the third quarter.
- The merger with Fertitta Entertainment was announced on May 28, 2026.
- Second-quarter revenue for Caesars Entertainment reached USD 2.99 billion.
- Caesars common stock will be delisted from NASDAQ upon completion of the merger.
What to watch next
- Federal Trade Commission regulatory clearance decision
- State gaming board approvals
- October 27 financial results release
confidence 100%Sources used for this update (5)
- www.ad-hoc-news.de — Caesars Entertainment stock trades below USD 31 merger payout
- azdailysun.com — California Gov. Gavin Newsom veto of wildfire insurance bills leads supporters to ask: Was it payback?
- www.marketscreener.com — Caesars Entertainment, Inc.: Official Announcements - Stock ...
- www.marketscreener.com — Latest news about Caesars Entertainment, Inc. - MarketScreener
- finance.yahoo.com — Caesars Entertainment, Inc. to Release 2026 Third Quarter ...
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Caesars Shareholders Clear Fertitta Merger
Caesars Entertainment shareholders officially approved a $17.6 billion merger with Fertitta Entertainment late Tuesday, marking the initial step in the take-private transaction. The cash deal involves a $31.00-a-share payout and covers three Atlantic City casinos alongside the New Jersey online gambling business. Investors previously backed the agreement on September 22, 2026. Despite the successful shareholder vote, the multi-billion-dollar transaction still requires regulatory clearance, including a stringent review by the Federal Trade Commission and multiple state gaming board approvals.
Why it matters
The transaction pulls significant Strip EBITDA and marketing expenditures out of public view just as Gulf capital evaluates its exposure to Las Vegas. Moving the enterprise private changes financial transparency for major gaming assets. The timeline now depends on navigating complex federal and state regulatory hurdles.
What is confirmed
- Caesars Entertainment shareholders approved the company's merger with Fertitta Entertainment late Tuesday.
- The transaction represents a $17.6 billion take-private deal.
- The cash agreement is valued at $31.00 a share.
Still unconfirmed
- The acquisition faces a tougher-than-expected Federal Trade Commission review.
What to watch next
- Federal Trade Commission review outcomes
- State gaming board approval decisions
confidence 95%Sources used for this update (2)
- baynews9.com — Tampa City Council narrowly approves funding for Rays stadium
- www.europesays.com — Caesars shareholders OK Fertitta merger; what’s next for ...
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Caesars Shareholders Approve $17.6 Billion Fertitta Takeover
Caesars Entertainment investors approved a $17.6 billion take-private transaction with Fertitta Gaming on September 22, 2026. The $31.00-a-share cash deal secured strong support from shareholders during the vote. The agreement removes significant Strip EBITDA and marketing spend from public view as Gulf capital evaluates Vegas exposure. The transaction covers three Atlantic City casinos and Caesars’ New Jersey online gambling business. However, the acquisition still faces a tougher-than-expected Federal Trade Commission review and a wall of state gaming approvals.
Why it matters
The transaction will transition Caesars into a privately held company and create one of the largest gaming empires. Antitrust review could still force asset divestitures before the deal officially closes. Meanwhile, Gulf capital evaluates Vegas exposure as public financial visibility drops.
What is confirmed
- Caesars Entertainment shareholders approved a merger with Fertitta Gaming during a meeting on September 22, 2026.
- The transaction is valued at roughly $17.6 billion, featuring a $31.00-a-share cash deal.
- The deal covers three Atlantic City casinos and Caesars’ New Jersey online gambling business.
- The take-private transaction removes $2.8 billion in Strip EBITDA and $847 million in marketing spend from public view.
Still unconfirmed
- Antitrust review could force divestitures before the transaction closes.
What to watch next
- Federal Trade Commission review decisions
- State gaming regulatory approvals
- Potential asset divestitures required by antitrust regulators
confidence 95%Sources used for this update (6)
- baynews9.com — County commissioners approve funding share for Rays' stadium in Tampa
- hoodline.com — Caesars Shareholders Approve Fertitta Merger Deal
- www.pops4.com — Caesars Entertainment Stockholders Approve $6 Billion ...
- njgamingreview.com — Caesars Shareholders Approve $17.6bn Fertitta Takeover
- www.acquiry.com — Caesars–Fertitta $17.6bn Take-Private | Acquiry M&A
- flipboard.com — U.S. appeals court says states can regulate prediction markets, Reuters says
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Caesars Shareholders Approve Fertitta Merger
Caesars Entertainment shareholders voted to approve a multibillion-dollar merger agreement with Fertitta Gaming during a meeting on Tuesday, September 22, 2026, with 65.4 percent of the vote. More than 133 million shares were cast in favor of the deal. Once completed, the transaction will create one of the largest gaming empires and transition Caesars into a privately held company. However, the proposed acquisition still needs to clear the federal antitrust review process and other regulatory hurdles before it can officially close.
Why it matters
Billionaire Tilman Fertitta owns Las Vegas hotels like the Golden Nuggets and holds major positions in Wynn Resorts and DraftKings. The acquisition plan unites extensive resort, gaming, entertainment, and restaurant portfolios across the Las Vegas Strip. Caesars currently operates prominent destinations such as Caesars Palace, the Flamingo, and Harrah's.
What is confirmed
- Caesars Entertainment shareholders approved the merger agreement with Fertitta Gaming during a Tuesday meeting.
- The transaction will hand Fertitta Gaming control of properties including Caesars Palace, the Flamingo, and Harrah's.
- Billionaire Tilman Fertitta owns the Golden Nuggets and serves as the largest shareholder in Wynn Resorts and DraftKings.
- The proposed merger must still complete the federal antitrust review process before finalization.
- The deal will make Caesars a privately-held company once finalized.
- Caesars Q2 revenue rose 3.00 percent to USD 2,993 million.
Still unconfirmed
- Financial reports differ on the exact valuation of the merger, with figures cited at both $6 billion and $17.6 billion.
What to watch next
- Completion of the federal antitrust review process by regulatory authorities
- Further updates regarding the final closing of the private buyout
confidence 90%Sources used for this update (12)
- www.ad-hoc-news.de — Caesars Entertainment stock trails USD 31.00 merger payout after vote
- www.thestar.com — Caesars stockholders approve $6 billion merger with Fertitta - The Star,Breaking News
- www.fox5vegas.com — Caesars stockholders approve merger with Fertitta Gaming - FOX5 Vegas
- finance.yahoo.com — Caesars stockholders approve $6 billion merger with Fertitta
- abcnews.com — Caesars stockholders approve $6 billion merger with Fertitta
- www.whec.com — Caesars stockholders approve $6 billion merger with Fertitta - WHEC.com
- www.thestar.com — Maine Dems hammer Collins over report of pay-to-play probe. The GOP senator calls it 'totally false' - Th....
- finance.yahoo.com — Caesars shareholders approve $17.6 billion Fertitta merger
- www.audacy.com — Zelenskyy, at UN, urges leaders to keep choking Russia's revenues and impede its war efforts - Audacy,Rad....
- lasvegassun.com — Vegas pick'em: NFL Week 3 winners against the spread - Las Vegas Sun News
- finance.yahoo.com — Caesars shareholders approve acquisition by Fertitta ...
- flipboard.com — Caesars stockholders approve $6 billion merger with Fertitta
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Caesars stockholders approve multibillion dollar merger with Tilman Fertitta
Caesars Entertainment shareholders approved a buyout by Tilman Fertitta during a special meeting. While one source reports the merger value at $6 billion, multiple other reports state the deal is worth $17.6 billion. The transaction involves Fertitta Gaming, a company controlled by Fertitta. The approval moves the deal toward completion, though the Federal Trade Commission has requested additional information regarding the merger. Tilman Fertitta also maintains a position as the largest shareholder in DraftKings, adding a layer of industry interconnectivity to the acquisition.
Why it matters
The deal consolidates significant gaming assets under Tilman Fertitta's control. This merger creates a larger entity in the competitive casino and hospitality market. The intersection of Fertitta's ownership of Fertitta Gaming and his stake in DraftKings creates a broad footprint across physical and digital gaming.
What is confirmed
- Caesars stockholders approved a merger with Tilman Fertitta.
- Multiple sources value the Fertitta buyout at $17.6 billion.
- Tilman Fertitta controls Fertitta Gaming.
- Tilman Fertitta is the largest shareholder in DraftKings.
Still unconfirmed
- The merger is valued at $6 billion.
- The FTC has requested additional information regarding the Fertitta and Caesars merger.
What to watch next
- Impact of the merger on Caesars employees.
confidence 80%Sources used for this update (8)
- ABC News - Breaking News, Latest News and Videos — Caesars stockholders approve $6 billion merger with Fertitta
- KSNV — Caesars shareholders approve $17.6B Fertitta buyout
- FOX5 Vegas — Caesars stockholders approve $17.6 billion Fertitta buyout
- Las Vegas Review-Journal — Caesars shareholders vote Tuesday on Tilman Fertitta’s $17.6B deal. What to know
- WSJ — FTC Requests Additional Information Regarding Fertitta, Caesars Merger
- 8newsnow.com — Caesars shareholders approve of Fertitta buyout worth $17.6B
- KSNV — After shareholders approve Fertitta buyout, what is next for Caesars employees?
- finance.yahoo.com — DraftKings (DKNG) In Focus After Shareholders Back Multibillion Dollar Gaming Merger
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