Golden Nugget owner Tilman Fertitta considering purchase of Caesars Entertainment

There are few – if any – brands that are more synonymous with gambling than Caesars, and Tilman Fertitta is looking to bring it into his corner. The owner of Golden Nugget Casino and the Houston Rockets is reportedly considering purchasing Caesars Entertainment, one of multiple parties interested in doing so, according to the Financial Times. If you're in a legal online casino state, sign up for Caesars Casino and get a $10 sign-up bonus credit and up to a $1,000 deposit match with the promo code SPORTSLINE2500:

While reports indicate that it is still "far from a foregone conclusion," Fertitta allegedly exploring a Caesars takeover is significant. After all, Caesars Entertainment boasts deep roots in the legal gambling space, particularly when it comes to real money online casino gaming. 

Its flagship Caesars Palace Online Casino has long been one of the higher-tier platforms in the iGaming industry, thanks in no small part to an alluring Caesars casino bonus code. 

Acquiring Caesars would put Fertitta back into the online gambling space after he sold Golden Nugget Online Gaming, which featured a casino app via the Golden Nugget online casino promo code, to DraftKings for over $1.5 billion in 2022.

Of course, there's much more to Caesars than the online gambling space, as the company owns several prominent properties on the Las Vegas Strip as well as in other states throughout the country – as does Fertitta, who still owns land-based Golden Nugget Casino properties as well as major stake in Wynn Resorts.

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While Fertitta's name carries plenty of clout, it doesn't guarantee that Caesars sells to the magnate. In fact, the company is still considering a management-led buyout, according to reports.

Regardless, it would be another update to a Caesars business that has seen plenty of changeover over the years. More recently, Caesars completed a $17.3 billion merger with Eldorado Resorts in 2020.

While the potential buyer remains in question, buyout reports have resulted in increased shares for Caesars. With the business valued at over $5 billion, shares jumped by over 19% to nearly $24.74, on the heels of Caesars reporting almost $12 billion in 2025 revenue. The company, though, still faces over more than $20 billion in debt that includes lease payments.

Grant Lucas