Las Vegas casino group Caesars weighs takeover interest, FT reports (updated)

Caesars Entertainment

26/02/2026 21:05

Adds Caesars comment in paragraph 4

Feb 26 (Reuters) - Caesars Entertainment CZR.O is weighing takeover offers from several potential bidders, including a bid from Texas gaming and hospitality billionaire Tilman Fertitta, the Financial Times reported on Thursday.

Caesars has received an offer from Fertitta Entertainment, the group behind the Golden Nugget casino chain, the report said, citing people familiar with the matter.

The company is also considering a possible management-led buyout, the FT report added.

Caesars declined to comment on the report.

Shares of the company closed up about 19% on Thursday after the news.

 (Reporting by Parth Chandna; Editing by Maju Samuel)

 ((Parth.Chandna@thomsonreuters.com;))