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Fertitta Entertainment acquires Caesars Virginia

PRIVATESep 28, 2026

Acquiring Company

Tilman J. Fertitta

Acquired Company

Caesars

PortlandSports

Description

Fertitta Entertainment has completed its acquisition of Caesars Virginia in a $17.6 billion cash transaction. The deal involves Fertitta assuming Caesars' outstanding debt as well. Local agreements will remain unchanged despite the ownership transfer. Caesars Virginia will continue its contributions to the city of Danville as per the existing agreements.

Company Information

Company

Tilman J. Fertitta

About

Tilman Fertitta is the sole owner, chairman, and CEO of Fertitta Entertainment, Inc., which owns both the restaurant giant, Landry's Inc. and the Golden Nugget.

Fundz sees it the moment Tilman J. Fertitta makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Caesars?

Caesars was acquired by Tilman J. Fertitta. The deal was reported on September 28, 2026. Tilman Fertitta is the sole owner, chairman, and CEO of Fertitta Entertainment, Inc., which owns both the restaurant giant, Landry's Inc. and the Golden Nugget. Tilman J. Fertitta is privately held.

When did Tilman J. Fertitta acquire Caesars?

Tilman J. Fertitta's acquisition of Caesars was reported on September 28, 2026. Fertitta Entertainment has completed its acquisition of Caesars Virginia in a $17.6 billion cash transaction. The deal involves Fertitta assuming Caesars' outstanding debt as well. Local agreements will remain unchanged despite the ownership transfer. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Caesars do?

Caesars is a prominent name in the gaming industry, known for its prestigious and respected brand. It is publicly traded (CZR), operating in Sports, and is based in Portland.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.