Billionaire Tilman Fertitta to Acquire Caesars Entertainment for $17.6BBillionaire Tilman Fertitta to Acquire Caesars Entertainment for $17.6BBillionaire Tilman Fertitta to Acquire Caesars Entertainment for $17.6B 

USA TODAY Network / ReutersLAS VEGAS – One of the two major Las Vegas Strip casino operators is set to be sold to billionaire hospitality mogul Tilman Fertitta. Caesars Entertainment announced that it entered into a “definitive agreement” to be purchased by Fertitta Entertainment in an all-cash transaction valued at about $17.6 billion on May 28, after reports of the sale circulated through Sin City for months.