Regionals, digital buoy Caesars again in Q3 as Las Vegas slump continues

Third-quarter results released on Tuesday by Caesars Entertainment showed declines in Las Vegas and modest gains for its regional and Caesars Digital segments, as the company continues to work toward closing its acquisition by Fertitta Entertainment. Caesars and Fertitta announced the $17.6 billion acquisition in May after months of back-and-forth bidding between Fertitta and fellow investor Carl Icahn, and the deal is expected to close by the midpoint of next year. The Federal Trade Commission requested additional materials related to the merger on 17 September, which extended the timeline for antitrust approval by at least 30 additional days.

Source: iGaming Business