Shareholders have officially approved the Caesars Fertitta Buyout proposal during a special meeting held at the Eldorado Resort Casino in Reno. The decision marks a major milestone for Fertitta Entertainment as it moves forward with its plan to acquire the casino giant. According to documentation filed with the Securities and Exchange Commission, investors overwhelmingly supported the acquisition, clearing one of the largest corporate hurdles in the transaction process. The official vote tallies showed 133,313,001 votes cast in favor of the merger proposal, while 4,276,986 votes were submitted against it. Another 5,687,952 shares were recorded as abstentions. Overall, the affirmative votes…

A historic piece of Las Vegas casino heritage featuring Cleopatra at Caesars Palace has returned to public view as part of the resort 60th anniversary celebration. The restored golden figurehead, which served for five decades as the bow ornament for the iconic floating lounge venue known as Cleopatra Barge, now serves as the focal point of a newly opened retrospective exhibit inside the Strip property. The return of the statue ends years of speculation regarding the fate of the famous artifact. Following the permanent closure of the floating barge lounge in March 2020 during global hospitality shutdowns, fans of casino…

The Athletics have officially named Circa Resort as their first founding partner ahead of the Major League Baseball team’s planned relocation to Las Vegas in 2028. The multiyear sponsorship agreement secures Circa Resort as the official resort sponsor of the franchise, while Circa Sports will serve as the team’s official sports betting partner. The landmark deal marks a significant commercial step for the organization as it prepares for its transition to southern Nevada. Team executives emphasized that securing Circa Resort as a premiere local partner aligns with their broader goal of integrating into the regional entertainment landscape. Franchise president Marc…

The Circa Survivor pro football contest experienced a massive wave of eliminations during the opening week of the season. A total of 25,017 entries registered for the Las Vegas based event hosted by Circa Sports, creating a prize pool of $25,017,000. However, early upsets proved fatal for thousands of contestants, knocking out 32.2% of the initial field in just a few days. The biggest factor in the high casualty rate was a shocking upset involving Los Angeles and Arizona. Los Angeles entered the matchup tied as an 8.5 point favorite, leading 7,585 participants to select them. That single game accounted…

Shares of Bally’s stock plunged more than 26% following disclosures in the company second quarter financial filings that raised substantial doubt about its ability to maintain debt covenants over the coming year. The market selloff dropped equity prices down to $10.31, extending year to date declines to 38% as investors focused on corporate leverage over positive revenue growth. In documentation submitted to federal securities regulators, Bally Corp management acknowledged that current forecasts indicate the operator may fail to satisfy liquidity maintenance requirements and consolidated net leverage ratio covenants linked to its revolving credit facility. The company ended the quarter with…

Atlantic City could lose more than 8,100 casino jobs and nearly $1.3 billion in annual revenue over the next decade due to rising regional competition, according to a recent economic report released by the Atlantic County Economic Alliance. The study outlines significant challenges for Atlantic City, projecting that potential job losses could account for more than one third of current casino employment in the municipality. Revenue declines might top 44% if multiple competitive threats emerge simultaneously. Under a baseline scenario that excludes proposed expansion in North Jersey, the coastal hub still faces potential reductions of 5,100 jobs and nearly $815…

Caesars Entertainment has scheduled a special shareholder meeting for September 22 to vote on the Caesars takeover proposal submitted by Fertitta Gaming Holdco. The upcoming vote marks a pivotal moment for the casino operator, as approval of the deal would result in taking the major gaming company private. The agreement approved by the board of directors outlines a structure where a subsidiary of Fertitta Gaming Holdco merges with Caesars Entertainment. Under the terms of the transaction, Fertitta offers $31 per share in cash, evaluating the company at a total valuation of $17.6 billion. This sum includes $5.7 billion in equity…

The producers of the Vegas show Absinthe have announced a brief, temporary shutdown later this year, using the pause to voice sharp criticism against Formula One operations on the Strip. The production inside the Spiegeltent at Caesars Palace will pause performances from Nov. 16 through Nov. 29, 2026, to complete long overdue venue repairs and refurbishments. Producer Ross Mollison broke the news through the persona of The Gazillionaire, the outrageously outspoken host character of the production. While addressing the brief closure, the announcement targeted the timing of the annual Las Vegas Grand Prix, calling the event schedule detrimental to ticket…