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Owner Of Golden Nugget In Talks With Caesars About Possible Merger

Tilman Fertitta, the owner of the Golden Nugget Casinos, has approached Caesars Entertainment about a possible merger.

Caesars has a market capitalization of $6.3 billion, and Fertitta’s net worth is pegged by Forbes magazine at $4.5 billion.

Fertitta’s holdings also include the Houston Rockets basketball team and entertainment company Landry’s. It is unclear whether Caesars will entertain the offer.