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The Nexus
BUSINESSMay 28 · 14:32 UTCMARKETWATCHTomi Kilgore

Houston Rockets owner is placing an $18 billion bet on Las Vegas by buying Caesars

Tilman Fertitta's holding company, which owns the Houston Rockets and Golden Nugget casinos, is acquiring Caesars Entertainment in an $18 billion deal. The transaction involves a significant investment in Las Vegas-based Caesars.

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