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Caesars Entertainment
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- 1Lauries, Foley, Colangelo Bid for NBA Expansion Team in Las Vegas▼Lauries, Foley, Colangelo Vie For NBA Expansion Team in Las Vegas, But What About Caesars and New Owner, Tilman Fertitta?
A group including members of the Laurie family, brand executive Mark Foley, and basketball executive Bryan Colangelo is pursuing an NBA expansion franchise in Las Vegas. The bid raises questions about how it fits with Caesars Entertainment and Tilman Fertitta, the Rockets owner who recently acquired a stake connected to the city's sports landscape. Las Vegas remains a leading candidate for NBA expansion as the league weighs adding teams.
- 2Caesars acquisition not expected to affect Danville casino▼Caesars Entertainment acquisition not expected to impact Danville casino
Caesars Entertainment is the subject of an acquisition, and the company says the deal is not expected to have any impact on its casino in Danville, Virginia. The Danville property, Caesars Virginia, is expected to continue operating as planned under the new ownership. Local attention focuses on what the change at the corporate level could mean for jobs, construction, and the regional gaming market.