Caesars is reportedly continuing acquisition discussions with Tilman Fertitta, according to a media report dated 21 April 2026. The report describes Fertitta as the leading candidate but does not state that a deal has been agreed or completed; it cites a potential value of $18bn.
The reported talks could affect Caesars’ ownership, but no agreement or completed transaction is confirmed.
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People Incorporated has proposed acquiring the MGM Resorts International shares it does not already own for US$48.30 per share in cash, reportedly valuing the offer at US$18bn. The proposal is not a completed transaction; People Incorporated already holds roughly a quarter of MGM. The plan would be financed with existing cash, new debt and outside equity investment.
MGM Resorts chief executive Bill Hornbuckle said People Inc. withdrew its acquisition offer after it could not assemble a syndicate that met its objectives. MGM reported third-quarter 2026 revenue of $4.2bn, down 1% year on year, and a net loss of $17m; the company said it would refocus on its business.
Meta reportedly held talks with Kalshi chief executive Tarek Mansour last year about a possible acquisition, but the discussions ended without a deal. People familiar with the talks gave conflicting accounts of why they broke down, and Meta and Kalshi declined to comment on the reports. Meta is reportedly developing a prediction-market app, while the reports say its potential use of real-money trading remains unresolved.
Meta chief executive Mark Zuckerberg reportedly met Kalshi chief executive Tarek Mansour last year to discuss a possible acquisition. The talks remained at an early stage and ended without agreement; accounts differ on the reasons. Meta is now developing a prediction app called Arena that is not expected to use real-money wagering.
Jesse Lynn and Ted Papapostolou resigned from the Caesars Entertainment board with immediate effect, according to a company filing. Caesars and Fertitta Entertainment received a second information request from the FTC concerning their proposed merger and have 30 days to respond; completion remains subject to the review period and other agreement conditions.