Caesars Entertainment stock trades at USD 29.59 as FTC review extends
Published on 09/29/2026 at 09:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Caesars Entertainment (US12738T1034) stock closed at USD 29.59 on Nasdaq on September 28, 2026, leaving the company valued at USD 6.0 billion. The key issue is the Fertitta transaction: Reuters reported on September 17 that the FTC had requested additional information.
FTC review adds 30 days
The Federal Trade Commission issued its Second Request to Caesars and Fertitta Entertainment on September 14, 2026. According to StockTitan, the request extends the Hart-Scott-Rodino waiting period until 30 days after both parties substantially comply, unless the period is extended or terminated sooner.
The regulatory step gives the merger timeline a concrete condition rather than a fixed closing date. Completion remains subject to the waiting period and other closing conditions, while two Caesars directors, Jesse Lynn and Ted Papapostolou, resigned effective immediately, according to the same September 17 filing covered by Reuters.
USD 31.00 cash offer sets the anchor
Caesars shareholders approved the Fertitta merger at the September 22, 2026 special meeting. The filing summary states that 133,313,001 votes supported the deal, equal to 65.4 percent of shares outstanding on the August 21 record date, and that eligible shares would receive USD 31.00 in cash if the transaction closes.
That cash consideration stands above the September 28 Nasdaq closing price of USD 29.59, while the stock's 52-week range was USD 17.86 to USD 30.88. The market is therefore pricing the shares below the proposed cash value while keeping them near the yearly high, a structure that makes regulatory timing central to the valuation.
Revenue grows while losses remain
Caesars reported GAAP revenue of USD 2.993 billion for Q2 2026, up from USD 2.907 billion in Q2 2025. StockTitan said the company recorded a GAAP net loss of USD 62 million, compared with a USD 82 million loss in the prior-year quarter, while adjusted EBITDA declined to USD 920 million from USD 955 million.
For investors, the transaction spread and the operating trend point in different directions. The Q2 revenue comparison improved, but adjusted EBITDA fell USD 35 million year over year, leaving merger approval as the more immediate stock-specific driver.
Caesars stock stays below USD 31.00
Caesars Entertainment stock closed at USD 29.59 on Nasdaq on September 28, 2026, with a daily change of 0.00 percent, volume of 3,200,027 shares and a market capitalization of USD 6.0 billion.
Caesars Entertainment stock data
- Company: Caesars Entertainment, Inc.
- ISIN: US12738T1034
- Ticker: CZR
- Trading venue: Nasdaq
- Closing price (September 28, 2026): USD 29.59
- Market capitalization: USD 6.0 billion (as of September 28, 2026)
- 52-week range: USD 17.86-30.88 (as of September 28, 2026)
- Sector / Industry: Consumer Cyclical / Resorts and Casinos
