Latest digest · May 31, 2026
Fertitta Swallows Caesars, Feds Fight States Over Prediction Markets
The biggest story this week reshapes the entire Vegas landscape: Tilman Fertitta is buying Caesars for $5.7 billion, and every comp program, table limit, and promo budget at 50+ properties is now in play. Meanwhile, prediction markets are getting squeezed from both directions—Minnesota banned them outright, the CFTC sued to block it, and the White House is reviewing a federal framework that could define the rules for everyone. If you're deploying capital in either space, the next 90 days matter a lot.
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