The new company resulting from Fertitta Entertainment's acquisition of Caesars Entertainment would own four of Atlantic City’s nine casinos, a move set to reshape the local market and that has fueled concerns of concentration.
Fertitta Entertainment, the parent company of Golden Nugget Atlantic City, announced Thursday it would be acquiring the Las Vegas casino giant in an all-cash deal. This acquisition would consolidate the ownership of four out of the nine casinos in Atlantic City, potentially reshaping the competitive landscape of the local market. The move has raised concerns among industry experts about the level of market concentration and its implications for competition and consumer choice.
