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Casino mogul Tilman Fertitta has approached Caesars Entertainment about possible merger, sources say

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Casino mogul Tilman Fertitta has approached Caesars Entertainment about a possible merger, sources say.

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Proposed Caesars merger is part of a larger trend in gaming industry, says analystDespite strong fundamentals, valuations in the gaming industry are 'near 5-year lows,' which may be the reason more companies are exploring mergers, Macquarie's Chad Beynon says. The world has grown tired of being ripped off by the same crowd that controls entertainment..... Unfortunately this is not help Atlantic City at all where are casinos exist in a vacuum of anything else
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