Fertitta’s Pursuit of Caesars May Spur Wave of Casino Sales, JPMorgan Says

An acquisition of Caesars Entertainment Inc. by Golden Nugget-owner Tilman Fertitta could prompt a number of casino sales, since the two operators own competing properties in several markets.

There’s “potential for forced/opportunistic asset sales” in six of the eight markets in which Golden Nugget owns casinos, according to JP Morgan Securities analyst Daniel Politzer.