Caesars Entertainment (NASDAQ: CZR) shareholders voted on Sept. 22, 2026 to approve a merger agreement that would take the company private under Fertitta Gaming Holdco, LLC, according to a filing based on the special meeting held at the Eldorado Resort & Casino in Reno, Nevada.

Under the terms of the merger agreement, dated May 27, 2026, Empire Merger Sub, Inc., a wholly owned subsidiary of Fertitta Gaming Holdco, LLC, will merge with and into Caesars, with Caesars surviving as a wholly owned subsidiary of Fertitta Gaming Holdco, LLC. Each eligible share of Caesars common stock will be converted into the right to receive $31.00 in cash.

If the merger is not completed by June 26, 2027, shareholders will receive an additional $0.007150 per share for each day from that date until the day before closing, subject to applicable withholding taxes.

Of the 203,780,124 shares outstanding as of the Aug. 21, 2026 record date, holders of 143,277,939 shares, or 70.3%, were present at the special meeting. The merger proposal received 133,313,001 votes in favor, 4,276,986 against, and 5,687,952 abstentions, representing approximately 65.4% of all outstanding shares voting in favor.

Shareholders also approved, on a non-binding advisory basis, the merger-related executive compensation proposal, with 127,682,915 votes for, 9,485,566 against, and 6,109,458 abstentions. An adjournment proposal was not presented, as sufficient votes were cast to approve the merger.