Reeg to Helm Fertitta’s Leisure Conglomerate After Caesars Deal Closes

In news that’s considered somewhat surprising, Caesars Entertainment (NASDAQ: CZR) CEO Tom Reeg is expected to lead the expansive Landry’s suite of business, including Golden Nugget casinos, after Tilman Fertitta’s Fertitta Entertainment Inc. (FEI) closes its $17.6 billion acquisition of Caesars . Our own Vital Vegas broke the news late Monday, noting that it is unusual for the chief executive officers (CEOs) of acquired casino companies to hang around following large-scale mergers and acquisitions. Previously, it was disclosed that Reeg would stay on board to oversee the casino business, which will be a marriage of Caesars and Golden Nugget.