Fertitta executives share details on Caesars deal during licensure hearing

Two longtime Fertitta Entertainment executives took steps toward becoming licensed institution directors on Wednesday after the Nevada Gaming Control Board unanimously recommended their suitability as the company pursues its acquisition of Caesars Entertainment Inc. Steven Scheinthal and Richard Liem are members of Fertitta Entertainment’s three‑man committee that formed after owner Tilman Fertitta stepped down as president and manager while pursuing his April 2025 confirmation as U.S. ambassador to Italy and San Marino. The board’s third director, Paige Fertitta—Tilman’s wife and the company’s president—received Nevada gaming support last year. Scheinthal’s and Liem’s applications are currently before the Nevada Gaming Commission for final review this month. Houston‑based Fertitta Entertainment announced in May that it had reached a deal to acquire Caesars Entertainment for $17.6 billion, a transaction that would take the Reno‑based casino operator private and create one of the nation’s largest gaming companies if approved by regulators and shareholders. Caesars operates eight casinos on the Las Vegas Strip, three