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flag Tilman Fertitta eyes $7B deal for Caesars Entertainment amid competing bid, highlighting Texas' sports betting ban.

flag Houston Rockets owner Tilman Fertitta is reportedly considering a $7 billion bid to acquire Caesars Entertainment at $34 per share, facing a competing offer from Carl Icahn’s Icahn Enterprises at $33 per share. flag No deal has been finalized, and no official announcements have been made. flag The potential acquisition has spotlighted Texas, where sports betting remains illegal despite growing public support. flag Legal sports gambling exists in 39 states, Washington D.C., and Puerto Rico. flag Experts warn of rising gambling addiction rates and associated risks, emphasizing the need for awareness and support resources.

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