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Casino
May 8, 2025
Fertitta Maintains Passive Role in Wynn Despite Largest Shareholding
Tilman Fertitta, the billionaire businessman and US Ambassador to Italy, has made it clear that his position as a Wynn Resorts shareholder remains hands-off, at least for the time being. He shared this during a recent Nevada Gaming Control Board (NGCB) meeting where the main attention was on licensing matters for his ex-wife, Paige Fertitta. […]
Casino
August 27, 2021
Golden Nugget Doubles Revenue in First Half of 2021
Golden Nugget’s revenue for the first half of 2021 is up 49.6% to $1.577bn, compared to $1.054bn during the first half of 2020. Golden Nugget Continues Momentum From 1Q2021 Land-based casino operator Golden Nugget has experienced an almost double annual increase in its revenue in H1 2021, according to the company’s financial results. Total revenue for the first half […]
Business
February 1, 2021
Tilman Fertitta’s Golden Nugget/Landry’s Goes Public via SPAC
Fertitta Entertainment, the parent company of Golden Nugget/Landry’s casino and restaurant businesses, is going back to the public via a merger with a special purpose acquisition company (SPAC), Fast Acquisition. SPAC Route More Effective The $6.6 billion merger deal with the SPAC will allow the sole owner of Fertitta Entertainment, Tilman Fertitta, to retain 60% […]