New legal clouds gathered above the acquisition of Golden Nugget Online Gaming (GNOG) by DraftKings after two new lawsuits were filed against Tilman Fertitta and his participation in the deal. Fresh Lawsuits The new suits claim some of the financial and commercial terms of the $1.56 billion transaction benefitted unfairly Fertitta and several board members […]
Tilman Fertitta, the owner of the Golden Nugget brand, has launched a $5.6-billion refinance exercise of his casino and restaurant business. It comes just one month after the company dropped plans to merge with a blank-check entity. Big Money for Big Stakes Fertitta’s Golden Nugget Inc. approached the leveraged loan market and junk bond markets […]
Casino mogul Tilman Fertita is mulling over the option to take a substantial part of his casino and restaurant businesses public, Bloomberg reports based on unnamed sources with knowledge in the matter. IPO Could Raise Billions The recent rally in equity markets brought to the fore the option of going public for the Texas billionaire […]
Golden Nugget Online Gaming, the online division of the famous casinos owned by Tilman Fertitta, is about to go public, to become only the second online casino operator to be traded on a US exchange. SPAC Acquisition Paves the Way to Nasdaq Landcadia Holdings II, Inc, a special purpose acquisition company (SPAC) owned by Tilman […]
