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Casino
June 12, 2025
Fertitta Slams Wynn Resorts’ Leadership as He Gets Approval from Regulators
Investor Tilman Fertitta has expressed major doubts about how Wynn Resorts is run and how its stock is doing. This comes right after Nevada regulators said he was fit to stay on as the company’s biggest shareholder. Fertitta Expresses Frustration as Wynn Stock Declines Below $87 Fertitta owns about 12.3% of Wynn stock and lately […]
Casino
June 9, 2025
NGCB to Once Again Assess Tilman Fertitta’s Participation in Wynn Resorts
Tilman Fertitta is set to be under more scrutiny at the upcoming Wednesday meeting of the Nevada Gaming Control Board, although all of this will happen in his absence. The exact nature of this scrutiny is not immediately clear or detailed, but Wynn Resorts’ largest shareholder may be prodded about his intentions regarding the company, […]
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. […]
Business
April 10, 2025
Fertitta Doubles Down on Wynn Stake Amid New Trump Tariffs
In a move that now looks timed to perfection, billionaire Tilman Fertitta has quietly doubled down on his investment in Wynn Resorts (NASDAQ: WYNN), strengthening his position as the largest individual shareholder of the company. Ferttita Now Owns 13% of Wynn Resorts According to recent filings with the Securities and Exchange Commission (SEC), Fertitta, who […]
Business
March 26, 2025
Tilman Fertitta Eyes CEO Exit for US Ambassador Role
The billionaire businessman, owner of a range of entertainment venues, hotel and casinos in Nevada, who also owns NBA’s Houston Rockets, Tilman Fertitta, announced his plans to resign from a range of companies, if he is confirmed as the new US ambassador to Italy and San Marino. Letter Describes the Billionaire’s Intentions If Administrative Role […]
Business
February 26, 2025
Fertitta Raises Stake in Wynn to Over 10%, Becomes Business Insider
Wynn Resorts has submitted a Securities and Exchange Commission Form 3, confirming that billionaire Tilman Fertitta has increased his stake in the company to over 10%. As a result, he is now considered a “business insider” for the casino & hospitality giant. The Billionaire Became a Business Insider Tilman Fertitta is no stranger to the […]
Business
December 30, 2024
Congressman Bid on Wynn Before Fertitta’s Stake Was Announced
Texas Rep. Dan Crenshaw had invested in gambling giant Wynn Resorts before Tilman Fertitta’s initial stake became public. As reported by casino.org, Crenshaw made his purchases several days after Fertitta’s stake and several days before the latter was made public. Crenshaw Bought Shares Shortly After Fertitta According to the report, Crenshaw spent between $1,001 and […]
Industry
December 18, 2024
Fertitta’s Possible Ambassadorship to Italy May Change His Wynn Resorts Role
Talk grows about Tilman Fertitta becoming the US ambassador to Italy. This could change how he deals with Wynn Resorts. Wynn Stakeholder Tilman Fertitta May Shift Focus to Italy Ambassadorship Billionaire Tilman Fertitta owns almost 10% of Wynn Resorts’ stock. However, reports have indicated that President-elect Donald Trump might pick Fertitta for the Italy ambassador […]
Industry
December 12, 2024
Trump Rumored to Be Considering Tilman Fertitta as Ambassador to Italy
As Donald Trump’s new term as POTUS approaches, the 78-year-old businessman is already considering his ambassadors. On Tuesday, the President-elect nominated Kimberly Guilfoyle as the United States ambassador to Greece. In the meantime, experts believe that billionaire Tilman Fertitta will be designated as US ambassador to Italy. Fertitta Is a Possible Candidate for Ambassador to […]
Casino
November 29, 2024
Tilman Fertitta Buys New York’s Famous Keens Steakhouse for $30M
Tilman Fertitta, a billionaire from Houston, has expanded his hospitality empire by acquiring the well-known Keens Steakhouse in Midtown Manhattan for $30 million. Fertitta, who owns the Houston Rockets NBA team and heads Landry’s, called the famous restaurant a “New York jewel” and promised to maintain its rich history. Historic Keens, Iconic for Its Mutton […]
