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Casino
March 27, 2023
Tilman Fertitta Buying Hard Rock Lake Tahoe Hotel & Casino
Tilman Fertitta’s company owns five Golden Nugget Hotel and Casino properties. Following the transaction’s completion, there are plans to remodel Hard Rock Lake Tahoe into a Golden Nugget, expanding the company’s presence in the Northern Nevada market. The property was last remodeled in 2015 when Paragon licensed the Hard Rock name from the Seminole Indian […]
Business
November 1, 2022
Tilman Fertitta Becomes One of Largest Wynn Shareholders
The legendary Tilman Fertitta has been looking to get even more active on the Strip, and his latest moves all seem to come up wins for him. His latest involvement in Wynn might spell good news for both sides. Second-largest Shareholder A Securities and Exchanges Commission (SEC) filing from Monday indicated that the billionaire Tilman […]
Casino
October 6, 2022
Tilman Fertitta Files Plan for $270M Hotel & Casino on the Strip
In June, American billionaire, businessman, TV personality, and owner of Golden Nugget and Landry Tilman Fertitta purchased 6.2 acres on the Las Vegas Strip after several failed attempts to obtain the land. Rumors regarding Fertitta’s plans to build a state-of-the-art casino resort on the land immediately started circulating. Now, Fertitta has officially confirmed the rumors […]
Business
January 6, 2022
GNOG Shareholders, Investor File Fresh Lawsuits against Fertitta
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 […]
Business
January 6, 2022
Golden Nugget Owner Wants $5.5 Billion to Help Refinance Existing Debt
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 […]
Business
December 2, 2020
Tilman Fertitta Considers to Raise Billions through IPO
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 […]
Business
June 29, 2020
Golden Nugget Online Gaming Goes Public Through SPAC Acquisition
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 […]