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Casino Billionaire Tilman Fertitta Says Gaming Industry Recovery Could Take Years

Tilman Fertitta, the Texas billionaire owner of Golden Nugget casinos across the US, the Landry’s hospitality empire, and NBA Houston Rockets, says governors and mayors are being selfish in restricting business operations, and are not being directly impacted by COVID-19.

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Tilman Fertitta

9/16/2020

article 2022 'A Spectacular Year' For Restaurants, Landry's CEO Says
(USA) -- Restaurants that survive the ruthless COVID-19 combing-out and adapt to it stand to witness "a spectacular year" of profitability in 2022. This...

9/2/2020

article Tilman Fertitta Donates $1 Million to Landry’s Employees Hurt by Hurricane Laura’s Lake Charles Devastation
(Louisiana) -- In April as a result of the devastating financial fallout from COVID-19, the Tilman Fertitta family provided $1 million in seed money for the Fertitta...

8/4/2020

article Casino Billionaire Tilman Fertitta Says Gaming Industry Recovery Could Take Years
(Washington) -- Tilman Fertitta, the Texas billionaire owner of Golden Nugget casinos across the US, the Landry’s hospitality empire, and NBA Houston Rockets, says...

7/8/2020

article Houston Rockets owner Tilman Fertitta’s online betting company is now publicly traded on Nasdaq
(Wall Street) -- Landry’s CEO and Houston Rockets owner Tilman Fertitta will allow the public to buy stock in his new online gaming company. But they won’t...

6/30/2020

article Tilman Fertitta takes his golden online gaming casino public
(Texas) -- Tilman Fertitta's online casino is going public. Golden Nugget Online Gaming, Inc. will be acquired by Landcadia Holdings II, Inc., "a publicly-...
article Tilman Fertitta's Stock Market Bet Is Paying Off -- for SPAC Investors
(Wall Street) -- The stock market gained ground Tuesday morning, closing the first half of 2020 on a positive note. Although plenty of uncertainty remains, investors...

6/29/2020

article Golden Nugget To Take Online Casino Division Public In $750 Million Acquisition
(Wall Street) -- Golden Nugget has revealed plans to detach its online gambling arm and list it on the Nasdaq exchange with an estimated valuation of $745 million. The...
article Rockets owner Tilman Fertitta bets on online gaming as Golden Nugget unit goes public
(Texas) -- Houston billionaire Tilman Fertitta is spinning his seven-year-old online gaming business into a public company, a move that will provide resources to a...
article Tilman Fertitta Web Unit Goes Public in $745 Million Deal With Himself
(Texas) -- Tilman Fertitta, the Houston billionaire and basketball-team owner, has created a way for the public to invest in his online-betting business. Fertitta is...

6/5/2020

article Golden Nugget Owner Says Casinos, Eateries Aren’t Bouncing Back
(Texas) -- Texas gaming mogul and restaurateur Tilman Fertitta told investors on a private call this week that the fear of traveling and going out to eat are hampering...

5/15/2020

article Texas billionaire's glitzy hotel and casino rolls the dice with big reopening
(Louisiana) -- Billionaire Tilman Fertitta is betting on travel-hungry Texans looking to brave the pandemic and escape the confines of home with the reopening of his...

5/13/2020

article Fertitta's Lake Charles Golden Nugget to reopen
(Louisiana) -- Golden Nugget Lake Charles will open its casino doors on May 18, the first in the five-property chain to reopen after the coronavirus pandemic shut down...
article Houston Billionaire’s Golden Nugget Casino to be Among First to Reopen Monday — Gambling is Suddenly Back
(Louisiana) -- Houston billionaire Tilman Fertitta has never been afraid to be the first or one of the firsts to do something. It should be no surprise that he’s...

5/4/2020

article Company Won't Reopen Some Las Vegas Casinos As Soon As Others
(Las Vegas) -- A Las Vegas casino says it will reopen some of its properties when allowed to do so but that others will remain closed indefinitely as fallout from the...

5/1/2020

article Tilman Fertitta’s plan to ride out the coronavirus pandemic: Trim, borrow and plan for a new reality
(Texas) -- Tilman Fertitta poured himself his favorite drink, a Tito’s and soda with a splash of cranberry, before stepping into the boardroom next to his office...

4/28/2020

article Rockets owner Tilman Fertitta had input on plan to reopen Texas
(Texas) -- Houston Rockets owner Tilman Fertitta, who also owns the Landry’s restaurant group and Golden Nugget casino chain, is strongly endorsing the newly...

4/20/2020

article Golden Nugget Billionaire Tilman Fertitta, ‘Mattress Mack’ Named to Texas Strike Force
(Texas) -- Tilman Fertitta, the billionaire owner of Golden Nugget casinos, Landry’s hospitality empire, and NBA Houston Rockets, has been named to Texas Governor...

4/13/2020

article 'It’s a trick': Billionaire NBA owner says he did 45,000 laid off staff a 'favour'
(Texas) -- Multi-billionaire owner of the NBA’s Houston Rockets, Tillman Fertitta, has defended furloughing more than 45,000 employees across his restaurant and...

4/11/2020

article Houston Billionaire Tilman Fertitta laid off 45,000 employees quickly as a 'favor'
(Texas) -- Houston billionaire restaurateur Tilman Fertitta told FOX News' guest host Brian Kilmeade that he laid off 45,000 workers as a 'favor" to help...

4/7/2020

article A 16% Leveraged Loan Is Painful But Necessary
(Texas) -- Backed into a corner by the coronavirus pandemic, Texas billionaire Tilman Fertitta is rolling the dice in the leveraged-loan market. Fertitta’s empire...
article Golden Nugget Owner Tilman Fertitta Launches Highest Ever US Leveraged Loan Offering
(Texas) -- Texas billionaire Tilman Fertitta, whose empire includes the NBA’s Houston Rockets and five Golden Nugget casinos across the country, is offering a...

4/6/2020

article Billionaire Fertitta Offers Record 15% Loan Rate to Save Empire
(Texas) -- Texas billionaire Tilman Fertitta is looking to raise more debt to keep his casino and restaurant empire afloat through year-end if the Covid-19 shutdown...

3/31/2020

article ‘Billion Dollar Buyer’ Fertitta In Bull’s-Eye Amid Coronavirus Lockdown Of Restaurants, Casinos And His NBA Team
(Texas) -- On March 18, Houston billionaire Tilman Fertitta tweeted some encouragement in the face of coronavirus shutdowns: “You are not out of business until you...

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