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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 […]
Sports
April 12, 2024
Tilman Fertitta Unveils Vision for NHL and WNBA Franchises in Houston
The sports landscape in Houston could be in for a significant shake-up as Rockets owner Tilman Fertitta expresses serious interest in bringing both NHL and WNBA franchises to the city. Fertitta Envisions NHL and WNBA Franchises in Basketball-Loving City In an exclusive interview with CNBC’s “Power Lunch,” Fertitta revealed his ambitions, stating that he would […]
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 […]
