Tilman Fertitta, the billionaire businessman whose hospitality and entertainment empire includes several casino hotels in Nevada, is giving up the reins of his company to take a role in the Trump administration.
Fertitta plans to resign from his role as chief executive officer of Fertitta Entertainment LLC if his nomination for U.S. ambassador to Italy and San Marino is confirmed. In a March 16 letter to the U.S. Office of Government Ethics and posted by the Houston Chronicle, Fertitta said he was stepping down to “avoid any actual or apparent conflict of interest.”
Fertitta Entertainment is a holding company for Landry’s Inc., the Houston-based conglomerate which operates, among other entities, the NBA’s Houston Rockets and three Golden Nugget casino hotels in Nevada, located in downtown Las Vegas, Lake Tahoe and Laughlin.
