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 Entertainme
Congressman Bid on Wynn Before Fertitta’s Stake Was AnnouncedTexas 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 th
Billionaire Tilman Fertitta, owner of the NBA’s Houston Rockets, is expected to be Trump’s pick for U.S. ambassador to Italy, people familiar with the decision told CBS News. Trump transition officials declined to comment.Fertitta is a friend of Trump’s and longtime GOP donor who leads Landry’s Inc.
Fertitta’s Wynn Investment Viewed by Analysts as Confidence Not a TakeoverBillionaire Tilman Fertitta from Houston, who has made smart investments in hotels and entertainment now owns almost 10% of Wynn Resorts. He bought a lot more shares making him the biggest individual owner of the casino compan
Wall Street analyst John DeCree tried to quell the initial speculation that Tilman Feritta’s becoming Wynn Resorts largest shareholder is anything more than an investment for now.Shares of Wynn popped 9% Thursday after news that Fertitta increased his stake in the company to 9.9%, up from 6.1%. Wynn
Tilman Fertitta Bolsters His Influence Within Wynn ResortsBillionaire entrepreneur Tilman Fertitta, known for his ventures in hospitality and gaming, has increased his ownership stake in Wynn Resorts to 9.9%, according to a filing with the US Securities and Exchange Commission (SEC). The filing curr
Shares in Wynn Resorts soared by more than 8.6% on Thursday after billionaire Tilman Fertitta increased his stake in the casino operator to 9.9%, making him the largest shareholder in the company. Fertitta, who now holds 10.9 million shares of Wynn Resorts, surpassed Elaine Wynn as the company’s top
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