<\/p>\nWho are the Fertittas? What to know about the name behind the acquisition of Caesars Entertainment<\/p>\n
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Billionaire Tilman Fertitta is the sole owner of Texas-based Fertitta Entertainment, which operates the Golden Nugget Casino brand in downtown Las Vegas, the Landry’s restaurant chain, and the Houston Rockets of the NBA.<\/p>\n
His cousins are the Las Vegas Fertittas \u2014 Frank and Lorenzo Fertitta \u2014 who built their own fortune in Southern Nevada through Station Casinos.<\/p>\n
In 2005, I sat down exclusively with the brothers before the Red Rock Resort Casino opening. They told me their father, the late Frank Fertitta Sr., saw the need for local casinos.<\/p>\n
“Lorenzo and I really grew up in the family business, whether it was around the dinner table every night talking about the family business,” Frank Fertitta III said.<\/p>\n
“It was just part of our lives, just part of our family, so there was really no question about what we were going to do,” Lorenzo Fertitta said.<\/p>\n
The Las Vegas Fertittas are also globally famous for growing the UFC into a multi-billion dollar sports empire before selling it in 2016.<\/p>\n
Even though both Fertitta families share a prominent lineage and compete in the same Nevada gaming markets, Tilman’s business empire operates entirely independently from Frank and Lorenzo’s Station Casinos.<\/p>\n
In a rare 2016 interview, Tilman Fertitta talked about doing what he loves and where that came from.<\/p>\n
“I have to say I enjoy them all. I love running a big business,” Tilman Fertitta said.<\/p>\n
“My father always worked for himself. My grandparents always worked for themselves,” he said.<\/p>\n
As the entire Fertitta family continues to invest in the gaming industry in Nevada, Station Casinos will soon celebrate its 50th anniversary of dominating local casinos.<\/p>\n
This story was reported on-air by a journalist and has been converted to this platform with the assistance of AI. Our editorial team verifies all reporting on all platforms for fairness and accuracy.<\/i><\/p>\n<\/div>\n