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Wynn Resorts Stock Surges As Tilman Fertitta Increases Stake
Thursday, November 14, 2024 - 12:46pm | 294Wynn Resorts Ltd (NASDAQ:WYNN) shares are trading higher Thursday after billionaire Tilman Fertitta disclosed a 9.9% passive stake in the company. What Happened: Fertitta, CEO of Landry’s and owner of the Houston Rockets, filed an amended 13-G with the U.S. Securities and Exchange Commission...
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Jeff Bezos Passing On Commanders Ownership, Could He Be Eyeing A Different NFL Team?
Thursday, April 13, 2023 - 12:32pm | 1067Jeff Bezos, one of the richest people in the world, is passing at the opportunity to bid on a National Football League (NFL) team. Here’s a look at where the sale process of the Washington Commanders currently stands and what Bezos could have his eyes on instead. What Happened: The Washington...
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Jeff Bezos Got Blocked From Buying An NFL Team: Here's Why
Monday, February 27, 2023 - 5:21pm | 791Despite being one of the richest people in the world, Jeff Bezos might not get his wish to own a National Football League team. Here’s the interesting reason why. What Happened: The NFL's Washington Commanders have been placed up for sale by team owner Daniel Snyder and the Amazon.com...
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Meta Bets Go Bust As Digital NFT Land Prices Plummet: Are Investors Wasting Money?
Wednesday, January 4, 2023 - 1:39pm | 801Digital assets, like virtual private islands and mere plots of land such as the JPMorgan Chase & Co. (NYSE: JPM) lounge in Decentraland (CRYPTO: MANA), witnessed multi-fold price appreciation during late 2021 and early 2022. Since then, the value of that virtual land has been on a downward...
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What Real Estate Themes Are Billionaires Investing In? Here's Two
Thursday, December 8, 2022 - 12:31pm | 508It's not surprising that the real estate market has slowed as a result of the Fed's repeated interest rate hikes, but what is surprising is that billionaires are interested in buying estate right now. Why? Well, they are not purchasing residential homes but rather two forms of real...
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PreMarket Prep Charts Wynn Resort's Much-Needed Rally
Monday, October 31, 2022 - 2:03pm | 613One of the worst-performing sectors since 2014 has been the casino industry. The sector — and specifically Wynn Resorts Limited (NASDAQ: WYNN) — has been searching for a catalyst and got not one but two on Monday. The price action following the news makes it the...
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DraftKings To Acquire Golden Nugget Online: What Investors Should Know
Monday, August 9, 2021 - 9:34am | 574A leading iGaming operator is being acquired by the online sports betting company present in the most states. What Happened: DraftKings Inc (NASDAQ: DKNG) is acquiring Golden Nugget Online Gaming (NASDAQ: GNOG) in an all-stock deal. Golden Nugget Online Gaming shareholders will receive 0.365 shares...
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The Past Week's Most Notable Insider Buys: Blackstone, Cricut, Fast Acquisition And More
Sunday, July 25, 2021 - 9:55am | 886Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs. A leading asset manager and a special purpose acquisition companies attracted some notable insider buying last week. Beneficial owners were in the spotlight as earnings season...
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Why FST SPAC Shares Are Up 13%
Thursday, July 1, 2021 - 2:02pm | 308Shares of Fast Acquisition Corp (NYSE: FST) are trading higher on new terms for the SPAC merger and additional restaurants added to the new company. What Happened: The enterprise value of the SPAC merger between Tilman Fertitta and Fast Acquisition Corp was raised from $6.6 billion to $8.6 billion...
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Landry's Tilman Fertitta Discusses Restaurant Momentum: 'People Are Tired Of Being Locked Up'
Wednesday, March 31, 2021 - 11:20am | 433Tilman Fertitta's portfolio of restaurants and casinos is seeing tremendous momentum in recent weeks, even in California and New York, the Landry's CEO said Tuesday on CNBC's "Power Lunch." What Happened: Landry's properties just went through one of the best Spring Break...
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Leading Fastener, Hardware Company Hillman Group Lands $2.6B SPAC Deal: What Investors Should Know
Monday, January 25, 2021 - 4:01pm | 537Hardware distributor Hillman Group is going public after 56 years as a private company. The SPAC Deal: Hillman Group is going public with Landcadia Holdings III (NASDAQ: LCY), a SPAC from Tilman Fertitta who recently took Golden Nugget Online (NASDAQ: GNOG) public with his second Landcadia...
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How New York, Texas And Ontario Could Increase Online Sports Betting Market By $3B
Thursday, January 21, 2021 - 6:35pm | 378Bank of America held a discussion with some experts in the sports betting industry to discuss some potential upcoming catalysts. Sports Betting in Texas: Team owners like Jerry Jones (Dallas Cowboys), Mark Cuban (Dallas Mavericks) and Tilman Fertitta (Houston Rockets) are all backing sports betting...
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Hillman Group In Talks With Tilman Fertitta SPAC: Bloomberg
Saturday, January 16, 2021 - 9:34am | 356Tilman Fertitta may be targeting a fastener and home improvement company with the third Landcadia Holdings SPAC. What Happened: Fertitta’s Landcadia Holdings III Inc (NASDAQ: LCY) is in talks to take Hillman Group public, according to Bloomberg. Hillman makes fasteners and home improvement...
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Tilman Fertitta Blasts 'Selfish Politicians,' Talks Unemployment In Restaurant Biz
Wednesday, August 5, 2020 - 11:20am | 425Hospitality and restaurant entrepreneur and Landry's CEO Tilman Fertitta has a simple message to politicians: you get your full paycheck no matter what, and we don't even get 25%. 'Selfish Politicians': A disconnect exists between hospitality companies and local and state...
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Online Casino Golden Nugget To Go Public Through Landcadia Acquisition
Monday, June 29, 2020 - 9:54am | 437LANDCADIA HOLDI/SH CL A (NASDAQ: LCA) announced Monday that it is acquiring Golden Nugget Online Gaming, Inc. in a move to take Golden Nuggett’s online gaming business public. What Happened: Lancadia II is acquiring Golden Nugget’s online business with the intention of...