Who Owns Golden Nugget Casino?

In May of this year, Landry’s Inc. completed the purchase of the Golden Nugget Casino in Las Vegas from Tilman Fertitta for $875 million.

The deal included the Golden Nugget Laughlin and Golden Nugget Atlantic City properties as well. .

This purchase marks a homecoming of sorts for Tilman Fertitta, who originally bought the Golden Nugget in 2004 for $140 million. In the intervening years, Fertitta has turned the Golden Nugget into one of the most successful casinos in Las Vegas, with a $500 million renovation in 2013 that added a new hotel tower and updated the casino floor.

Now that Landry’s Inc. owns the Golden Nugget, they plan to continue the tradition of excellence that Fertitta established. Landry’s is no stranger to the hospitality industry, as they also own and operate over 500 restaurants, including well-known chains such as Bubba Gump Shrimp Co.

and Morton’s The Steakhouse. With their experience and expertise, Landry’s is poised to take the Golden Nugget to new heights.

So who exactly is Landry’s Inc.? Founded in 1980 by Tilman Fertitta’s father, Bill Fertitta Jr., Landry’s started out as a seafood restaurant in Houston, Texas. Since then, it has grown into a multi-billion dollar corporation with interests in restaurants, gaming, entertainment, and hospitality.

Landry’s Inc. is headquartered in Houston and employs over 60,000 people across its various businesses.

In conclusion, Landry’s Inc. owns the Golden Nugget Casino after purchasing it from Tilman Fertitta for $875 million earlier this year.

The company plans to continue running the casino with the same level of success that Fertitta established.