Fertitta Entertainment announced an agreement to buy Hard Rock Lake Tahoe to open another Golden Nugget Hotel and Casino.
Houston billionaire Tilman Fertitta also owns the Houston Rockets, as well as a massive dining, entertainment and hospitality business.Houston billionaire Tilman Fertitta, owner of the Houston Rockets, the Landry's restaurant chain and Golden Nugget casinos, is adding another Nevada hotel and gaming complex to his vast empire.
The acquisition is the latest in Fertitta Entertainment's moves to expand its Golden Nugget brand, which has locations in Las Vegas and Laughlin, Nev.; Lake Charles, La.; Atlantic City; and Biloxi, Miss. The company also is remodeling the Wildwood Casino and Hotel west of Colorado Springs, Colo. into a Golden Nugget location. An upcoming location in Danville, Ill. is set to open this summer, the company said.
“This acquisition represents a significant opportunity for us to expand our footprint into the Northern Nevada marketplace," Fertitta said in a statement.
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