The combined company’s largest shareholder will be Fertitta, with about 60 percent interest and stock valued in excess of $2 billion upon closing. The company’s assets include controlling stake in Golden Nugget Online Gaming well-known restaurant brands like Joe’s Crab Shack and Rainforest Cafe and five Golden Nugget-branded casinos, including one in Las Vegas. No other changes to management are expected, according to the release.

FAST’s capital along with the equity investment from institutional shareholders will strengthen our balance sheet and allow us to pursue our acquisition strategy.”įertitta, the sole owner of the holding company Fertitta Entertainment, plans to keep his position as chairman, president and CEO. Vehicle to allow us to take control of an already existing public company. “FAST provided us with the perfect merger “I look forward to returning my Company to the public marketplace,” Fertitta said in a Monday news release. Fertitta took his company private in 2010 after 17 years of trading publicly.įertitta said the company was able to accomplish “a lot” while private, but he believes going public is the best way to maximize opportunities “in today’s opportunitistic world.” The combined company will include the majority of the assets and businesses that make up Golden Nugget and Landry’s, as well as 31 million shares in Golden Nugget Online Gaming Inc., an online gaming platform. Houston-based Fertitta Entertainment Inc., parent company of Golden Nugget and Landry’s, is set to hit the New York Stock Exchange in the second quarter through a merger with blank-check company FAST Acquisition Corp. will go public once again through a deal valued at $6.6 billion. Cannon/Las Vegas Review-Journal) Fertitta’s Golden Nugget and Landry’s Inc. Golden Nugget in at the Fremont Street Experience in downtown Las Vegas Monday, Feb.

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