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Tilman Fertitta

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Venice braces for protest as US ambassador's mega-yacht visits
world24 days ago

Venice braces for protest as US ambassador's mega-yacht visits

Venice activists plan to disrupt a visit by US ambassador Tilman Fertitta aboard his 117‑meter, about $450 million mega‑yacht during the Festa del Redentore, fearing the docking would turn the historic city into a backdrop for wealth. They cite past disruptions of high-profile weddings and raise safety and traffic concerns, adopting the slogan Venezia non si USA. Fertitta’s trip is billed as part of a Coastal Diplomacy 250 tour; officials have been contacted for comment as protesters mobilize.

via The Guardian|
#mega-yacht#protest#tilman-fertitta
Venice Bristles as Fertitta's Coastal Yacht Diplomacy Draws Protests
politics25 days ago

Venice Bristles as Fertitta's Coastal Yacht Diplomacy Draws Protests

Billionaire Tilman Fertitta, Trump’s envoy to Italy, is touring the Italian coast aboard his $450 million Boardwalk superyacht under a banner of “coastal diplomacy,” but Venetians and activist groups are planning protests in Venice over the wealth display during the Festa del Redentore, with comparisons to Bezos’ wedding protests; the trip includes stops along the coast and a Venice visit that could disrupt waterways, while officials say the aim is to strengthen Italy–U.S. ties amid ongoing political tensions with Rome.

via The Daily Beast|
#coastal-diplomacy#jeff-bezos#lauren-sanchez
Tilman Fertitta to Take Caesars Private in $17.6B Las Vegas Shakeup
business1 month ago

Tilman Fertitta to Take Caesars Private in $17.6B Las Vegas Shakeup

Billionaire Tilman Fertitta plans to acquire Caesars Entertainment for roughly $17.6 billion, paying $31 per share in cash and assuming about $11.9 billion of Caesars’ debt. Caesars’ board has approved the deal and recommends shareholders vote in favor, but it still requires regulatory and shareholder approvals, with a go-shop period through July 11, 2026. The takeover could bring debt restructuring and cost-cutting, leverage Fertitta’s hospitality network (Golden Nugget, Landry’s) and Caesars Rewards for broader cross-marketing, and potentially reshape the Las Vegas Strip through strategic divestitures and leadership changes over time; the deal could take up to a year to close.

via Casino.org|
#business#caesars-entertainment#casinos
Tilman Fertitta to Create a Gaming Empire with $5.7B Caesars Buyout
business1 month ago

Tilman Fertitta to Create a Gaming Empire with $5.7B Caesars Buyout

Billionaire Tilman Fertitta is acquiring Caesars Entertainment for about $5.7 billion and assuming roughly $12 billion in Caesars debt, valuing the deal near $17.6 billion. The merger would forge a large gaming empire with 60 casino resorts, online gaming, and sports betting at more than 200 locations via William Hill, plus Fertitta Entertainment venues. Caesars shareholders will receive $31 per share, a 49% premium, and competing bids are allowed through July 11, subject to shareholder approval. The deal reflects optimism for Las Vegas’s post-pandemic recovery and maintains positive ties with labor unions.

via KOB.com|
#business#caesars-entertainment#gaming-industry