Houston billionaire Tilman Fertitta is thinking of buing a Las Vegas Strip casino. This after the recent Eldorado Resorts’ acquisition of Caesars.
Eldorado is expected to sell some of Caesars’ nine Vegas Strip properties to avoid federal antitrust issues. On the Las Vegas Strip, Caesars owns Bally’s, Caesars Palace, Cromwell, Flamingo, Harrah’s, The Linq, Paris, and Planet Hollywood. They also own the Rio, which is nearby but not on the Strip.
Fertitta owns a Golden Nugget on Fremont Street in downtown Las Vegas that earns about $100 million a year. However, he does not have a casino on the Strip where most of the city’s tourists and conventioneers stay.
Read more about the possibility of Fertitta getting a Vegas Strip casino at the Houston Chronicle.
