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Golden Nugget Hotels & Casinos submit proposal for Richmond project
Will bring 1,200 jobs to the city Golden Nugget Richmond will be nearly 950,000-square-feet of entertainment. By Adrianna Hargrove | February 24, 2021 at 11:43 AM EST - Updated February 24 at 11:43 AM
RICHMOND, Va. (WWBT) - Golden Nugget Hotels & Casinos announced its submission to expand the Golden Nugget brand into the Virginia market.
The company will be developing a $400 million Golden Nugget Richmond Hotel & Casino and donating over $70 Million to the Richmond Community and creating over 1,200 jobs for the city. It will take 36 months to complete.
The targeted location for the project will be within the City of Richmond and is located six miles from Downtown and 20 miles from Richmond International Airport.
Houston billionaire Tilman Fertitta to take restaurant, gaming empire public
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Tilman Fertitta, owner of Landry s Inc. and the Houston Rockets, said Feb. 1 he would merge his Landry’s and Golden Nugget holdings with a ‘blank check’ company, valuing the business at $6.6 billion. Fertitta will maintain control, the Rockets and other assets are not part of the deal.Jon Shapley, Houston Chronicle / Staff photographerShow MoreShow Less
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The Golden Nugget in Las Vegas. Tilman Fertitta, owner of the Golden Nugget casinos, Landry s Inc. and the Houston Rockets, said Feb. 1 he would merge his Landry’s and Golden Nugget holdings with a ‘blank check’ company, valuing the business at $6.6 billion. Fertitta will maintain control, the Rockets and other assets are not part of the deal.BEATRICE DE GEA / TPNShow MoreShow Less
Houston billionaire Tilman Fertitta to take restaurant, gaming empire public
FacebookTwitterEmail
1of8
Tilman Fertitta, owner of Landry s Inc. and the Houston Rockets, said Feb. 1 he would merge his Landry’s and Golden Nugget holdings with a ‘blank check’ company, valuing the business at $6.6 billion. Fertitta will maintain control, the Rockets and other assets are not part of the deal.Jon Shapley, Houston Chronicle / Staff photographerShow MoreShow Less
2of8
The Golden Nugget in Las Vegas. Tilman Fertitta, owner of the Golden Nugget casinos, Landry s Inc. and the Houston Rockets, said Feb. 1 he would merge his Landry’s and Golden Nugget holdings with a ‘blank check’ company, valuing the business at $6.6 billion. Fertitta will maintain control, the Rockets and other assets are not part of the deal.BEATRICE DE GEA / TPNShow MoreShow Less
SPAC founders had been looking for quick-service, small-dining-room brands
Texas billionaire Tilman Fertitta is reportedly in talks to take his restaurant giant Landry’s Inc. and his Golden Nugget casino holdings public with Fast Acquisition Corp., though the special purpose acquisition had been looking for quick-service brands.
Bloomberg,
in a report last week citing “people with knowledge of the matter,”said Fast Acquisition, which was created last August as a special purpose acquisition company, or SPAC, was considering raising more than $1 billion to back a possible transaction.
Fertitta’s representatives said he would have no comment on the rumors.
Fast Acquisition Corp. was listed on the New York Stock Exchange last August and set a target to raise $200 million. It was created by Doug Jacob, co-founder of &Pizza and co-CEO of the new blank-check SPAC, with Sandy Beall, the founder of the Ruby Tuesday brand.