He has an interesting risk profile. An NBA team and casinos can print money as long as covid is not around. Restaurants are the opposite end of that spectrum and most are in a fight to the death on a yearly basis.
pic was taken when Jalen was drafted and flown to Houston for his press conference. tilman was broke.
Tilman is out there living his best life there’s never been a better time in American history for a billionaire to enrich himself he doesn’t give a single fck about the Rockets anymore Rockets are basically a side chick to him
I have a real soft spot for Carolina bbq sauce. A mustard base or tomato base with vinegar just hits the spot.
Billionaire Tilman Fertitta has been in exclusive talks to buy Caesars Entertainment for roughly $7 billion after he topped a competing offer from billionaire investor Carl Icahn’s firm, according to people familiar with the matter. Fertitta’s company, Fertitta Entertainment, has been discussing paying around $34 a share for the betting company, the people said. Caesars shares closed Tuesday at $26.01, giving the company a market value of over $5 billion. An announcement between the two sides isn’t imminent, and it is possible the talks won’t result in any deal, some of the people cautioned. Caesars had also received an all-cash offer of around $33 a share from Icahn Enterprises, the publicly traded company that houses the investment of Icahn, a Caesars shareholder, some of the people said. Icahn Enterprises’ offer hasn’t officially been rejected by Caesars, they added. Fertitta’s business is behind the Golden Nugget casino chain, the restaurant giant Landry’s and other hospitality and gaming monikers as well as the NBA’s Houston Rockets. Caesars runs more than 50 resorts, including under its namesake Caesars brand, Harrah’s, Eldorado and Circus Circus. Shares in Caesars and its betting peers have sagged in recent months as investors digest the potential threat to their businesses prediction markets such as Polymarket and Kalshi pose. Vici Properties, the real-estate investment trust that was spun off in Caesars’ bankruptcy proceedings in 2017 and counts Caesars as a major tenant, had been viewed as a potential roadblock to a deal. Some potential buyers who aimed to split off the company’s digital gaming business had assumed that any deal would require Vici’s signoff, some of the people said. But the proposals from Fertitta and Icahn Enterprises both involve structuring the deal in a way that would allow the company to be split up without Vici’s consent, those people said. Caesars Chief Executive Tom Reeg would likely be involved with either bid, some of the people said.
