![]() ![]() “This acquisition represents a significant opportunity for us to expand our footprint into the Northern Nevada marketplace.”įertitta, 65, oversees a corporate empire that includes dozens of restaurant brands, the NBA’s Houston Rockets, the upscale Post Oak Hotel in Houston and an oceanfront luxury resort in Laguna Beach, California. ![]() “We are thrilled to be welcoming the Lake Tahoe property to the Golden Nugget family,” Fertitta, owner and CEO of Fertitta Entertainment, said in a news release Friday. The sale, by Las Vegas-based Paragon Gaming, is expected to close in the next seven to 12 months. The Houston billionaire announced he is acquiring the Hard Rock hotel-casino at Lake Tahoe for an undisclosed price and will transform it into a Golden Nugget-branded property. Tilman Fertitta is expanding the Golden Nugget brand to Northern Nevada. The Hard Rock hotel-casino at Lake Tahoe in Northern Nevada.
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