HOUSTON—Houston restaurant and hotel magnate Tilman Fertitta has pocketed another Golden Nugget.
Fertitta announced Thursday he has acquired a casino resort and hotel currently under construction in Lake Charles, Louisiana. He will turn it into his fifth Golden Nugget Casino.
Fertitta swooped in after the FTC blocked Ameristar from owning the property because it already owns L’Auberge Casino Resort in Lake Charles.
Fertitta’s gaming and restaurant empire now has its biggest property closest to his Houston/Galveston roots.
"I could not pass up the opportunity to build and operate a casino next door to my hometown. This casino will be where Louisiana locals and Texans will want to play, stay and enjoy themselves," said Fertitta, who said he plans to "draw from our large South Texas and Louisiana customer base to drive business to our new resort."
The $600 million property will include nearly 800 luxury hotel rooms and suites, an 18-hole championship golf course, a world-class spa, retail shopping and a number of Landry’s restaurants including Vic & Anthony’s Steakhouse and Grotto Italian Ristorante.
Fertitta also promises a state of the art world-class casino with more than 60 table games and 1600 of the newest slot machines in the world.
The Lake Charles Golden Nugget Hotel and Casino is slated to open in the summer of 2014.
Fertitta’s other Golden Nugget properties are in Las Vegas, Laughlin, Nevada, Atlantic City and Biloxi, Mississippi.
Fertitta’s Landry’s Inc. currently owns and operates more than 500 restaurants across the country including Landry’s Seafood House, The Rainforest Café, The Chart House and Morton’s Steakhouse.
The Kemah Boardwalk, the San Luis Resort Complex, the Galveston Historic Pleasure Pier, and the Downtown Aquarium in Houston are also key pieces of Fertitta’s hospitality and entertainment business.