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[ruh-oh] Restaurateur Tilman Fertitta Desperately Seeks Cash Infusion For His Hospitality Empire

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by iJHolmes, Apr 9, 2020.

  1. tycoonchip

    tycoonchip Member
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    Welp i guess he better learn how to suck the D! Quick and easy cash. Work that Glory Hole Tillman!
     
  2. TilmanFinancialWindfall

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    It's not that quick and easy. This girl got pay only $1,000 for a movie shoot where she met 100 people.

    Work that math out, that's not quick and easy cash. I rather work at a Laundry stores for $10 a hour.
     
  3. YOLO

    YOLO Member

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  4. YOLO

    YOLO Member

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  5. TilmanFinancialWindfall

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    Say what
     
  6. YOLO

    YOLO Member

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  7. TilmanFinancialWindfall

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    This man speaks the Truth! Open up the Economy!! Anyone that wants to be tested, can be tested without waiting in line! Tilman and Trump are both correct! We have too much testing as it is !


    "
    BenDuBose
    Tilman Fertitta: "I think this whole thing about ‘You can’t get tested’ is a bunch of malarkey now, okay? I have employees every day go get a test in Houston with no line whatsoever." "If the NBA wants to test all their players, they have that right.""
     
  8. I am a Donut

    I am a Donut Contributing Member

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    “Malarkey?” Are we sure this guy is from Texas?
     
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  9. tinman

    tinman Contributing Member
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  10. xiki

    xiki Contributing Member

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    So, there’s help. And then there is help. Lord help us all ( particularly with help D as in defense).
     
  11. J.R.

    J.R. Member

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    As billionaire Tilman Fertitta promotes the reopening of the Golden Nugget in Lake Charles, he predicts a dismal economic outlook.

    "You better tighten your bootstraps because it's not going to be a fun ride over the next couple of years," Fertitta told ABC-13 in a wide-ranging interview Wednesday afternoon at his Houston headquarters.

    The restaurant and entertainment mogul, who owns Landrys, Inc. and the Houston Rockets, employs 60,000 people across 60 brands. The shutdowns forced 40,000 furloughs. Today, he is on local and statewide task forces on the phased reopening and takes on the critics who say he's being driven by his bank account.

    "You know, I am looking at my bank account. I'm also looking at 60,000 employees' bank accounts and I sure don't want to see anarchy in the streets because we've hurt the food supply chain and no one is working anywhere. From what I can see, we're doing it right. Okay and as long as we keep doing it right, I'm going to agree but I'll be the first one to step and say 'hey, too many people are getting sick, I think it's time to shut down,'" he said.

    Fertitta talked about his fears for his employees, his praise for the government's stimulus and how the pandemic has forced new decisions.

    "It's such a fine line and I go back and forth myself. At times, I think, 'should everything have stayed shut down another month? Then, what does a month do? What does two months do? What does 3 months do?'" Fertitta said.

    His hotel employees are wearing masks and gloves and temperatures are being checked to gain entry to Fertitta's office at Houston's Post Oak Hotel.

    On Friday, the restaurants and hotel at the Golden Nugget Lake Charles are reopening, followed by the casino floor on Monday. Louisiana will be the first big gaming market to reopen the United States.

    Fertitta is excited those employees can get back to work. He said to expect Plexiglas, masks and social distancing.

    "Two or three seats at each table and you won't be able to play a slot machine next to somebody unless, of course, it's part of your group or family member."

    From gaming to sports.

    "The distraction of sports: that's that part of our psyche, and sports is religion. And, you know, we feel like we have a really good team this year and we're excited to play."

    Like all sports fans, Fertitta has missed them, too. The Rockets owner said he would love to see the NBA season resume, if it's what the players want, and even if they play in empty arenas.

    "Is it going to be weird not having fans? Yes, but everything we do every day is a little different."

    As more of his stores reopen to smaller capacities, Fertitta said 4-5% of his business may not survive. The new normal includes a new business model, he said. He encourages business owners to act now.

    "Cut all the costs you can. And you've got to get your landlords to negotiate with you, because it will put you out of business just your occupancy."
     
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  12. TheRealist137

    TheRealist137 Member

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    Rockets are going to trade everyone besides Harden and Westbrook.
     
  13. YOLO

    YOLO Member

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  14. RayRay10

    RayRay10 Houstonian

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    Ouch...
    https://investorplace.com/2020/09/lca-stock-will-be-just-like-tilman-fertittas-first-spac/

    Landcadia Holdings II Will End Up Just Like Tilman Fertitta’s First SPAC
    Just pass on LCA stock because better gaming opportunities exist

     
  15. NotInMyHouse

    NotInMyHouse Contributing Member

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    The Rockets are run by the NBA version of Donald Trump. We’re screwed. Deeply, deeply screwed. On the other hand Ferntits may be forced to sell the team in 18-24 months. So maybe we’re just pretty screwed.
     
  16. CometsWin

    CometsWin Breaker Breaker One Nine

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    Three months would have prevented a second surge and tens of thousands of deaths. Now you know, jerk.
     
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  17. Nook

    Nook Member

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    Richie_Rich and RayRay10 like this.

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