31:
295:
entity. On April 26, 2016, Red Rock
Resorts, Inc. raised $ 531.4 million in an IPO that priced 27.25 million shares under the ticker symbol "RRR". Deutsche Bank Securities, J.P Morgan, BofA Merrill Lynch and Goldman Sachs & Co were among the underwriters for the offering. The Fertitta family continues to own a stake in Red Rock Resorts Inc. In January 2017, Fertitta was named Vice Chairman.
408:, a full-time MBA program designed to support U.S. military veterans' transition to business school. As part of the program, 20 full-time MBA military students receive scholarship support and participate in a six-week, six-credit summer term that facilitates their transition to the academic and professional communities.
306:
In 2001, Lorenzo, along with his brother Frank III, established Zuffa, LLC to acquire the assets of
Ultimate Fighting Championship (UFC), a mixed martial arts promotion and live event provider, from Semaphore Entertainment Group for $ 2 million. Lorenzo Fertitta assumed positions as chairman and CEO
314:
As
Chairman and CEO of UFC, Fertitta worked with the athletic commissions of New Jersey, Nevada, California and Mohegan Sun to establish a unified rule set for MMA competitions. The sport operates in all 50 U.S. states and is broadcast to more than 150 countries. Approximately 135 UFC-branded gyms
265:
Since 1991, Fertitta occupied various executive positions within
Fertitta Enterprises, a family investment office and entertainment company. He served as vice president from 1991 to 1993, before becoming president and CEO from June 1993 to July 2000. In these roles, Fertitta managed an investment
294:
On
October 13, 2015, Red Rock Resorts, Inc. filed an S-1 registration statement with the SEC to take Station Casinos public again through an initial public offering (IPO), creating a holding company for the organization, known as Red Rock Resorts, Inc., which owns a portion of the Station Casinos
385:
Fertitta's philanthropic efforts include supporting his high school alma mater, Bishop Gorman, as well as the
University of Nevada, Las Vegas (UNLV). In September 2016, the Fertitta family made a $ 10 million donation to UNLV to fund a 73,000-square-foot football facility that will be named The
376:
On May 1, 2017, Fertitta
Capital, a private investment firm, was launched with an initial seed investment of $ 500 million from Lorenzo and Frank Fertitta III. The firm has a permanent capital base and invests throughout a business's lifecycle and across the capital structure in consumer-facing
274:
Throughout their time in high school and college, Lorenzo and Frank III worked for their father, Frank
Fertitta Jr., at Station Casinos. After Fertitta Jr. retired in 1993, Lorenzo and Frank III led Station Casinos to its first IPO that same year, raising $ 294 million and becoming principal
336:
to regulate MMA in the state, an initiative projected to yield more than $ 32 million in economic activity for New York's economy each year. Governor Cuomo signed legislation authorizing competitive mixed martial arts in New York State on April 14, 2016, with UFC hosting its first show at
411:
In addition, Fertitta supports local Las Vegas charities including the Nathan
Adelson Hospice, Catholic Charities of Southern Nevada, the Lou Ruvo Center for Brain Health and Three Square, a charity focused on providing wholesome food to those in need.
221:, a developer and casino operator in the U.S, alongside his sons until retiring in 1993. Until his death in 2009, Fertitta Jr. remained active in other family business ventures, community service and philanthropic efforts, with Las Vegas Mayor
209:
In 1976, after observing that no casinos effectively catered to the city's residents, Fertitta Jr. built The Casino, a 5,000-square-foot establishment on Sahara Blvd. The Casino would be renamed Bingo Palace before it eventually became
424:. Lorenzo and his wife are major donors to the Republican Party and Republican candidates, having given more than $ 9,700,000 from 2009 to 2020, making him, along with his brother, one of the largest contributors in Nevada.
377:
companies in the technology, media and entertainment sectors. Nakisa
Bidarian, former CFO of UFC, will lead Fertitta Capital as CEO and co-founder and be responsible for the deployment of the Firm's capital.
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290:
bankruptcy on July 28, 2009 and, with a subsequent reinvestment of $ 240 million, emerged from this process in June 2011 with a new ownership structure that allowed the Fertittas to retain full control.
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announced a seven-year, $ 813 million television rights deal that spanned Fox's flagship channel, its cable channel FX, and other stations including Fuel TV and Fox Deportes.
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Fertitta as owner of the Palms Casino nightclub KAOS lost an $ 8 million lawsuit in 2022 brought by DJ Kaskade for nonpayment of his two-year performance contract.
298:
Fertitta as owner of the Palms Casino nightclub KAOS lost an $ 8 million lawsuit in 2022 brought by DJ Kaskade for nonpayment of his two-year performance contract.
1004:
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286:. The filing came in response to a lawsuit that challenged the gaming company's debt swap and prepackaged bankruptcy proposal. Station Casinos filed for
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154:(born January 3, 1969) is an American billionaire businessman and philanthropist. He is chairman of Fertitta Capital, director of
1822:
432:
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368:(KKR) were also a part of the deal. Upon completion of the transaction, Lorenzo Fertitta stepped down from his role as CEO.
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401:, which provide support for the families of military personnel lost or severely wounded in service to the United States.
232:, a private Catholic prep school in Las Vegas, Nevada, in 1987. He earned a Bachelor of Business Administration from the
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341:, UFC 205, later that year. The event set a record for live gate receipts at the venue, drawing $ 17.7 million.
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Inc. in the process. Station Casinos was then taken private in 2007 in a management-led leveraged buyout.
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referring to Fertitta Jr. as "one of the most successful business persons in the history of Las Vegas."
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348:, LLC and the brothers announced the sale of their shares in UFC for an estimated $ 4 billion to
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1631:"HODOR Yacht • Astilleros Armon • 2019 • Owner Lorenzo Fertitta • Support Vessel for MY Lonian"
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Fertitta is a supporter of veterans and active duty students, having made contributions to the
338:
311:
as President of the organization. Zuffa, LLC operated the UFC until its sale in August 2016.
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Fertitta owns the 87 meter yacht Lonian and the associated 66 meter support vessel Hodor.
8:
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On November 11, 2016, Lorenzo and Frank III established the Fertitta Veterans Program at
249:
195:
1547:"Biggest Nevada Political Donors for Casino Industry Include Adelson, Fertitta Brothers"
325:
cable channel, an agreement that ran until the end of 2011. On August 18, 2011, UFC and
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1070:"UFC Agrees To Deal With Fox That Will See Up To Four Events Per Year On Broadcast TV"
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1565:"Here Are The Billionaires Who Donated To Donald Trump's 2020 Presidential Campaign"
991:"Judge Awards Kaskade $ 8 Million over Canceled Shows at las Vegas' KAOS Nightclub"
597:
199:
1152:"Governor Cuomo Signs Legislation Legalizing Mixed Martial Arts in New York State"
1441:"Columnist Elizabeth Foyt: Crowd toasts Molaskys for longtime support of hospice"
1368:"NYU Stern | Press Release | U.S. Military MBAs with $ 15 Million Endowment Gift"
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1417:"NYU Stern | NYU Stern Celebrates the Fertitta Veterans Program on Veterans Day"
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Fertitta resides in Las Vegas, Nevada, with his wife Teresa and three children.
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1319:"New 'heartbeat of UNLV football': Fertittas give $ 10M for training complex"
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760:"Fertitta brothers turn Ultimate Fighting Championship into a juggernaut"
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In January 2005, UFC entered a deal to broadcast televised content on
646:
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863:"Station Casinos' corporate name will be Red Rock Resorts after IPO"
548:"Lorenzo J. Fertitta: Executive Profile & Biography - Bloomberg"
520:"Tilman Fertitta talks about desire to own Las Vegas Strip property"
237:
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349:
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portfolio consisting of marketable securities and real property.
1611:"Inside LONIAN Yacht • Feadship • 2018 • Owner Lorenzo Fertitta"
301:
282:
On February 2, 2009, Station Casinos declared plans to file for
352:, a sports and entertainment talent representation firm led by
179:
1590:"Billionaire Anchors Two Super-Yachts Off Santa Barbara Coast"
888:"Viva Las Vegans! Red Rock Gambles, And Wins, On Local Crowds"
817:"Station Casinos Files for Bankruptcy as Talks Fail (Update2)"
187:
345:
269:
140:
1038:"Investors Pay $ 4 Billion for Mixed-Martial Arts Group UFC"
427:
Together with his spouse, Fertitta contributed $ 721,200 to
857:
855:
785:"Red Rock IPO Prices in Line With Casino Operator's Target"
964:"UFC owners will soon collect huge payday on Vegas empire"
1203:"UFC 205 on track to be biggest sports event ever at MSG"
622:"Station Casinos founder left his mark as philanthropist"
332:
As CEO of UFC, Fertitta worked with Governor of New York
852:
572:"Frank Fertitta Jr., patriarch of Station Casinos, dies"
190:
Broussard) in 1960. Fertitta Jr. became a dealer at the
939:"Red Rock Resorts Raises Over $ 500 Million in Its IPO"
1178:"Gov. Cuomo makes first pitch for Ronda Rousey at MSG"
1031:
1029:
1672:"Station executive to head Nevada Resort Association"
1005:"Zuffa, LLC: Private Company Information - Bloomberg"
1783:
American chief executives of food industry companies
1120:"Fox Signs Deal With Ultimate Fighting Championship"
1818:
New York University Stern School of Business alumni
1498:"Browse Individual contributions: Lorenzo Fertitta"
1026:
1522:"Browse Individual contributions: Teresa Fertitta"
1284:
1722:"How Beer and Garlic Breath Built Gordon Biersch"
1557:
1392:"Intrepid Fallen Heroes Fund - Board of Trustees"
1036:Schwartzel, Erich; Nagesh, Gautham (2016-07-11).
474:Former Advisory Board Member of Nevada First Bank
194:before graduating to management positions at the
186:, moved there from Texas with his wife Victoria (
1759:
1697:"The Life of Lorenzo Fertitta | Gaming the Odds"
1466:"Fertitta credits Ali for UFC's road to success"
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477:Former President and chief executive officer of
458:Former Chairman of the Nevada Resort Association
1095:"UFC reaches seven-year deal with Fox networks"
542:
540:
1200:
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302:Zuffa, LLC and Ultimate Fighting Championship
1286:"Brothers Behind UFC Launch Investment Firm"
1201:Campanile, Carl; Perez, Chris (2016-11-11).
537:
1260:"UFC sold to WME-IMG in unprecedented deal"
980:
165:
420:He is third-cousin to fellow entrepreneur
307:of UFC, while appointing childhood friend
270:Station Casinos and Red Rock Resorts, Inc.
29:
1175:
1117:
782:
653:
1544:
315:operate in North America and Australia.
1793:American casino industry businesspeople
1344:"LSF Eagles - Lone Survivor Foundation"
1226:Merced, Michael J. De La (2016-07-11).
685:"NYU SternConnect - Welcome NYU Alumni"
260:
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835:"Station Casinos files for Chapter 11"
661:"How Did I Get Here? Lorenzo Fertitta"
595:
517:
513:
511:
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1228:"U.F.C. Sells Itself for $ 4 Billion"
649:. Sigma Pi Fraternity, International.
589:
415:
518:Schulz, Bailey (26 September 2019).
1828:Nevada State Athletic Commissioners
508:
371:
13:
1788:American people of Italian descent
734:"FORM S-1 - RED ROCK RESORTS, INC"
14:
1839:
1813:Professional wrestling executives
1742:
1651:"The Mother of all Support Boats"
236:in 1991 where he was a member of
1798:Bishop Gorman High School alumni
783:Driebusch, Corrie (2016-04-26).
463:Nevada State Athletic Commission
438:
275:shareholders and co-founders of
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1545:Horridge, Kevin (6 June 2016).
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1176:Trefethen, Sarah (2016-04-14).
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1823:University of San Diego alumni
701:
677:
639:
614:
596:Miller, Matthew (2008-04-17).
564:
490:Director of Station Holdco LLC
479:Gordon Biersch Brewing Company
452:
170:Lorenzo and his older brother
160:Ultimate Fighting Championship
1:
1808:People from Summerlin, Nevada
1118:Schechner, Sam (2011-08-19).
501:
468:Former Board Member with the
1283:Chung, Juliet (2017-05-01).
465:(November 1996 to July 2000)
7:
1720:Notte, Jason (2014-07-29).
1074:www.sportsbusinessdaily.com
962:Kosman, Josh (2016-04-23).
470:American Gaming Association
399:Intrepid Fallen Heroes Fund
386:Fertitta Football Complex.
158:Inc, and former CEO of the
10:
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433:2020 presidential campaign
240:fraternity. He earned an
1803:Mixed martial arts people
892:Investor's Business Daily
406:New York University Stern
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230:Bishop Gorman High School
135:
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101:
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1396:www.fallenheroesfund.org
1348:Lone Survivor Foundation
1156:Governor Andrew M. Cuomo
913:"Red Rocks Resorts, Inc"
867:Las Vegas Review-Journal
524:Las Vegas Review-Journal
391:Lone Survivor Foundation
327:Fox Broadcasting Company
246:Stern School of Business
228:Fertitta graduated from
166:Early life and education
79:Stern School of Business
598:"Ultimate Cash Machine"
366:Kohlberg Kravis Roberts
360:. Private equity firms
234:University of San Diego
217:Fertitta Jr. worked at
152:Lorenzo Joseph Fertitta
74:University of San Diego
45:Lorenzo Joseph Fertitta
182:, after their father,
1778:American billionaires
1701:www.gamingtheodds.com
461:Former Member of the
339:Madison Square Garden
16:American entrepreneur
362:Silver Lake Partners
261:Fertitta Enterprises
1291:Wall Street Journal
1124:Wall Street Journal
1042:Wall Street Journal
789:Wall Street Journal
250:New York University
1232:The New York Times
740:. January 14, 2016
416:Political activity
184:Frank Fertitta Jr.
172:Frank Fertitta III
124:Frank Fertitta III
114:Frank Fertitta Jr.
1470:Los Angeles Times
1421:www.stern.nyu.edu
1372:www.stern.nyu.edu
1009:www.bloomberg.com
552:www.bloomberg.com
493:Vice Chairman of
358:Patrick Whitesell
149:
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1751:Official website
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1653:. 18 August 2021
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1592:. 31 August 2021
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1076:. 16 August 2011
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1011:. Archived from
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993:. 21 March 2022.
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919:. April 26, 2016
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823:. July 28, 2009.
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689:W4.stern.nyu.edu
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647:"Notable Alumni"
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495:Red Rock Resorts
372:Fertitta Capital
156:Red Rock Resorts
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35:Fertitta in 2014
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23:Lorenzo Fertitta
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1398:. February 2017
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485:Station Casinos
455:
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422:Tilman Fertitta
418:
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277:Station Casinos
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219:Station Casinos
192:Stardust Casino
174:were raised in
168:
141:fertittacapital
139:
129:Tilman Fertitta
127:
97:Teresa Fertitta
77:
70:Alma mater
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55:January 3, 1969
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1472:. 2016-06-04.
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