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Landry s reportedly eyes going public with Fast Acquisition | Nation s Restaurant News

SPAC founders had been looking for quick-service, small-dining-room brands Texas billionaire Tilman Fertitta is reportedly in talks to take his restaurant giant Landry’s Inc. and his Golden Nugget casino holdings public with Fast Acquisition Corp., though the special purpose acquisition had been looking for quick-service brands. Bloomberg, in a report last week citing “people with knowledge of the matter,”said Fast Acquisition, which was created last August as a special purpose acquisition company, or SPAC, was considering raising more than $1 billion to back a possible transaction. Fertitta’s representatives said he would have no comment on the rumors. Fast Acquisition Corp. was listed on the New York Stock Exchange last August and set a target to raise $200 million. It was created by Doug Jacob, co-founder of &Pizza and co-CEO of the new blank-check SPAC, with Sandy Beall, the founder of the Ruby Tuesday brand.

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2021 Expected to See Opportunities Climb for Online Gambling Stocks

2021 Expected to See Opportunities Climb for Online Gambling Stocks FN Media Group Presents Microsmallcap.com Market Commentary News provided by Share this article Share this article NEW YORK, Dec. 31, 2020 /PRNewswire/ Gathering restrictions have hit casinos hard in 2020, including in Atlantic City, where the city s nine casino operators reported a $89 million drop in profits during Q3 2020. According to data from New Jersey gaming regulators, the jurisdiction is embracing online gaming to help offset the tax revenue losses from these land-based casinos. Atlantic City isn t alone in this shift, as several legal gambling districts are looking to online gambling service providers to provide secure, smooth, and fun transitions into the digital area, including from

Tilman Fertitta s Golden Nugget Online Gaming going public after stockholder approval

Tilman Fertitta s Golden Nugget Online Gaming going public after stockholder approval
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