Tag Archives: Lorenzo Fertitta
- UFC sold to talent agency powerhouse WME/IMG for a reported $4b
July 11, 2016
The Ultimate Fighting Championship (UFC) mixed martial arts organization has been sold to Hollywood talent agency powerhouse WME/IMG for a reported $4b, earning a handsome profit for former owners Lorenzo and Frank Fertitta. Rumors of a UFC sale had been circulating for months, but the deal was finally confirmed on...
- Station Casinos wants to be publicly traded again, IPO could reach $100M
October 15, 2015
Eight years after going private, the Fertitta-led Station Casinos has filed for an initial public offering that could reach $100 million. The company filed a registration statement with the U.S. Securities and Exchange Commission about the proposed IPO. Through its website, Station Casinos Corp. said the number of shares to...
- Station Casinos Growing Again, But Watch out for 2020
June 2, 2015
There are certain Orwellian terms that are thrown around in the world of finance that are meant to confuse the uninitiated, and to some extent even the experts. One of those terms is “leverage,” as in “leveraged buyout”. Leverage is a whitewashed term for debt. Or risk. Or “You pay...
NagaCorp Remains a Risky Investment for Income Only
October 13, 2015
Bally’s Merger with Scientific Games is GTECH-IGT’s Evil Twin
September 23, 2014
How To Turn Bitcoin Into a Bona Fide Money
September 13, 2016