video video video gaming unit includes the well known Golden Nugget resort .

video video video gaming unit includes the well known Golden Nugget resort .

Fertitta Entertainment, Inc.

Fertitta Entertainment, Inc. is Tilman J. Fertitta’s keeping business for considerably every one of their aets, including most of the equity in Golden Nugget, LLC and Landry’s, LLC, more or less 31.494 million stocks in Golden Nugget on the web Gaming, Inc. (“GNOG”), resorts, property, as well as other opportunities. The busine combination shall just add every one of its holdings in GNOG additionally the majority of the aets and businees that comprise Golden Nugget, LLC and Landry’s, LLC. Golden Nugget/Landry’s is an international, diversified video video video gaming, restaurant, hospitality, and activity business located in Houston , Texas. The business’s video video video gaming unit includes the well known Golden Nugget Hotel and Casino concept, with places in Las vegas, nevada and Laughlin, NV ; Atlantic City, NJ ; Biloxi, MS ; and Lake Charles, Los Angeles. GNOG is a prominent gaming that is on line that is considered an industry frontrunner by its peers and was to create real time Dealer and Live Casino Floor into the United States online video video video video gaming market.

GNOG had been the recipient that is past of eGaming Review North America Awards, like the coveted “Operator of the season” honor in 2017, 2018, 2019 and 2020. Activity and hospitality divisions encompa popular destinations including the Kemah Boardwalk. The business also operates a lot more than 500 outlets, including over 400 high-end and casual places to eat all over the world, with well-known principles such as for instance Del Frisco’s , Landry’s Seafood home, Bubba Gump Shrimp Co., Rainforest Cafe, Mortonis the Steakhouse, The Oceanaire Seafood place, McCormick & Schick’s Seafood, Chart home, Joe’s Crab Shack, and Saltgra Steak home. Landryis also operates the New that is popular York Guest Restaurants such as for instance Dos Caminos , Strip home and Bill’s Bar & Burger.

FAST Acquisition Corp.

FAST is a hospitality-focused check that is blank launched by the principals of &vestwhose busine function would be to impact a merger, capital stock market, aet acquisition, stock purchase, reorganization or comparable busine combination with more than one businees. FAST is led by creator Doug Jacob and CEO Sandy Beall . FAST raised $200,000,000 in its initial general public providing on August 20, 2020 and it is noted on NYSE beneath the ticker sign “FST.”


Latham & Watkins LLP is acting as appropriate consultant to Fertitta, and Jefferies LLC is acting as monetary consultant and money markets advisor to Fertitta. Jefferies LLC acted as lead positioning representative from the PIPE. Both Winston & Strawn LLP and White & Case LLP are acting as appropriate advisors to FAST. Citigroup Global Markets Inc. is acting as single advisor that is financial FAST, and Citigroup Global Markets Inc. and UBS Investment Bank are jointly acting as money areas consultant to FAST. Goodwin Procter LLP and Skadden, Arps, Slate, Meagher & Flom LLP are acting as appropriate advisors to Jefferies LLC.

Non-GAAP Financial Measures

This pre launch includes particular non-GAAP economic measures, including EBITDA and Pro forma modified EBITDA. EBITDA is understood to be web earnings plus interest expense, tax expense, depreciation and amortization. Professional forma Adjusted EBITDA is described as EBITDA, plus impairment costs, pre-opening expenses, and onetime non-recurring items, as though every one of the businees had been owned at the time of January 1, 2021 . These monetary measures are perhaps maybe not ready prior to accounting axioms generally speaking accepted in america that will differ from non-GAAP economic measures employed by other programs. FAST and also the business believe the utilization of these non-GAAP monetary measures provides a tool that is additional investors to make use of in assessing ongoing working outcomes and styles. These measures that are non-GAAP comparable names really should not be considered in isolation from, or instead of, monetary measures determined according to GAAP.

Site-standaardvideo video video gaming unit includes the well known Golden Nugget resort .