NOWN FOR DOING A LOT IN
OUR COMMUNITY.
FERTITTA.
JOINS -- THANKS FOR JOINING US.
>> I LOVE COMING TO THE GALLERIA
HOLIDAY.
[LAUGHTER]
YOU'RE HERE.
SCHEDULE.
TELL US ABOUT THE SHOW.
>> YOU KNOW, IT'S GREAT.
YOU KNOW, IT'S FUN.
YOU TO A LOT OF DIFFERENT THINGS
IN LIFE.
AND IT'S SOMETHING ELSE TO DO.
I NEEDED TO FILL SOME TIME, SO I
SAID OWL SPEND FOUR MONTHS A
YEAR DOING THIS.
IT'S THE BIG GUY HELPING THE
LITTLE BOY.
AND YOU'RE HELPING THESE
COMPANIES AND AT THE END OF
OR NONE.
AND YOU'RE GIVING THEM A CHANCE.
YOU'RE GIVING THAT BIG ORDER
LEVEL.
>> THE SHOW IS ON NBC.
WHAT YES YOUR INITIAL REACTION?
WERE YOU GUNG HO, READY TO JUMP
IN?
>> THEY HAVE BEEN TALKING TO ME
FOR YEARS ABOUT A SHOW.
CNBC.
THEM.
BUT THEY CAME UP WITH THIS GUY
AND I KNEW IT WOULD RUN ON Y
CNBC.
IT'S A LITTLE BIT OF DRAMA FOR
MORE MENTORING AND SHOWING THESE
PEOPLE HOW TO GROW THEIR
BUSINESS.
WHEN WE SHOT A TEST, I SAID I
CAN DO THAT.
BUT I WANT TO SEE WHAT Y'ALL DO
WITH THE EDIT, BECAUSE I CAN BE
A SON OF A GUN BUT I DON'T WANT
IT ON CAMERA.
AM, I THINK.
>> YOU TOLD ME DURING THE
COMMERCIAL THAT THIS PROCESS OF
SHOOTING THIS SHOW WAS ACTUALLY
VERY STRESSFUL FOR YOU.
AND GIVEN HOW BUSY YOU ARE AND
THAT YOU ZIP AROUND FROM CITY TO
CITY AND YOU'RE SO BUSY RIGHT
HERE IN HOUSTON, WHAT WAS IT
OUT?
>> YOU KNOW, WHAT PEOPLE DON'T
RISE IS THAT IT'S NOT A --
REALIZE IS IT'S NOT A CAMERA
FOLLOWING YOU AROUND.
SCENE.
YOU MIGHT NOT HAVE EVERY WORD
DOWN.
BUT WE'RE SHOOTING THIS SCENE AT
THIS LOCATION, BECAUSE WE'RE NOT
A STUDIO SHOW.
THINK ABOUT IF YOU WERE SHOOTING
THIS SOMEWHERE NELS THE COUNTRY,
YOU KNOW SOMEWHERE ELSE IN THE
COUNTRY, OR MOVING AROUND SIX OR
SEVEN LOCATIONS FOR EVERY HOUR.
>> YOU'RE OUT ON LOCATION.
[OVERLAPPING SPEAKERS]
>> IF YOU WATCH THE SHOW, YOU'RE
DEALING WITH TWO DIFFERENT
CITIES.
AND EACH ONE IS IN THREE OR FOUR
DIFFERENT SCENES.
SO IT'S THE PICK-UP.
IT'S THE WAITING TIME.
IT'S THE TRAVELING.
YOU KNOW RVELGT -- YOU GET TO 40
MINUTES, YOU'RE SHOOTING 50
HOURS, BUT IT'S ALL THE TIME
SHOOT.
SO IT'S MORE OF THE TIME AND
COMPANY.
YOU'RE TRYING TO HELP OUT THE
UNIVERSITY OF HOUSTON.
THE POLICE DEPARTMENT
FOUNDATION.
HOUSTON'S CHILDREN'S CHARITY.
SO THAT'S WHERE -- AT THE END OF
DONE.
LET'S GET THIS SCENE OVER.
OBVIOUSLY.
AND YOU STILL HAVE ALL NIECE
OTHER PROJECTS.
-- THESE OTHER PROJECTS.
HOW DOES THE MACHINE STAY
RUNNING?
>> IT JUST -- YOU KNOW, GREAT
PEOPLE, NUMBER ONE.
THAT'S A HUGE COMPANY AND I HAVE
A LOT OF GREAT VICE PRESIDENTS
YEARS.
AND IT'S FUN.
I MEAN, I'M THE ONLY GUY THAT
HAS A TELEVISION SHOW THAT YOU
GET TO SEE HIS BRANDS EVERY WEEK
ON THE SHOW.
AND THEY PAY ME TO DO IT.
>> PRETTY COOL.
>> HOW DO YOU BALANCE I
YOU'RE RUNNING A HUGE BUSINESS
AS WELL.
15, 16-, 18 HOUR DAYS ARE
PRETTY COMMON.
>> I AM MEETING WITH SOME UNIQUE
GREAT COMPANIES THAT ARE VERY
EDGY, THAT HAVE THE NEXT
PRODUCT.
AND SO IT'S REALLY GOTP ME OUT
LIKE IT DID -- GOTTEN ME OUT
LIKE IT DID 30 YEARS AGO.
IT SHOWS ME, GOSH, THIS IS
REALLY INTERESTING.
TO LOOK AT THIS NEW PRODUCT AND
JUST TO SEE WHAT ALL THE YOUNG
PEOPLE AND EVERYBODY IS DOING.
>> CAN YOU GIVE US THE PREMISES
FOR THE FOLKS WHO MAY NOT HAVE
SEEN THIS SHOW?
>> YOU'RE MEETING TWO YOUNG
COMPANIES THAT -- THAT ARE
SUCCESSFUL BUT NOT SUCCESSFUL.
LEVEL.
MAYBE YOU NEED MARKETING, MAYBE
YOU NEED THIS.
AND -- AND THEN AT THE END OF
THE SHOW, THEY EITHER HELP MAKE
THE CHANGES THAT I ASK THEM TO
DO OR THEY DON'T.
AND IF THEY DON'T, MAYBE I'LL
BUY FROM THEM, MAYBE I DON'T.
AND IT'S INTERESTING.
AND YOU HAVE A BOARDROOM SCENE
AND THERE'S A LITTLE DRAMA.
BUT IT'S A GOOD SHOW BECAUSE IT
MOVES SO FAST.
PRODUCT.
AND WHO WOULD THINK THAT I'D BUY
EVERYTHING FROM BIKINIS TO
DRAINS FOR HOTELS TO LIPSTICK.
IMOISTLED.
>> THAT'S ONE -- GALVESTON
ISLAND.
>> WE KNOW YOUR BACK STORY.
YOUR DAD HAD A RESTAURANT.
AND YOU WERE SHELLING SHRIMP?
YEAH.
>> SO DO YOU THINK PART OF THE
REASON WHY YOU ARE SO INVESTED
IN GIVING BACK TO OTHER PEOPLE
OR ENTREPRENEURS WHO SHOW
PROMISE IS BECAUSE OF YOUR
>> ABSOLUTELY.
I GREW MY BUSINESS THE HARD WAY,
ONE STICK AT A TIME.
I WASN'T SMART ENOUGH TO BE A
TECH GUY THAT YOU'D WAKE UP AND
YOU'RE WORTH A BILLION DOLLARS.
IT TOOK ME A LOT OF YEARS.
AND BUILDING A LOT OF STICKS AND
BRICKINGS.
AND MAKING -- BRICKS AND HAVING
A LOT OF FAILURES ALONG THE WAY.ú
EVEN TODAY I CAN WALK THROUGH A
CASINO AND IF I SEE A GUM
WRAPPER, I PICK IT UP.
BUT YOU KNOW WHAT?
THAT'S WHY YOU SEE ALL MY PEOPLE
DO IT AND ALL OF OUR PLACES
CLEAN, BECAUSE YOU START AT THE
TOP, YOU BUILD A CULTURE.
AND PEOPLE LIKE THE CULTURE AT
LANDRY'S.
>> DO YOU EVER HAVE THAT MOMENT
OF SITTING BACK AND GOING, WHOA.
I STARTED THERE THIS POINT AND
NOW ALL OF THESE OTHER FAMILIES,
YOU KNOW, ARE DEPENDENT ON YOU.
AND YOUR COMPANIES.
>> EVERY NOW AND THEN.
BUT YOU KNOW, IT HAPPENED SO
GRADUAL FOR ME.
IT STARTED 30 -- 35 YEARS AGO,
SO -- BUT YES, DO I LOOK BACK
AND SAY, GOSH, I HAD 60,000
>> WHOA.
>> 40 STATES.
AND -- YEAH.
YOU KNOW, WHEN YOU THINK ABOUT
IT, IT IS A BIG PAYROLL, I CAN
TELL YOU THAT.
>> FOR SURE.
[OVERLAPPING SPEAKERS]
>> ASIDE FROM THE HUGE BUSINESS
SUCCESSES YOU'VE HAD IN YOUR
LIFE, YOU AND YOUR WIFE PAIGE
ARE ALSO VE PHILANTHROPISTIC.
YOUR HOME.
THEY SAY NO ONE IN OUR CITY HAS
GONE MORE TO SUPPORT AND ENHANCE
OUR CITY THAN TILMAN.
HOW DOES THAT MAKE YOU FEEL?
>> IT'S GREAT.
GOD HAS BEEN VERY GOOD TO ME.
THE CITY OF HIGH PRESSURE SYSTEM
HAS BEEN VERY GOOD -- HOUSTON
YOU HAVE TO STEP UP.
AND THAT'S WHY I DO A LOT OF
WHAT WE D IS BECAUSE THAT'S
WHAT WE'RE SUPPOSED TO DO.
AND I LOVE BEING INVOLVED.
THE UNIVERSITY O HOUSTON.
I LOVE BEING INVOLVED WITH
HOUSTON CHILDREN'S CHARITY.
THE POLI FOUNDATION.
AND LOTS OF OTHER CHARITIES IN
HOUSTON.
BUT THOSE ARE MY MAIN THREE AND
IT'S GREAT TO GIVE BACK.
>> LET'S TALK ABOUT YOUR
COUGARS, BECAUSE YOU WERE
INVOLVED WITH PICKING MAJOR
APPLEWHITE TO BE THE NEXT COACH.
THAT'S KIND OF COOL.
>> IT'S INTERESTING.
YOU KNOW, I WAS IN NEW YORK LAST
WEEK AND HAVING TO DO SOME
INTERVIEWS UP THERE.
AND SOME HERE.
YOU KNOW, THE PRESIDENT COUTURE
AND HUNTER AND OUR COMMITTEE, WE
DID A LOT OF DUE DILIGENCE ASK
WHEN IT WAS ALL OVER,
MALAYSIA -- AND WHEN IT WAS ALL
OVER, MAJOR APPLEWHITE WAS THE
RIGHT GUY.
WE'RE GOING TO GET GREAT
CONTINUITY AT THE UNIVERSITY OF
HOUSTON AND HE'S A BRAND PEOPLE
KNOW IN TEXAS.
GREAT FOR RECRUITING AND GOSH,
WEEK.
THAT'S AMAZING.
LAS VEGAS.
QUICK.
>> TELL US ABOUT YOUR CASINO.
>> I HAVE FIVE CASINOS.
THE GOLDEN NUGGET.
A LOT IN HOUSTON.
A LOT OF GUYS AND GIRLS GO TO.
IT'S A GORGEOUS PROPERTY.
IT WAS FUN TO DO THAT PROPERTY
THIS CLOSE TO HOUSTON.
AND I LOVE PEOPLE STOPPING ME
AND SAYING, GOTCH, I WENT TO
YOUR CASINO YESTERDAY OR LAST
WEEKEND AND IT WAS JUST GREAT.
WE HAVE A GREAT TIME.
I WANTED TO SAY WE DIDN'T WIN
ANY MONEY.
[OVERLAPPING SPEAKERS]
>> WE PAID YOU A LOT OF MONEY.
>> I DIDN'T BEAT YOUR BRAINS IN.
YOU BEAT OURS IN.
>> DO YOU THINK WE'LL SEE
GAMBLING LEGALIZED HERE ONE DAY?
>> ONE DAY.
EVERYTHING HAPPENS EVENTUALLY,
BUT I DON'T SEE IT ANYTIME SOON.
>> ANYTHING NEW YOU'RE ADDING TO
YOUR PLATE?
>> WE'RE BUILDING POST OAK AND
BUILDING PROBABLY 20 RESTAURANTS
NEXT YEAR.
>> HOW ABOUT TWO WEEKS OF SLEEP?
>> GET RID OF THIS COUGH.
I NEED TO GET RID OF THIS COUGH.
>> ANY ADVICE YOU WOULD HAVE TO
A YOUNG ENTREPRENEUR OUT THERE
YOUR FOOTSTEPS?
>> NO FEAR.
YOU CAN'T HAVE FEAR.
AND JUST BE PASSIONATE.
THOUGH.
DON'T GO GET A FRIEND THAT KNOWS
WHAT YOU KNOW.
HAVE NO FEAR AND HAVE LOTS OF
PASSION AND JUST KEEP POUNDING,
BECAUSE I'VE MADE A LOT OF
MISTAKES.
KNOW WHAT YOU DON'T KNOW.
>> THAT'S GREAT IDEA.
>> THANK YOU SO MUCH FOR
AND YOU CAN CATCH BILLIONAIRE