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Tilman Fertitta’s latest power play echoes the Gilded Age railroad barons: building a $2B private empire from the wreckage of a pandemic-era casino crash, mirroring Cornelius Vanderbilt’s playbook of buying up distressed assets at fire-sale prices to control entire markets.

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Tilman Fertitta’s latest power play echoes the Gilded Age railroad barons: building a $2B private empire from the wreckage of a pandemic-era casino crash, mirroring Cornelius Vanderbilt’s playbook of buying up distressed assets at fire-sale prices to control entire markets.