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Old June 23rd, 2007, 03:57 AM
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Thumbs up The secret history of the Stations Casinos family


The History of the family behind
the Ultimate Fighting Championship
(and Stations Casinos)

BY SCOOP MCTROLL

In the January of 2001, the ailing reality fighting contest known as The Ultimate Fighting Championship, was purchased from its founder, the SEG CORPORATION by ZUFFA LLC. Three men, Frank Fertitta III, his younger brother Lorenzo Fertitta and their brother in law, the low profile but nonetheless powerful, Blake Sartini, are the owners of ZUFFA LLC.


Tough guys Frank III and Lorenzo Fertitta

The Fertitta brothers Frank III and Lorenzo, take the limelight in this partnership and have recently become known to millions of people through the reality television show 'American Casino'. As the CEO and President respectively, of the Station Casinos Empire, they appear to be amiable and successful young businessmen. Las Vegas residents may know of Frank III through his involvement in many charities and community projects, including Catholic Charities, Opportunity Village and the Las Vegas Chapter of the I Have A Dream Foundation. They may know of Lorenzo Fertitta from his time on the board of the Nevada State Athletic Commission, or as the chairman of the Nevada Resort Association. The two millionare brothers donate hundreds of thousands of dollars per year to the Republican Party and they are an integral part of the Las Vegas A-list social scene. Many people have wondered just how they came to be so successful at such relatively young ages and where they came from. Our in depth report 'The Z-Files' will explore these issues and attempt to throw some light on the history of the family behind The Ultimate Fighting Championship. I hope you enjoy reading The Z-Files; it is the result of several months of research.

Part 1


It is 1993 in Galveston, Texas and a relative to the Fertittas, 89 year old Vic Maceo has just shown how business is done in his family. The aging alleged mobster had walked into the Galveston Post Office, pulled out a .38 calibre revolver and started firing at postal worker Pete Miller, whom Maceo believed owed him money. Maceo's aim was a little off since his hey day but he still managed to hit Miller in the right arm, shattering the bones and bringing him to the ground, wincing in pain.

When the Maceos and the Fertittas ruled the town a few decades prior, this was the way disputes were settled in Galveston, Texas. In this case Vic Maceo had sold a house to Pete Miller for $45,000 in 1968 and when Miller sold it in 1991, he sold it for $180,000. Naturally Vic felt that some of the profit should have been his. Miller had once worked as a busboy at the Maceo-Fertitta controlled illegal casino known as 'The Balinese Room' and Vic C. Mateo, who was also known as 'Little Vic' to distinguish him from his cousin Vic A. 'Gigolo' Maceo, could not cope with the fact that a busboy had seemingly gotten the better of him.

As Vic Maceo attempted to make his escape in his sports car, police apprehended him. He gave himself up willingly and when approached by the police, he said in a defiant and firm voice, "When you look a guy in the eye and tell him he owes you forty grand and he tells you, 'Let me get the file,' you know that the son of a bitch is lying." As the police slapped handcuffs on him he retorted with "You don't handcuff a gentleman in this town!" Such was the power that the Maceo and Ferttita gang once wielded in Galveston

Fertitta In-Law 'Big' Sam Maceo, The 'Barber of Galveston'

It all began in the early 20th century when two Sicilian barbers arrived in Galveston from Sicily via Louisiana. Rose and Sam Maceo were soon to build an illegal gambling empire from simple bootlegging roots and become known as Papa Rose and Big Sam. Along with their relatives the Fertitta family, they would control the black economy, the organised crime and the politics of Galveston for many years. One of their more well known illegal casinos was 'The Balinese Room' but by the mid 1930's, and the time that prohibition ended, they had built up an entire city block of illegal casinos and gambling dens in Galveston. Many people feel that they created the Vegas format before Vegas ever existed. Sam Maceo organized for all the big name singers and bands of the time to appear at his casinos, including Frank Sinatra.

...more - http://www.sherdog.net/forums/showthread.php?p=15723843
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Last edited by zengrifter; June 23rd, 2007 at 04:05 AM.
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  #2  
Old June 23rd, 2007, 10:04 AM
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dead link, even after filling out their member forms.
same article, quarter way down page.
http://fightsport.com/fightsport/new...t_archive.html


Last edited by Brutus; June 23rd, 2007 at 10:17 AM.
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Old June 23rd, 2007, 12:08 PM
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who wouldnt liked to have had their opportunities?


Last edited by Brutus; June 23rd, 2007 at 03:38 PM.
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Old June 23rd, 2007, 12:32 PM
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More pillars of the Vegas community! zg
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Old October 11th, 2007, 09:10 PM
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October 08, 2007
So far, track is clear for Station to go private

Locals casino operator says it plans to keep building

By Liz Benston
Las Vegas Sun

Steve Wynn invited the wrath of Wall Street soon after the 1999 opening of his $680 million Beau Rivage in Biloxi, Miss., which earned less than analysts expected.

Mirage Resorts' stock tanked, and Wynn, criticized for overspending on the posh property, faced an unwelcome offer the following year from Kirk Kerkorian's MGM Grand - a bid that ended with Wynn's company and his most precious of creations, the immensely profitable Bellagio, being wrested from him.

Fast forward to the present. Station Casinos runs up against a slowing economy not long after opening its $1 billion Red Rock Resort - the most expensive off-Strip casino ever built.

Once a Wall Street darling and the industry's most impressive growth stock, Station stock falters after missing profit expectations, while analysts question whether the company went overboard at Red Rock with touches such as onyx walls and custom chandeliers. The threat of a takeover, either hostile or more friendly, is palpable.

...more - http://www.lasvegassun.com/sunbin/st...566632773.html
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