From High-Stakes Dining to Casino Resorts: Tilman Fertitta Expands Empire with Acquisition of Iconic Keens Steakhouse

Billionaire magnate Tilman Fertitta, a titan known for expanding his empire of massive casino resorts, has made headlines by purchasing Keens Steakhouse, a historic dining institution in New York City, for an astonishing $30 million. By bringing this legendary culinary landmark into his portfolio, Fertitta seamlessly blends the high-stakes excitement of his casino resorts with the refined excellence of world-class dining, placing this historic institution under the stewardship of one of the industry’s most influential figures.

Fertitta, who has previously expressed admiration for the establishment, remarked, “This is a New York jewel.” He assured patrons that Keens will continue to offer one of the most unparalleled dining experiences in the city.

Keens Steakhouse Legacy

Located in Midtown Manhattan adjacent to Herald Square, Keens has a storied history dating back to 1885 when it was founded by Albert Keen. It’s gained acclaim for its signature 26-ounce mutton chops, now served as lamb chops. The restaurant has hosted numerous celebrities and notable figures, contributing to its reputation as a premier dining spot.

The Pipe Club, once home to legendary members like Theodore Roosevelt and Babe Ruth, further solidifies its cultural significance. Moreover, film buffs may recognize Keens as the backdrop for pivotal scenes in Martin Scorsese’s 2013 film, “Wolf of Wall Street.”

Fertitta’s Expanding Empire

This acquisition marks another significant addition to Fertitta’s extensive portfolio, which includes Landry’s—a high-quality restaurant brand featuring prominent names like Morton’s, Del Frisco’s, and Mastro’s. Notably, Fertitta acquired Keens independently rather than through his restaurant conglomerate.

Fertitta, now one of the largest shareholders in Wynn Resorts and owner of the Houston Rockets, is actively developing a luxurious 43-story, 2,420-room casino resort on the Las Vegas Strip—a clear indication of his ambitious expansion plans.

Conclusion

With the acquisition of Keens, Tilman Fertitta reinforces his commitment to preserving historic culinary landmarks while expanding his business footprint in the hospitality sector. This move not only uplifts Keens’ legacy but also positions Fertitta as a significant player in both the restaurant and gaming industries.