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Landry's, Inc.

Multi-brand restaurant retailer brings bitcoin to loyalty space
The operator of restaurant banners including Bubba Gump Shrimp Co. and Rainforest Café is launching a bitcoin loyalty rewards program.
Morton's steakhouse chain acquired by restaurant veteran
New York City -- A Friday report by Reuters said that restaurant veteran Tilman Fertitta has added to his restaurant holdings by reaching a $117 million deal for Morton's Restaurant Group Inc., which operates high-end steakhouses nationwide.

Fertitta, who expanded his stake from in Morton’s from the 5% he already held, has outlined plans to modernize the struggling chain.

This latest deal marks Fertitta’s second acquisition in two months, as in November he acquired seafood chain McCormick & Schmick's.

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Landry’s owns a wide portfolio of gaming, restaurant and hospitality companies, including Landry’s Seafood House, Rainforest Café, Chart House and Saltgrass Steak House. It acquired the 12-unit Oceanaire Seafood Room in April. The company also owns the Golden Nugget casino hotels in Las Vegas and Laughlin, Nev.

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