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Texas Billionaire Tilman Fertitta Laying Off Thousands Of Workers

Houston Rockets owner Tilman Fertitta
© Troy Taormina-USA TODAY Sports

Tilman Fertitta is well-known for owning the Houston Rockets. 

He says he has to temporarily lay off 40,000 employees at his casinos, hotels and restaurants.


It's to limit the economic damage caused by government imposed shutdowns over the coronavirus.

He owns the Golden Nugget casinos and hundreds of restaurants like Del Frisco's and Bubba Gump Shrimp.