Tim Poster (born )
is an American entrepreneur best known for the travel and leisure startup called
Travelscape which was sold for over $89,000,000 in 2000, and at one time owning the
Golden Nugget Las Vegas
The Golden Nugget Las Vegas is a luxury hotel and casino located in downtown Las Vegas, Nevada on the Fremont Street Experience. The property is owned and operated by Landry's, Inc. It has 2,419 hotel rooms.
History
The Golden Nugget was ori ...
before selling to
Landry's Inc. for $140,000,000.
Biography
Tim Poster has a history in the casino
gaming industry Gaming industry, game industry, or games industry may refer to:
* Gambling industry
** Especially in reference to casinos
** Online gambling industry
* Video game industry
* Industry related to game
A game is a structured form of play ...
dating back to Poster attended
Bishop Gorman High School
Bishop Gorman High School (also commonly referred to as Gorman High School or BGHS) is a private Roman Catholic preparatory school located in Las Vegas, Nevada. The school is administered by the Diocese of Las Vegas. The school opened in 1954. ...
in Las Vegas in the early 1980's, along with other notable figures such as
Lorenzo Fertitta
Lorenzo Joseph Fertitta (born January 3, 1969) is an American businessman and philanthropist. He is chairman of Fertitta Capital, director of Red Rock Resorts Inc, and former CEO of the Ultimate Fighting Championship.
Early life and education
Lo ...
. Poster became close friends with
Tom Breitling
Thomas Breitling (born June 19, 1969) is an American entrepreneur.
Early life
Breitling was born in St. Paul, Minnesota. His father became a pilot for Northwest Airlines after serving in the United States Air Force. His mother was a nurse. ...
as part of their venture together to buy and run the iconic Las Vegas casino, the
Golden Nugget, another venture that returned a profit for both Breitling and Poster after selling for $140 million to
Tilman Fertitta
Tilman Joseph Fertitta (born 1957) is an American billionaire businessman and television personality. He is the chairman, CEO, and owner of Landry's, Inc. He also owns the National Basketball Association (NBA)'s Houston Rockets. Fertitta is cha ...
after only 18 months of ownership
(2004–2005). The timing was particularly fortunate for Poster since only a short couple years after that sale the economy in the United States (and disposable income typically spent in casino resorts) would then dry up beginning around 2007 as part of the
Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At ...
. Poster was hired by
Wynn Resorts
Wynn or wyn (; also spelled wen, ƿynn, and ƿen) is a letter of the Old English alphabet, where it is used to represent the sound .
History The letter "W"
While the earliest Old English texts represent this phoneme with the digraph ...
along with Breitling, as a "Senior Vice Presidents of Strategy and Development" for
Wynn Las Vegas
Wynn Las Vegas, often simply referred to as Wynn, is a luxury resort and casino located on the Las Vegas Strip in Paradise, Nevada, United States. It is owned and operated by Wynn Resorts, and was built on the former site of the Desert Inn resort ...
, was then promoted for one month to Chief Operating Officer to replace Maurice Wooden in 2013, but the resigned without providing public comment.
Poster, along with the Fertitta family and Tom Breitling went into business together in 2010 to form Fertitta Interactive LLC which in turn created Ultimate Gaming, a firm focused on "...real money online games, social gaming and digital entertainment."
Poster (and Breitling) starred in a
reality TV
Reality television is a genre of television programming that documents purportedly unscripted real-life situations, often starring unfamiliar people rather than professional actors. Reality television emerged as a distinct genre in the early 19 ...
series about their running the Golden Nugget while they owned the property. Due to low ratings, the show was cancelled after about only around six episodes aired.
Poster was entertained by high profile guests such as
Steve Wynn
Stephen Alan Wynn ('' né'' Weinberg; born January 27, 1942) is an American real estate developer and art collector. He is known for his involvement in the American luxury casino and hotel industry. Early in his career he oversaw the constructio ...
,
Jack Binion
Jack Binion is an American businessman. Binion is the son of casino magnate Benny Binion and worked for his father at Binion's Horseshoe, a casino and hotel in Las Vegas, Nevada.
Biography
Binion became president of the Horseshoe in 1963 at ...
, Marc Schorr,
David Chesnoff, and many others for his 50th birthday celebration in 2018.
See also
*
Golden Nugget Las Vegas
The Golden Nugget Las Vegas is a luxury hotel and casino located in downtown Las Vegas, Nevada on the Fremont Street Experience. The property is owned and operated by Landry's, Inc. It has 2,419 hotel rooms.
History
The Golden Nugget was ori ...
*
Lorenzo Fertitta
Lorenzo Joseph Fertitta (born January 3, 1969) is an American businessman and philanthropist. He is chairman of Fertitta Capital, director of Red Rock Resorts Inc, and former CEO of the Ultimate Fighting Championship.
Early life and education
Lo ...
*
Sig Rogich
Sigmund Aronson "Sig" Rogich (born May 17, 1944) is an Icelandic/United States, American businessman and is president of The Rogich Communications Group, a business facilitator, public relations, and crisis management firm. He is also a former U ...
*
Steve Wynn
Stephen Alan Wynn ('' né'' Weinberg; born January 27, 1942) is an American real estate developer and art collector. He is known for his involvement in the American luxury casino and hotel industry. Early in his career he oversaw the constructio ...
*
Tom Breitling
Thomas Breitling (born June 19, 1969) is an American entrepreneur.
Early life
Breitling was born in St. Paul, Minnesota. His father became a pilot for Northwest Airlines after serving in the United States Air Force. His mother was a nurse. ...
References
{{DEFAULTSORT:Poster, Tim
Living people
1968 births
Year of birth uncertain
American company founders