Fertitta Leaves Casino To Become CEO Of UFC
Lorenzo Fertitta is president of one of Las Vegas’ most successful casino chains. For years he has made his millions watching people gamble and having the privilege of receiving that money for himself. Yet, now that is about to change as he resigns this position and takes on the UFC full-time.
Fertitta, his older brother, Frank III and Dana White purchased the UFC in 2001 for $2 million when it was struggling and on the verge of folding. But in the seven-and-a-half years since, they’ve turned it into one of the great success stories in sports.