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Tag Archives: Golden Nugget Online Gaming

US – Golden Nugget Online doubles down on revenue

Having successfully completed its first quarter of operations in Michigan, Golden Nugget Online Gaming generated $26.7m during its first quarter, representing an increase of 54.2 per cent, compared to $17.3m during the first quarter of 2020. Net income was $69.6m after gains on warrant derivatives liabilities of $81.1m, a gain on the tax receivable agreement…

US – Flood of new market opportunities see Golden Nugget Online Gaming boom

Golden Nugget Online Gaming saw its fourth quarter revenue surge by 47.9 per cent over the prior year, reaching $23m. As well as completing its public listing on December 29, Golden Nugget launched its online casino and sportsbook in Michigan on January 22, 2021, in partnership with the Ojibwa casino, and launched a new version…

US – Golden Nugget Online Gaming named official supporter of Conscious Gaming’s PlayPause solution

Conscious Gaming has named Golden Nugget Online Gaming as an official supporter of PlayPause, a recently launched multi-state responsible gaming technology tool in the United States. PlayPause will launch in jurisdictions where GNOG operates, including New Jersey, Michigan and in upcoming launches in Pennsylvania, Virginia, West Virginia and Illinois. PlayPause is designed to modernise and…

US – Golden Nugget Online Gaming wins online sports betting license in Virginia

Golden Nugget Online Gaming has won one of the few coveted online sports gaming licenses to be awarded in Virginia and has been granted a temporary permit to commence online sports wagering in the State of Virginia. The company now has market access to 10 states, legislation and regulatory approvals permitting. Thomas Winter, President of…

US – Golden Nugget Online Gaming inks New York market access deal with Tioga Downs

Golden Nugget Online Gaming has entered into a definitive agreement with Tioga Downs Race Track for future online gaming market access in the state of New York, subject to legislation, regulatory approval, license eligibility and availability. Following a record year in New Jersey and its recent launch in Michigan, this agreement gives GNOG market access…

US – Golden Nugget Online Gaming up 63 per cent during 2020

Golden Nugget Online Gaming boomed during 2020 generating revenue of between $90m and 91m compared to $55.4m in 2019, an increase of approximately 63 per cent. “We are very pleased with yet another year of rapid and profitable growth. 2020 was a transformational year for GNOG, which went public, reached $100 million in GGR and…

US – Landcadia Holdings completes takeover of Golden Nugget Online Gaming

Landcadia Holdings has completed its previously announced business combination with Golden Nugget Online Gaming, a leading online gaming and digital sports entertainment company. The business combination was approved by a majority of Landcadia’s stockholders. Upon completion of the business combination, Landcadia changed its name to Golden Nugget Online Gaming. The company’s shares of Class A…

US – New Jersey Casino Commission approves Landcadia’s purchase of Golden Nugget Online Gaming

The New Jersey Casino Control Commission has approved Landcadia Holdings move to acquire Golden Nugget Online Gaming, Inc. (“GNOG”). “We are appreciative of the efforts of both the New Jersey Division of Gaming Enforcement and the Casino Control Commission in approving our transaction,” said Tilman J. Fertitta, Co-Chairman and CEO of Landcadia II. “With this…

US – Golden Nugget Online Gaming secures West Virginia market access

Golden Nugget Online Gaming has entered into a definitive agreement with Greenbrier Hotel Corporation for market access to the State of West Virginia. The definitive agreement grants Golden Nugget Online Gaming the right to offer mobile sports and online casino wagering under The Greenbrier’s licenses, subject to GNOG obtaining regulatory approvals, and requires GNOG to…