Golden Nugget Online

Golden Nugget Online Gaming Inc.
Company typeSubsidiary
Nasdaq: GNOG
Industry
Founded2020; 4 years ago (2020)
Houston, Texas, U.S.
FounderTilman Fertitta
Headquarters
Houston, Texas
,
U.S.
Key people
ParentDraftKings
Websitegoldennuggetcasino.com

Golden Nugget Online Gaming Inc. is an online casino and sports betting operator owned by DraftKings. The company was split from Landry's, Inc. (owner of the Golden Nugget casinos chain) in 2020 and acquired by DraftKings in 2022. The company's services are available in New Jersey, West Virginia, Pennsylvania, and Michigan.

History

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Golden Nugget first began dealing sports bets in New Jersey in 2018.[1]

In December 2020, a deal was reached with The Greenbrier casino to get market access in West Virginia.[2]

On February 24, 2021, the company gained New York access in deal with Tioga Downs casino.[3]

In May 2022, Golden Nugget Online Gaming was acquired by the fantasy sports contest and sports betting company DraftKings for $450 million in stock.[4]

References

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  1. ^ "Borgata, Golden Nugget Launch Entries in New Jersey Online Sports Betting Market". 23 August 2018. Retrieved March 4, 2021.
  2. ^ "Golden Nugget Online Gaming Secures West Virginia Market Access" (Press release). Retrieved March 4, 2021.
  3. ^ "Golden Nugget Online Gaming Inks New York Market Access Deal with Tioga Downs" (Press release). Retrieved March 4, 2021.
  4. ^ "DraftKings completes GNOG acquisition". iGaming Business. 2022-05-05. Retrieved 2022-05-05.
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