- Golden Nugget Casino Online Gambling
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- Golden Nugget Casino Online Gaming Casino
Sights set on Michigan market
Golden Nugget Online Gaming (GNOG), the online subsidiary of Golden Nugget, has signed a new agreement which will see the operator offer its online casino content in the state of Michigan.
The online casino company has secured market access through a partnership with the Keweenaw Bay Indian Community, the operator of two Ojibwa Casino properties in Michigan’s Upper Peninsula.
part of Golden Nugget’s plans for US expansion
The agreement is part of Golden Nugget’s plans for US expansion. The operator previously outlined plans to establish a presence in Michigan at the beginning of 2021.
Commenting on the deal, GNOG president Thomas Winter said: “Golden Nugget Online Gaming is thrilled to partner with the Ojibwa Casino to provide casino players in Michigan with a premium online casino and sportsbook experience.”
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(RTTNews) - Landcadia Holdings II, Inc. (LCA) has agreed to acquire Golden Nugget Online Gaming, Inc., a US online real money casino owned by Tilman Fertitta. The deal values the combined company. Golden Nugget Online Sportsbook. Available on desktop, mobile and tablet devices across the state of New Jersey, The Sportsbook offers great odds and a huge variety of markets across the United States and International sports. Pre-match and live betting (in-game) are available across more than 14 sports. The Online Sportsbook has several unique features including Golden Lines (daily odds boost), Parlay Boost and Match Tracker (a live in-game betting innovation). Golden Nugget Atlantic City is the first casino in New Jersey to offer a new interactive slot experience with enhanced features and exciting bonus games all right at your favorite slot machine. This new, interactive experience allows easier access to your 24K Select Club card and you can now check your Comp Dollars, Tier Credits, Tier Status. When you play slots and table games with your Golden Nugget 24K Select Card, you will earn Tier Credits, Comp Dollars and Cashback (on Slots and Video Poker only). Just by being a member of Golden Nugget 24K Select, you are eligible for exclusive offers and benefits while visiting the casino.
Golden Nugget Casino Online Gambling
Golden Nugget broadens its horizons
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Golden Nugget already offers its online casino and sports betting products in New Jersey. It is also looking to expand into the Pennsylvania market next year.
Last month, Golden Nugget announced it would be merging its online gaming business with special purpose acquisition corporation Landcadia Holdings II in a deal worth $745m. The agreement will see GNOG go public on the Nasdaq exchange in the third quarter.
deal would help fund Golden Nugget’s expansion into online gaming states
Tilman Fertitta, CEO of Golden Nugget parent company Landry’s, commented on the decision to go public in a message to investors. He said the deal would help fund Golden Nugget’s expansion into online gaming states while maintaining profitability. Postepay in america.
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This year, Golden Nugget entered into two new agreements to expand its content portfolio as it looks towards expansion. In February, it signed a multi-year extension to its partnership with provider Scientific Games. The company also agreed a new content deal with Evolution Gaming in May.
Michigan casino closures
Land-based casinos in Michigan closed on March 16 as a result of the COVID-19 pandemic. Since then, a number of casinos have reopened with added safety restrictions, including 22 of the state’s 23 tribal casinos.
In contrast, Detroit’s casinos remain closed, with city-wide business restrictions still in place. The city’s largest three casinos, MGM Grand Detroit, MotorCity Casino, and Greektown Casino, have struggled to generate revenue as a result.
For the first six months of 2020, MGM Grand Detroit revenue was down by 40%, totaling $126.5m. Motorcity Casino revenue for the same period saw a 41% fall to $102.6m. Greektown Casino revenue also dropped 41% to $70.1m. Total revenue for all three casinos fell by 59% for the first six months of 2020, totaling $299.2m.
It is unclear when casinos in the city will reopen, with Michigan COVID-19 cases recently seeing a sharp increase. On Thursday, the number of confirmed cases in the state amounted to 71,842, up 645 from the day before. The total number of deaths was 6,101, an increase of 16 from the prior day. The average increase in daily cases is now the highest it has been since May 20.