Golden Nugget

A leading iGaming operator is being acquired by the online sports betting company present in the most states. What Happened: DraftKings Inc (NASDAQ: DKNG) is acquiring Golden Nugget Online Gaming (NASDAQ: GNOG) in an all-stock deal. Golden Nugget Online Gaming shareholders will receive 0.365 shares...

The state of New Jersey set a new monthly record for all states with $748.6 million in September sports betting wagers. September Record: The total is up 68% year over year and passes the $668 million total from August, which was a monthly record at the time. Through the first nine months of the...

Special purpose acquisition companies, or SPACs, have been one of the hottest ways for companies to go public and raise money in 2020. This year has seen $42 billion raised from SPACs, more than the last five years combined.  What Happened: SEC Chairman Jay Clayton was interviewed on CNBC...

LANDCADIA HOLDI/SH CL A (NASDAQ: LCA) announced Monday that it is acquiring Golden Nugget Online Gaming, Inc. in a move to take Golden Nuggett’s online gaming business public. What Happened: Lancadia II is acquiring Golden Nugget’s online business with the intention of...

Atlantic City was once the Mecca of American gambling east of the Rocky Mountains. However, the Atlantic City gaming industry has suffered an unprecedented collapse over the past decade. What happened to the once-great gambling city? Increased Competition This single biggest factor...