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Golden Nugget Online Gaming Merger Approved, Closer To Going Public

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Golden Nugget Online Gaming Merger Approved, Closer To Going Public
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The New Jersey Casino Control Commission granted a casino license to Golden Nugget Online Gaming LLC. It conditionally approved a merger of Golden. Nugge Online. Gaming with Landcadia Holdings II Inc. that plans to change its name to. Golden nugget online gaming Inc., and its trading symbol to “GNOG”. Land cia is a special-purpose acquisitions company owned by Golden Nuget owner Tilman Fertitta.

Dylan Thompson, a representative of the New Jersey Division of Gaming Enforcement, is worried about the loss of a much-needed cash flow from internet gaming. DraftKings, which has both an online sportsbook and an on-line casino, went public in April.

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