Golden Nugget Online Gaming (GNOC) Short-Term, Long-Term Stock Projections. Landcadia Holdings II will acquire Golden Nugget Online Gaming (GNOG) after entering into a purchase agreement with current owner Tilman J Fertitta. If approved, the combined company would have a vaulation of about $745 million. Posted on: December 18, 2020, 12:23h. View real-time stock prices and stock quotes for a full financial overview. Last updated on: December 3, 2020, 02:16h. The Landcadia Holdings II SPAC merger with Golden Nugget's online gaming business to create GNOG stock is too good to be true.More From InvestorPlace Why Everyone Is Investing in … At least for now. Tilman Fertitta, the owner of the Golden Nugget casinos, has approached Caesars Entertainment Corp. about a possible merger, according to people familiar with the billionaire’s plans. In fact, the stock … Golden Nugget Online Gaming will join the public markets this week. Find out how to vote here - Enjoy! Tilman Fertitta’s Golden Nugget (GNOG stock) IPO day has come, finally. Landcadia Holdings II and Golden Nugget will merge soon, pushing the stock up. And that debt will weigh on Golden Nugget Online Gaming's path to profitability given it comes at 14%. Last updated on: December 18, 2020, 02:44h. The bear case in GNOG stock has been growing, but investors shouldn't lose sight of the big picture and the smart money spread in Golden Nugget.More From InvestorPlace Why Everyone Is … 7 Telehealth Stocks To Buy Ahead Of Flu Season And when the merger was announced on June 29, Landcadia had $321 million of funds that will be transferred to Golden Nugget after the merge. On Tuesday, shareholders of Landcadia Holdings II (NASDAQ:LCA)., a special-purpose acquisition company, better known as SPAC, approved a merger with the fast-growing online gambling company . Golden Nugget Online Gaming will join the public markets this week. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. It's a new publicly traded rival to DraftKings. Golden Nugget Online Gaming, Inc. is registered with the U.S. Security and Exchange Commission and incorporated in the state of Delaware. In the past three months, GNOG stock has gone up about 60% and is … What’s Next After the Merger? Posted on: December 2, 2020, 07:06h. The Golden Nugget has already established a position as an online gaming market leader in New Jersey and plans to expand into Pennsylvania and Michigan in early 2021. 1D 1W 1M 3M 6M 1Y 5Y. GNOG | Complete Golden Nugget Online Gaming Inc. stock news by MarketWatch. Landcadia in a filing said it will ask shareholders to approved the SPAC's propose;d merger with online gaming company Golden Nugget. Add in that most of the cash is burned in the merger. It is over six months following Landcadia Holding II Inc.’s announcement of its interest to merge with Golden Nugget Online Gaming to provide the latter with a platform to go public. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Interestingly enough, Golden Nugget is also likely to land in Pennsylvania at some point. Save the Date: Landcadia Investors Vote on Golden Nugget Online Deal Dec. 18. Golden Nugget Online Gaming, Inc is primarely in the business of services-prepackaged software. The news of the merger between the SPAC and Golden Nugget first surfaced in June 2020. Last updated on: December 21, 2020, 11:22h. Houston, Texas-based Golden Nugget Online Gaming (NASDAQ:GNOG) stock has been hot since November. Because GNOG stock was already trading for the last 6 months, under a different ticker (LCA) and under a different name, Landcadia Holdings II. Golden Nugget Online Gaming is valued at $745 million, 6.1 times the amount the combined business hopes to generate in 2021. 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