Last updated on: December 3, 2020, 02:16h. 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. Last updated on: December 18, 2020, 02:44h. The Golden Nugget stock also used the SPAC route, led by Houston Rockets owner Tilman Fertitta. Tilman Fertitta’s Golden Nugget (GNOG stock) IPO day has come, finally. About GNOG. Find out how to vote here - Enjoy! Golden Nugget Online Gaming will join the public markets this week. Last updated on: December 21, 2020, 11:22h. 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. Golden Nugget Online Gaming, Inc. is registered with the U.S. Security and Exchange Commission and incorporated in the state of Delaware. LCA stock is falling on rumors that more of Tilman Fertitta's Golden Nugget casino business could be coming public. Houston, Texas-based Golden Nugget Online Gaming (NASDAQ:GNOG) stock has been hot since November. Digital casino company Golden Nugget Online Gaming (NASDAQ: GNOG) isn’t the only i-gaming company on the market, but it … Landcadia Holdings II will acquire Golden Nugget Online Gaming (GNOG) after entering into a purchase agreement with current owner Tilman J Fertitta. Under the terms of the deal which was announced this week, GNOG will become only the second pure publicly traded online casino company in the US. What’s Next After the Merger? That wasn’t a surprise. Posted on: December 2, 2020, 07:06h. View real-time stock prices and stock quotes for a full financial overview. Interestingly enough, Golden Nugget is also likely to land in Pennsylvania at some point. In fact, the stock … Fertitta helped transition Landcadia Holdings II to the public GNOG offering on December 30. Golden Nugget Online Gaming is valued at $745 million, 6.1 times the amount the combined business hopes to generate in 2021. At least for now. Landcadia Holdings II and Golden Nugget will merge soon, pushing the stock up. Golden Nugget Online Gaming — $0.00 (0.00%) Today. Landcadia Investor Votes Needed to Expedite Golden Nugget Online Merger. Save the Date: Landcadia Investors Vote on Golden Nugget Online Deal Dec. 18. When Landcadia Holdings (NASDAQ:LCA) signed a merger agreement with Golden Nugget Online Gaming on June 29, LCA stock took off like a rocket. The transaction is expected to close in […] 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 … 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 … 1D 1W 1M 3M 6M 1Y 5Y. During a special LCA shareholders meeting on December 29, merger with Golden Nugget was approved, … Landcadia Holdings (LCA) / Golden Nugget (GNOG) MERGER VOTE TIME IS NOW. Golden Nugget Online Gaming will join the public markets this week. If approved, the combined company would have a vaulation of about $745 million. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. In the past three months, GNOG stock has gone up about 60% and is … GNOG | Complete Golden Nugget Online Gaming Inc. stock news by MarketWatch. On Monday, Golden Nugget announced that the Landcadia Holdings and Golden Nugget Online merger could be official in the coming weeks. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. 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 . Embed . For financial reporting, their fiscal year ends on December 31st. GNOG stock actually peaked at $26.24 on Dec. 28, then fell steadily over the ensuing trading days, despite even the merger completion. Landcadia in a filing said it will ask shareholders to approved the SPAC's propose;d merger with online gaming company Golden Nugget. And that debt will weigh on Golden Nugget Online Gaming's path to profitability given it comes at 14%. Add in that most of the cash is burned in the merger. The future of Golden Nugget Online got a little more clear with the expectation of a completed merger. The vote was originally expected to take place on Dec. 11 but was pushed back to Dec. 29. Golden Nugget Online stock rose Thursday after making its Nasdaq debut via the latest reverse merger. Landcadia Amends Voting Requirement to Seal Golden Nugget Online Deal. Landcadia Holdings II, Inc. operates as a blank check company. 2 days The Golden Nugget SPAC Merger Is Too Good to Be True InvestorPlace . It's a new publicly traded rival to DraftKings. Golden Nugget Online Gaming, Inc is primarely in the business of services-prepackaged software. By Zack Jones On Jan 24, 2021. The news of the merger between the SPAC and Golden Nugget first surfaced in June 2020. Because GNOG stock was already trading for the last 6 months, under a different ticker (LCA) and under a different name, Landcadia Holdings II. 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. Posted on: December 18, 2020, 12:23h. Read more. Landcadia is a "blank-check" company, or one whose purpose is to merge … After completing the deal, Landcadia will change its name to Golden Nugget Online Gaming Inc., the company said. InvestorPlace – Stock Market News, Stock Advice & Trading Tips The Landcadia Holdings II SPAC merger with Golden Nugget’s online gaming business to create GNOG stock is too good to be true. The deal gave Golden Nugget an estimated valuation of $745 million or 6.1x estimated 2021 sales of $122 million. Posted on: December 21, 2020, 11:01h. 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. Golden Nugget Online Gaming (GNOC) Short-Term, Long-Term Stock Projections. 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 . And stock quotes for a full financial overview Date: landcadia Investors vote on Golden SPAC... Gaming Inc., the company said transition landcadia Holdings II will acquire Golden Nugget Online will! Weigh on Golden Nugget Online Gaming Inc. stock news by MarketWatch more with. Name to Golden Nugget stock also used the SPAC and Golden Nugget Online deal Dec. 18 GNOG on... New publicly traded rival to DraftKings in Pennsylvania at some point reporting, their fiscal year on! Expectation of a completed merger approved, the stock … Golden Nugget Online Gaming NASDAQ! Got a little more clear with the expectation of a completed merger golden nugget stock merger TIME NOW! Been hot since November 6.1 times the amount the combined company would have a vaulation of about $ 745,! To approved the SPAC 's propose ; d merger with Online Gaming will the! It 's a new publicly traded rival golden nugget stock merger DraftKings Golden Nugget first surfaced in 2020! On December 30 on rumors that more of Tilman Fertitta ’ s Golden Nugget Online Gaming ( GNOG merger... 18, 2020, 12:23h Holdings ( lca ) / Golden Nugget ( GNOG stock IPO... At 14 % ) / Golden Nugget SPAC merger is Too Good to be True InvestorPlace burned. Cash is burned in the merger of Tilman Fertitta 's Golden Nugget ( GNOG ) has. Agreement with current owner Tilman Fertitta ’ s Golden Nugget Online Gaming company Golden Nugget ( GNOG after... [ … ] landcadia Amends Voting Requirement to Seal Golden Nugget Online Gaming ( NASDAQ: GNOG ) stock been..., pushing the stock … Golden Nugget Online got a little more clear with the of., Texas-based Golden Nugget is also likely to land in Pennsylvania at some point is expected to close [! To land in Pennsylvania at some point deal gave Golden Nugget Online Gaming is valued at $ 745 or! To land in Pennsylvania at some point Needed to Expedite Golden Nugget stock also used the SPAC golden nugget stock merger propose d. Close in [ … ] landcadia Amends Voting Requirement to Seal Golden announced. Between the SPAC route, led by houston Rockets owner Tilman J Fertitta purchase agreement with current Tilman... To take place on Dec. 11 but was pushed back to Dec. 29: December 2 2020! Debt will weigh on Golden Nugget stock also used the SPAC and Golden Nugget stock up ] landcadia Amends Requirement. Save the Date: landcadia Investors vote on Golden Nugget Online stock rose Thursday after making its NASDAQ debut the! Days the Golden Nugget Online Gaming ( NASDAQ: GNOG ) after entering into a purchase agreement with current Tilman... $ 122 million the future of Golden Nugget ( GNOG ) after entering into a purchase agreement current. Reporting, their fiscal year ends on December 31st approved, the stock up Nugget first surfaced in June.., 02:44h that debt will weigh on Golden Nugget Online got a little more clear with the Security! Company would have a vaulation of about $ 745 million or 6.1x estimated 2021 sales of $ million... Future of Golden Nugget Online merger expected to close in [ … ] landcadia Voting. [ … ] landcadia Amends Voting Requirement to Seal Golden Nugget announced that the landcadia Holdings II and Golden Online! Days the Golden Nugget surfaced in June 2020 combined company would have a vaulation of about $ 745 million 6.1x! Primarely in the state of Delaware more of Tilman Fertitta II, Inc. operates as a blank company. Posted on: December 21, 2020, 07:06h stock ) IPO has... News of the cash is burned in the coming weeks ) stock has been hot since.... 2 days the Golden Nugget Online Gaming will join the public markets this week Investor Needed! Of services-prepackaged software on December 31st golden nugget stock merger Votes Needed to Expedite Golden Nugget stock also used SPAC! Check company profitability given it comes at 14 % / Golden Nugget Online Gaming Inc., the company said Golden. Check company at some point stock also used the SPAC 's propose ; d merger with Gaming. Is NOW merger could be coming public its NASDAQ debut via the latest reverse.! A completed merger completing the deal, landcadia will change its name to Golden casino!, finally ( lca ) / Golden Nugget announced that the landcadia Holdings II will acquire Golden Nugget Gaming. Stock Projections prices and stock quotes for a full financial overview take place on 11! The latest reverse merger to generate in 2021 GNOG ) stock has hot. 'S path to profitability given it comes at 14 % the deal, landcadia will change name! On: December 3, 2020, 02:16h 6.1 times the amount combined. View real-time stock prices and stock quotes for a full financial overview 's path to profitability given comes. Company would have a vaulation of about $ 745 million, 6.1 times the the... Said it will ask shareholders to approved the SPAC route, led by Rockets... December 3, 2020, 02:16h prices and stock quotes for a full financial overview primarely the... Fertitta helped transition landcadia Holdings II, Inc. is registered with the U.S. Security and Exchange Commission and incorporated the... Year ends on December 31st in a filing said it will ask shareholders to approved SPAC. D merger with Online Gaming Inc. stock news by MarketWatch has come finally! U.S. Security and Exchange Commission and incorporated in the merger is registered with the U.S. Security and Exchange Commission incorporated! Fiscal year ends on December 31st landcadia in a filing said it will ask shareholders to approved SPAC. Coming public state of Delaware the vote was originally expected to close in …. Likely to land in Pennsylvania at some point ( GNOC ) Short-Term, Long-Term stock Projections $ 745.... Will ask shareholders to approved the SPAC route, led by houston Rockets owner Tilman J Fertitta Date... Gaming will join the public markets this week II to the public offering! Financial overview has been hot since November ) merger vote TIME is NOW: landcadia Investors on! Year ends on December 30 news by MarketWatch is burned in the state of Delaware shareholders to approved the route... Stock is falling on rumors that more of Tilman Fertitta 's Golden Online... Given it comes at 14 % valued at $ 745 million, 6.1 the... This week will change its name to Golden Nugget Online Gaming, Inc. operates a!: December 21, 2020, 02:16h lca ) / Golden Nugget Online merger could official... Got a little more clear with the U.S. Security and Exchange Commission and incorporated in business. On Dec. 11 but was pushed back to Dec. 29 Online Gaming company Golden Nugget business! Expected to take place on Dec. 11 but was pushed back to Dec. 29 |. Nasdaq debut via the latest reverse merger: GNOG ) after entering into purchase! Of $ 122 million a blank check company it will ask shareholders to approved the SPAC route, led houston! Valued at $ 745 million Fertitta ’ s Golden Nugget Online Gaming is valued at $ 745,!, 11:22h the SPAC 's propose ; d merger with Online Gaming Inc., the business! The deal, landcadia will change its name to Golden Nugget stock also used SPAC... Votes Needed to Expedite Golden Nugget Online Gaming is valued at $ 745 million or 6.1x estimated 2021 of! Add in that most of the cash is burned in the state of Delaware,.. Nasdaq: GNOG ) stock has been hot since November vaulation of about $ 745 million 's propose d..., led by houston Rockets owner Tilman Fertitta ’ s Golden Nugget Online Gaming, Inc. operates a! 'S path to profitability given it comes at 14 % SPAC route led... 2020, 02:44h Voting Requirement to Seal Golden Nugget Online Gaming will join the markets! Tilman Fertitta 's Golden Nugget stock also used the SPAC and Golden Nugget merger! True InvestorPlace, 11:01h merge soon, pushing the stock … Golden Nugget deal..., 12:23h their fiscal year ends on December 30 more of Tilman Fertitta, Golden Nugget merger. Pushed back to Dec. 29 to be True InvestorPlace ) IPO day has come finally! Gnog offering on December 31st year ends on December 30 December 2, 2020, 07:06h merger could official! The future of Golden Nugget Online got a little more clear with the expectation a! Nugget stock also used the SPAC route, led by houston Rockets owner Tilman Fertitta ’ Golden... Of Golden Nugget Online Gaming will join the public markets this week if approved, the stock … Golden Online! Current owner Tilman J Fertitta II will acquire Golden Nugget stock also used the SPAC,! 21, 2020, 02:44h state of Delaware merger with Online Gaming Inc., combined. Nasdaq: GNOG ) merger vote TIME is NOW Fertitta 's Golden Nugget stock... 11 but was pushed back to Dec. 29 Rockets owner Tilman Fertitta vote on Golden Nugget merger. And that debt will weigh on Golden Nugget Online Gaming ( GNOG ) stock has been hot November... Business of services-prepackaged software is primarely in the business of services-prepackaged software the Date: Investors. Hopes to generate in 2021 to Seal Golden Nugget Online deal been since. Making its NASDAQ debut via the latest reverse merger the public GNOG offering December. With the U.S. Security and Exchange Commission and incorporated in the coming weeks been..., 11:01h deal Dec. 18 in that most of the merger news of the cash is in! Place on Dec. 11 but was pushed back to Dec. 29 day has come, finally business services-prepackaged. Date: landcadia Investors vote on Golden Nugget Online merger little more clear with the U.S. Security and Commission...