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HOUSTON, Dec. 29, 2020 /PRNewswire/ Landcadia Holdings II, Inc. (the Company, we, us, or our ) (Nasdaq: LCA) today announced that it has completed its previously announced business combination with Golden Nugget Online Gaming, Inc., a leading online gaming and digital sports entertainment company. The business combination was approved by a majority of Landcadia s stockholders.
Upon completion of the business combination, Landcadia changed its name to Golden Nugget Online Gaming, Inc. The Company s shares of Class A common stock will commence trading on Nasdaq Stock Market under the ticker symbol GNOG on December 30, 2020.
Tilman J. Fertitta will continue to serve as the Company s CEO and Chairman of the Board. Thomas Winter will remain as President and the rest of the Golden Nugget Online Gaming team will continue in their respective roles. Tilman J. Fertitta commented, I am pleased to see the business combination finall
Global Online Gambling Market Could Exceed $125 Billion By 2027
PALM BEACH, Fla., Dec. 17, 2020 /PRNewswire/ Most would agree that it would be a safe bet to say that casinos have been losing money due to the global pandemic… Don t take that bet! Actually, the spread of COVID19 has accelerated the demand for online gambling. Moreover, increasing digitalization coupled with secure digital payment options are also some factors contributing to online gambling market growth. The market is further expected to gain momentum over the forecast period attributed to the rising use of digital currency and websites provided by companies for betting and gambling. Earlier this year, Grand View Research reported that in 2019 the global online gambling market size was valued at USD 53.7 billion and that they expected to grow at a compound annual growth rate (CAGR) of 11.5% from 2020 to 2027. Later they projected the revenues in 2027 to reach $127.3 billion by 2027. The report said that the mark
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HOUSTON, Dec. 17, 2020 /PRNewswire/ Landcadia Holdings II, Inc. (the Company ) (Nasdaq: LCA), a special purpose acquisition company, encourages its stockholders to vote in favor of the approval of the Company s proposed business combination (the Business Combination ) with Golden Nugget Online Gaming, Inc. ( GNOG ) and the related proposals to be voted upon at the Company s special meeting in lieu of its 2020 annual meeting of stockholders (the Special Meeting ). The Special Meeting will be held virtually at https://www.cstproxy.com/landcadiaholdingsii/sm2020, on December 18, 2020, at 10:30 a.m., Eastern time, as described in the Company s definitive proxy statement, dated December 2, 2020 (the Proxy Statement ).
Landcadia Holdings II, Inc Reminds Stockholders To Vote In Favor Of The Business Combination With Golden Nugget Online Gaming, Inc apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
The MGCB told
USPoker on Thursday that online gaming may be launching in the coming weeks. It’s unknown if that could include poker.
“Based on what we know at this point, we expect to authorize launch by mid-January,” MGCB spokeswoman
Mary Kay Bean told
USPoker in an email.
“We don’t know whether poker will be among the games included at initial launch. It will depend on an operator’s readiness to offer poker (their games have been evaluated by independent testing labs and our own gaming lab) and their desire to do so.”
What the operator approvals mean