Day: January 23, 2022

DraftKings consents to $1.56 b offer for Golden Nugget Online Video Gaming

Leading DFS operator and sports wagering huge DraftKings has actually

accepted purchase Golden Nugget Online Video Gaming (GNOG)in an all-stock deal valued at around United States$1.56 billion. The post DraftKings consents to$1.56 b offer for Golden Nugget Online Video gaming appeared initially on Online Gambling establishment Sites.

The online video gaming platform is the market leader in the New Jersey online gambling establishment market with a market share of around 30%. Under the terms of the contract, DraftKings will form a brand-new holding business, New DraftKings, which will be accountable for purchasing and managing the shares of the 2 subsidiaries. It has actually likewise been exposed that Tilman Fertitta will continue to hold his New DraftKings shares for a duration of at least one year from the closing date of the offer. The post DraftKings concurs to$1.56 b offer for Golden Nugget Online Video gaming appeared initially on Online Gambling establishment Sites.