There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should « hold » Golden Nugget Online Gaming stock.
Similarly, How much is Golden Nugget?
Key Data
| Label | Value |
|---|---|
| Today’s High/Low | $6.26/$5.97 |
| Share Volume | 851,231 |
| Average Volume | 845,326 |
| Previous Close | $6.30 |
Is Golden Nugget a good investment? The analyst said he viewed Golden Nugget « as a compelling investment as its 2020 performance in the nascent, competitive NJ market (revenue of $91.1 million and Ebitda of $28.9 million) provides a framework for the future. »
Thereof, What does Golden Nugget online gaming do?
Golden Nugget Online Sportsbook
The Online Sportsbook has several unique features including Golden Lines (daily odds boost), Parlay Boost and Match Tracker (a live in-game betting innovation). Golden Nugget Online Casino players may use their casino winnings to bet on sports for a seamless user experience.
How many shares of GNOG are there?
Share Statistics
GNOG has 46.88 million shares outstanding. The number of shares has increased by 26.33% in one year.
What happens to GNOG stock?
Golden Nugget stock is down year-to-date (YTD) by nearly 12% — or by $2.20 — to $17.50 as of the close of Oct. 18. However, by the time the deal closes in the first quarter of 2022, investors in GNOG stock will only have a loss of $1.95 for the year, or negative 9.9%.
What will happen to GNOG stock after merger?
Under the terms of the merger agreement entered into on August 9, 2021 (the “Merger Agreement”), Golden Nugget Online Gaming stockholders would receive a fixed ratio of 0.365 shares of New DraftKings’ Class A Common Stock for each Common Share of Golden Nugget Online Gaming they hold on the record date (the “Exchange …
Is Golden Nugget profitable?
Revenues jumped 224 percent to $934.5 million from $288 million a year ago. The earnings report comes ahead of a planned merger slated to take Golden Nugget and his restaurant empire public later this year.
Who owns GNOG?
Top 10 Owners of Golden Nugget Online Gaming Inc
| Stockholder | Stake | Total value ($) |
|---|---|---|
| Versor Investments LP | 15.00% | 60,064,937 |
| BlackRock Fund Advisors | 5.14% | 20,589,690 |
| Millennium Management LLC | 4.37% | 17,486,303 |
| The Vanguard Group, Inc. | 4.25% | 17,010,439 |
Who owns Golden Nugget online casino?
Golden Nugget Online
| Type | Public |
|---|---|
| Founder | Tilman Fertitta |
| Headquarters | Houston, Texas , U.S. |
| Key people | Tilman Fertitta (CEO and Chairman) Thomas Winter (President) Michael Harwell (CFO) Warren Steven (VP) |
| Website | goldennuggetcasino.com |
Is Golden Nugget online casino legit?
Is Golden Nugget Casino Legit? Golden Nugget Casino is completely legal and licensed within the state of New Jersey, with Michigan the only other state in which their services are offered.
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Is Rush Street Interactive profitable?
Revenue was $488.1 million during full year 2021, an increase of 75%, compared to $278.5 million during full year 2020. Net loss was $71.1 million during full year 2021, compared to a net loss of $131.6 million during full year 2020.
Is DraftKings buying GNOG?
Under the terms of DraftKings and GNOG’s agreement, New Duke Holdco, a wholly owned subsidiary of DraftKings, will acquire (i) 100% of DraftKings, (ii) 100% of GNOG and (iii) the portion of GNOG’s operating subsidiary that is not currently owned by GNOG from Landry’s Fertitta.
Who owns GNOG stock?
Top 10 Owners of Golden Nugget Online Gaming Inc
| Stockholder | Stake | Shares bought / sold |
|---|---|---|
| BlackRock Fund Advisors | 5.14% | +81,080 |
| Millennium Management LLC | 4.37% | +1,148,092 |
| The Vanguard Group, Inc. | 4.25% | +27,261 |
| Alpine Associates Management, Inc… | 2.81% | +40,300 |
Who owns GNOG?
This is the best management team in the space.” Fertitta agreed to hold his DKNG shares for at least one year after the transaction closes. With GNOG now owned by DraftKings rather than Fertitta, Golden Nugget online sportsbooks can now take bets on NBA again.
Did DraftKings buy Golden Nugget?
DraftKings agreed to acquire Golden Nugget Online Gaming for $1.56 billion in stock. Golden Nugget Online shareholders will receive 0.356 DraftKings shares, which is a roughly 53% premium to Golden Nugget Online’s stock on Friday.
Why did DraftKings buy Golden Nugget?
The all-stock transaction is expected to close in the first quarter of 2022, subject to approval of GNOG stockholders. DraftKings said the purchase will enable it to leverage the GNOG brand, the company’s iGaming product experience and combined database of more than five million customers.
What happens to my GNOG stock?
DraftKings (NASDAQ:DKNG) announced on Aug. 9 that it will purchase Golden Nugget Online Gaming (NASDAQ:GNOG) in an all-stock transaction. Upon the closing of the deal, each GNOG shareholder will get 0.365 of a share of DKNG stock for every share of Golden Nugget they own.
What will happen to GNOG shares?
Under the terms of the merger agreement entered into on August 9, 2021 (the “Merger Agreement”), Golden Nugget Online Gaming stockholders would receive a fixed ratio of 0.365 shares of New DraftKings’ Class A Common Stock for each Common Share of Golden Nugget Online Gaming they hold on the record date (the “Exchange …
Does DraftKings own Golden Nugget?
DraftKings agreed to acquire Golden Nugget Online Gaming for $1.56 billion in stock. Golden Nugget Online shareholders will receive 0.356 DraftKings shares, which is a roughly 53% premium to Golden Nugget Online’s stock on Friday.
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