'We believe that DraftKings is one of the leading players in this burgeoning space and couldn't be more excited to lock arms with Jason and the DraftKings family across our entire portfolio of assets, including the Houston Rockets, the Golden Nugget casinos, and Landry's vast portfolio of restaurants. 'This transaction will add great value to the shareholders as two market leaders merge into a leading global player in digital sports, entertainment and online gaming,' Fertitta said. Fertitta currently owns approximately 46 percent of the shares in GNOG, according to a press release, and serves as its chairman and CEO. At the time, the deal valued the company at approximately $745 million. Live dealers enhance the experience for players.įertitta took Golden Nugget Online Gaming public in 2020. The company offers online gaming such as blackjack and slot machines that are accessible by computers, tablets, and smartphones. Golden Nugget Online Gaming began operating in New Jersey in 2013. 'We look forward to Tilman being an active member of our Board and one of our largest shareholders.' 'Our acquisition of Golden Nugget Online Gaming, a brand synonymous with iGaming and entertainment, will enhance our ability to instantly reach a broader consumer base, including Golden Nugget's loyal 'iGaming-first' customers,' Jason Robins, DraftKings' CEO and chairman of the board, said in a statement.

In addition, DraftKings has reached an agreement with Fertitta Entertainment on a partnership with the Houston Rockets, Golden Nugget casinos, and the Landry's vast network of restaurants.

(Nasdaq: GNOG) in an all-stock transaction valued at $1.56 billion. DraftKings, the nationally renown fantasy sports and online sportsbook company (Nasdaq: DKNG), announced it will acquire Houston billionaire Tilman Fertitta's Golden Nugget Online Gaming, Inc.

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