Golden Nugget On-line Gaming Enters Virginia’s Playing House
Golden Nugget On-line Gaming, Inc. (GNOG), the net playing division of Tilman Fertitta’s on line casino empire, this week turn out to be the most recent firm to obtain a digital wagering license in Virginia.
The operator obtained a short lived allow from the Virginia Lottery that permits it to start offering on-line sports activities betting providers within the state.
Information concerning the firm’s entry into the Virginia market arrive a few weeks after it secured access to New York by way of a partnership with Tioga Downs, one in every of a number of Upstate industrial playing institutions. GNOG’s New York enlargement is topic to legalization, regulatory approval, and license eligibility.
However whereas it has an extended strategy to go earlier than having the ability to go stay within the above state, with its lately obtained license, the corporate can now transfer ahead to getting ready its launch in Virginia. It stated that it will likely be working carefully along with state regulators to finish all of the required platform testing and that it expects to begin taking bets from native bettors this summer season.
The license from the Virginia Lottery allows GNOG to supply cellular wagering expertise. Of their most up-to-date necessary announcement, firm President Thomas Winter stated that along with their SWaM-certified native companion, Virginia Sports activities Know-how Group, they are going to be offering an awesome sportsbook product, whereas additionally sharing a portion of their income with the state’s Historically Black Colleges & Universities.
Golden Nugget’s Virginia Growth Effort
GNOG’s enlargement in Virginia’s betting market is according to Golden Nugget’s effort to enter that state’s on line casino market. Late final month, the corporate submitted its plan to construct a resort and gaming resort in Richmond.
Golden Nugget Richmond Lodge & On line casino will price $400 million and can take three years to construct. It’ll characteristic a 93,000-square-foot on line casino with 1,900 slot machines, 92 desk video games, and eight poker tables, a resort with 177 rooms and 37 suites, a 1,500-seat live performance venue, a number of meals and beverage retailers, a luxurious pool advanced with non-public cabanas, and extra.
Golden Nugget is among the half-dozen bidders vying for the proper to develop and function a on line casino resort in Richmond. Nonetheless, residents should first approve the chance for a property of this type to be dropped at town in a neighborhood referendum. The on line casino query will probably be on the November 2021 poll.
GNOG’s Virginia license marks the most recent enormous milestone for the corporate because it went public by way of a merger with a particular goal acquisition firm. The web playing operator tied the knot with Landcadia Holdings II, Inc. late final yr. The blank-check firm was shaped in 2019 by Mr. Fertitta himself and New York-based Jefferies Monetary Group.
Supply: “Golden Nugget Online Gaming Wins Online Sports Betting License in Virginia”, PR Newswire, March 16, 2021