Acquisition and Renaming of Golden Nugget Online Gaming Complete

David Burke

Acquisition of Golden Nugget Online Gaming

Landcadia Holdings II, Inc.(Nasdaq: LCA) today announced that it has completed business combination with online gaming & Sports entertainment company Golden Nugget Online Gaming, Inc.

Upon completion of the business combination which was approved by approved by a majority of Landcadia’s stockholders, 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 the 30th of December 2020.

About GNOG

Golden Nugget Online Gaming is a leading online gaming company which was first to bring Live Dealer and Live Casino Floor style games to the U.S online gaming market. The company has won at least 15 industry awards at the annual eGaming Review North America Awards.

Golden Nugget is a well-known name in sports throughout the US their igaming business is well established in New Jersey, which is currently the largest legal online gaming market in North America.

The company has obtained market access (subject to regulatory approval) to both the states of Pennsylvania and Michigan – and predicts launching its online casino brand in these markets in Q1 2021.

About Landcadia Holdings II, Inc.

Landcadia Holdings II, Inc. was a company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses that was co-sponsored by Fertitta Entertainment, Inc. and Jefferies Financial Group Inc.

David Burke

David Burke

An iGaming industry veteran with a background in Poker, David covers the latest news from the world of poker, sports, casino, and interesting gaming industry news.

Author: Stephen Gonzalez