![]() Supreme Court lifted the ban on sports betting in 2018, 18 states to allow wagers. Lancadia was co-sponsored by Fertitta Entertainment, which owns the Rockets and will retain 52 percent of Golden Nugget stock, and Jefferies.Īccording to the filing, Fertitta's new company is valued at $745 million. The company will eventually re-adopt the Golden Nugget name and change its ticker to GNOG, the filing said. Golden Nugget is now active on the Nasdaq stock exchange under Landcadia Holdings II (LCA). The online casino company will arise after Fertitta used a blank check entity, Landcadia Holdings II, to buy New Jersey-based Golden Nugget Online Gaming, according to an SEC filing on June 29. Owners of sports franchises were banned from offering wagers for pro leagues in which they they owned a team. The State of New Jersey initially restricted Fertitta's company from including National Basketball Association games, but last September approved NBA bets under the condition wagers excluded Rockets contests. Personal Loans for 670 Credit Score or Lower ![]() Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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