{"id":458376,"date":"2021-03-16T07:03:34","date_gmt":"2021-03-16T11:03:34","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=458376"},"modified":"2021-03-16T07:03:34","modified_gmt":"2021-03-16T11:03:34","slug":"golden-nugget-online-gaming-wins-online-sports-betting-license-in-virginia","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/golden-nugget-online-gaming-wins-online-sports-betting-license-in-virginia\/","title":{"rendered":"Golden Nugget Online Gaming Wins Online Sports Betting License in Virginia"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n HOUSTON<\/span>, March 16, 2021<\/span> \/PRNewswire\/ — Golden Nugget Online Gaming, Inc. (Nasdaq: GNOG) (the “Company”) announced today that it has won one of the few coveted online sports gaming licenses to be awarded in Virginia<\/span> and has been granted a temporary permit to commence online sports wagering in the State of Virginia<\/span>. The Company now has market access to 10 states, legislation and regulatory approvals permitting.<\/p>\n

\n Thomas Winter<\/span>, President of GNOG stated, “We thank the Virginia Lottery for the opportunity to expand our online business into the Commonwealth of Virginia<\/span>. Together with our SWaM certified equity partner, Virginia Sports Technology Group, we are excited to announce that GNOG will not only be providing Virginians with a great mobile sportsbook, we will be proudly sharing our revenues with Virginia’s<\/span> Historically Black Colleges & Universities.”\u00a0Winter added, “We will be working hand in hand with the regulators over the next couple of months to complete all of the required and standard platform testing so that we will be in a position to start taking bets this summer.” <\/p>\n

\n
\n About GNOG
<\/u>
\n <\/b>Golden Nugget Online Gaming is a leading online gaming company that is considered a market leader by its peers and was first to bring Live Dealer and Live Casino Floor to the United States<\/span> online gaming market. GNOG was the past recipient of 15 eGaming Review North America Awards, including the coveted “Operator of the Year” award in 2017, 2018, 2019 and 2020.<\/p>\n

\n
\n Forward-Looking Statements<\/u>
\n <\/b>
\n
\n
\n
\n <\/u>
\n <\/b>This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, about us and our industry that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, including statements regarding market access, guidance, our expected results of operations or financial condition, business strategy and plans, user growth and engagement,\u00a0 commencement of operations, \u00a0product initiatives, and objectives of management for future operations, and the impact of COVID-19 on our business and the economy as a whole, are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,”\u00a0\u00a0“estimate,” “expect,” “expectations,” “forecast,” “going to,” “intend,”\u00a0\u00a0“may,” “plan,” “potential,” “predict,” “project,” “propose,” “should,”\u00a0\u00a0 “target,” “will,” or “would” or the negative of these words or other\u00a0\u00a0 similar terms or expressions. We caution you that the foregoing may not include all of the forward-looking statements made in this press release.<\/p>\n

You should not rely on forward-looking statements as predictions of future events. We have based the forward-looking statements contained in this press release primarily on our current expectations and projections about future events and trends that we believe may affect our business, financial condition, results of operations, and prospects.\u00a0 These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors many of which are outside GNOG’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.\u00a0 Important factors, among others, that may\u00a0 affect actual results or outcomes include the inability to obtain market\u00a0 access to the state of New York<\/span> due to the failure of the New York<\/span> state\u00a0 legislature to pass necessary legislation to allow GNOG the ability to\u00a0 operate its business; costs related to the business combination;\u00a0 the\u00a0 inability to maintain the listing of GNOG’s shares on Nasdaq; GNOG’s\u00a0 inability to obtain licensing approval even if appropriate legislation\u00a0 is passed; the timing of gaming regulators’ ability to approve our gaming applications and technology; GNOG’s\u00a0 ability to manage growth; GNOG’s ability to execute\u00a0 its business plan\u00a0 and meet its projections; potential litigation involving GNOG; changes\u00a0 in applicable laws or regulations, particularly\u00a0 with respect to gaming;\u00a0 general economic and market conditions\u00a0 impacting demand for GNOG’s\u00a0 products and services, and in particular\u00a0 economic and market conditions\u00a0 in the media \/ entertainment \/ gaming \/\u00a0 software industry in the markets\u00a0 in which GNOG’s operates; the\u00a0 potential adverse effects of the ongoing\u00a0 global coronavirus (COVID-19)\u00a0 pandemic on capital markets, general\u00a0 economic conditions, unemployment\u00a0 and GNOG’s liquidity, operations and\u00a0 personnel, as well as risks,\u00a0 uncertainties, and other factors described\u00a0 in the section entitled\u00a0 “Risk Factors” in GNOG’s filings with the SEC,\u00a0 which are available on\u00a0 the SEC’s website at www.sec.gov<\/a>.\u00a0Additional information will be made available in other filings that we make from time to time with the SEC. In addition, any forward-looking statements contained in this press release are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, including future developments related to the COVID-19 pandemic, except as required by law.<\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/golden-nugget-online-gaming-wins-online-sports-betting-license-in-virginia-301248006.html<\/a><\/p>\n

SOURCE Golden Nugget Online Gaming, Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire HOUSTON, March 16, 2021 \/PRNewswire\/ — Golden Nugget Online Gaming, Inc. (Nasdaq: GNOG) (the “Company”) announced today that it has won one of the few coveted online sports gaming licenses to be awarded in Virginia and has been granted a temporary permit to commence online sports wagering in the State of Virginia. The Company now has market access to 10 states, legislation and regulatory approvals permitting. Thomas Winter, President of GNOG stated, “We thank the Virginia Lottery for the opportunity to expand our online business into the Commonwealth of Virginia. Together with our SWaM certified equity partner, Virginia Sports Technology Group, we are excited to announce that GNOG will not only be providing Virginians with a great mobile … <\/p>\n

Continue reading “Golden Nugget Online Gaming Wins Online Sports Betting License in Virginia”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-458376","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGolden Nugget Online Gaming Wins Online Sports Betting License in Virginia - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/golden-nugget-online-gaming-wins-online-sports-betting-license-in-virginia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Golden Nugget Online Gaming Wins Online Sports Betting License in Virginia - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire HOUSTON, March 16, 2021 \/PRNewswire\/ — Golden Nugget Online Gaming, Inc. (Nasdaq: GNOG) (the “Company”) announced today that it has won one of the few coveted online sports gaming licenses to be awarded in Virginia and has been granted a temporary permit to commence online sports wagering in the State of Virginia. The Company now has market access to 10 states, legislation and regulatory approvals permitting. Thomas Winter, President of GNOG stated, “We thank the Virginia Lottery for the opportunity to expand our online business into the Commonwealth of Virginia. Together with our SWaM certified equity partner, Virginia Sports Technology Group, we are excited to announce that GNOG will not only be providing Virginians with a great mobile … Continue reading "Golden Nugget Online Gaming Wins Online Sports Betting License in Virginia"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/golden-nugget-online-gaming-wins-online-sports-betting-license-in-virginia\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-16T11:03:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA11005&sd=2021-03-16\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/golden-nugget-online-gaming-wins-online-sports-betting-license-in-virginia\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/golden-nugget-online-gaming-wins-online-sports-betting-license-in-virginia\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Golden Nugget Online Gaming Wins Online Sports Betting License in Virginia\",\"datePublished\":\"2021-03-16T11:03:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/golden-nugget-online-gaming-wins-online-sports-betting-license-in-virginia\\\/\"},\"wordCount\":852,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/golden-nugget-online-gaming-wins-online-sports-betting-license-in-virginia\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=DA11005&sd=2021-03-16\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/golden-nugget-online-gaming-wins-online-sports-betting-license-in-virginia\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/golden-nugget-online-gaming-wins-online-sports-betting-license-in-virginia\\\/\",\"name\":\"Golden Nugget Online Gaming Wins Online Sports Betting License in Virginia - 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