DraftKings to Buy Golden Nugget Online

In a massive $1.56 billion deal, DraftKings will acquire Golden Nugget Online Gaming. An agreement was reached with Fertitta Entertainment, the parent company of the Golden Nugget and Landry’s Restaurants. The deal includes the Golden Nugget online gaming product and existing their existing database of more than 5 million gamblers. Additionally, the agreement includes marketing integrations and sponsorship with the NBA’s Houston Rockets. DraftKings will become the exclusive fantasy sports and sports betting partner of the Houston Rockets, even though sports betting has not been legalized in the state of Texas yet. Jason Robins, the CEO of DraftKings, stated “Our…

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