In connection with the proposed business combination between Landcadia Holdings II, Inc. and Golden Nugget Online Gaming, Inc., on Nov. 2 GNOG issued a press release announcing it won “Operator of the Year” at the 2020 EGR North America Virtual East Coast awards. The combination with Landcadia gives Golden Nugget a pro forma enterprise value of approximately $745M, or 6.1 times the gaming company’s estimated 2021 revenue of $122M. Read more.
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