GNOG

Esports Betting Industry On PC-Based Games Is On The Upswing

Thursday, October 14, 2021 - 1:55pm

A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming.

Key Points: 
  • A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming.
  • Most of the money is still in traditional esports played on PCs, and the industry has not adapted tournaments on a massive scale to mobile."
  • The esports betting industry on PC-based games is on the upswing, and sportsbooks need to capitalize on that while keeping an eye on the future.
  • In addition to Esports Technologies, sports betting industry leaders Draft Kings and Penn National as well as top retail and technology companies will be participating in the conference.

Esports Betting Industry On PC-Based Games Is On The Upswing

Thursday, October 14, 2021 - 1:55pm

PALM BEACH,  Fla., Oct. 14, 2021 /PRNewswire/ -- For a long time, the conversation in the gaming world was focused on mobile being the future of the industry. Now, in 2021, the future has officially arrived.  Our society is becoming more dependent on smartphones, with more than 90% of Americans owning a smartphone, and the rest of the developed world is only slightly behind the United States' pace. It is not a surprise that revenue from mobile gaming is rising, but the growth rate is something sportsbooks need to keep an eye on in the future. The more the common gamers pour their money into mobile gaming, the more sportsbooks will need to be ready to pounce. Already more than 40% of smartphone owners are paying at least $50 per month on games, which translates to $600 per year. That isn't a small sum for most people, and a quarter of the users are up to at least $1,000 per year on mobile gaming. Simply put, the future used to be mobile gaming, but it is becoming increasingly apparent that the future is here and the switch from PC gaming to mobile gaming is vital.   A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming. While most users are starting to use mobile gaming more than PC or consoles, the competitive gaming world has not made the switch yet. Most of the money is still in traditional esports played on PCs, and the industry has not adapted tournaments on a massive scale to mobile." Active gaming and tech companies in the markets today include:  Esports Technologies (NASDAQ: EBET), Skillz (NYSE: SKLZ), Super League Gaming (NASDAQ: SLGG), Elys Game Technology, Corp. (NASDAQ: ELYS), Golden Nugget Online Gaming, Inc. (NASDAQ: GNOG).

Key Points: 
  • A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming.
  • Most of the money is still in traditional esports played on PCs, and the industry has not adapted tournaments on a massive scale to mobile."
  • The esports betting industry on PC-based games is on the upswing, and sportsbooks need to capitalize on that while keeping an eye on the future.
  • In addition to Esports Technologies, sports betting industry leaders Draft Kings and Penn National as well as top retail and technology companies will be participating in the conference.

The Three Top Online Casino Markets in the U.S Projected to Generate More Than $1.5 Billion Combined in 2021

Friday, October 1, 2021 - 2:30pm

The three top online casino markets in the US have generated more than $1.5 billion in combined 2021 revenue through the first half of the year but 2020 was pretty good too!

Key Points: 
  • The three top online casino markets in the US have generated more than $1.5 billion in combined 2021 revenue through the first half of the year but 2020 was pretty good too!
  • With Michigan and possibly other states launching online casinos next year, 2021 projects as an even bigger year than 2020 for the US legal online casino industry.
  • Bonus.com said: "The newest state to join the legal online casino industry, Michigan,debuted online casinos in January 2021.
  • As of June 2021, five US states offer legal online casino gaming.

The Three Top Online Casino Markets in the U.S Projected to Generate More Than $1.5 Billion Combined in 2021

Friday, October 1, 2021 - 2:30pm

PALM BEACH, Fla., Oct. 1, 2021 /PRNewswire/ -- Legal online casino gambling continues to boom in the US. The three top online casino markets in the US have generated more than $1.5 billion in combined 2021 revenue through the first half of the year… but 2020 was pretty good too! In 2020 both New Jersey and Pennsylvania realized an online casino revenue surge after COVID-19 considerations shuttered land-based casinos across the country in March. Retail casinos in both states resumed business at limited capacity by summertime, but that didn't slow the mobile sports betting boom in either state. December marked periods of record-high monthly online casino revenues in both states. New Jersey nearly hit the $100 million monthly revenue mark in the final month of 2020, while Pennsylvania eclipsed the $70 million threshold for the first time. West Virginia also ended the year with the best month yet in the short history of the state's mobile casino industry. With Michigan and possibly other states launching online casinos next year, 2021 projects as an even bigger year than 2020 for the US legal online casino industry.  Last year saw online casino operators generate record-setting revenue numbers. Those 2020 landmarks pale in comparison, however, to the 2021 figures for operator revenue and state tax collection., according to industry insider, bonus.com.  Active gaming and tech companies in the markets today include:  Esports Technologies (NASDAQ: EBET), Bally's Corporation (NYSE: BALY), Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV), Genius Sports Limited (NYSE: GENI), Rush Street Interactive, Inc. (NYSE: RSI).

Key Points: 
  • The three top online casino markets in the US have generated more than $1.5 billion in combined 2021 revenue through the first half of the year but 2020 was pretty good too!
  • With Michigan and possibly other states launching online casinos next year, 2021 projects as an even bigger year than 2020 for the US legal online casino industry.
  • Bonus.com said: "The newest state to join the legal online casino industry, Michigan,debuted online casinos in January 2021.
  • As of June 2021, five US states offer legal online casino gaming.

Kaskela Law LLC Announces Shareholder Investigation into Acquisition of Golden Nugget Online Gaming – GNOG

Saturday, September 25, 2021 - 1:01pm

PHILADELPHIA, Sept. 25, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Golden Nugget Online Gaming, Inc. (GNOG) (Nasdaq: GNOG) on behalf of the companys shareholders.

Key Points: 
  • PHILADELPHIA, Sept. 25, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Golden Nugget Online Gaming, Inc. (GNOG) (Nasdaq: GNOG) on behalf of the companys shareholders.
  • On August 9, 2021, GNOG announced that it would be acquired by DraftKings in an all-stock transaction.
  • GNOG shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.)
  • Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation.

Genius Sports clinches new official data and trading partnership with Golden Nugget Online Gaming

Tuesday, September 21, 2021 - 1:00pm

Genius Sports Limited (NYSE: GENI) (Genius Sports) the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, has won a new official data and trading partnership with Golden Nugget Online Gaming, Inc. (Nasdaq: GNOG).

Key Points: 
  • Genius Sports Limited (NYSE: GENI) (Genius Sports) the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, has won a new official data and trading partnership with Golden Nugget Online Gaming, Inc. (Nasdaq: GNOG).
  • Genius Sports established the global market for official data, which is sanctioned directly by the relevant sports governing body.
  • Included in this partnership is Genius Sports leading portfolio of exclusive, official data rights, comprising the English Premier League, NASCAR, Liga MX, Argentine and Colombian soccer, Euroleague Basketball and NFL.
  • With official data at its heart, this partnership enables Golden Nugget to increase engagement with their customers while supporting a sustainable sports betting ecosystem.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Reminds Investors of Investigation of LONE, MGP, SAFM, and GNOG Mergers

Wednesday, September 15, 2021 - 7:42pm

Under the terms of the agreement, Lonestars shareholders will receive 0.51 shares of Penn Virginia common stock per share.

Key Points: 
  • Under the terms of the agreement, Lonestars shareholders will receive 0.51 shares of Penn Virginia common stock per share.
  • To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-lonestar-resources-us-inc .
  • Under the terms of the agreement, MGMs shareholders will receive 1.366 shares of VICI for each share of MGM common stock they own.
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or info@rl-legal.com .

Kaskela Law LLC Announces Stockholder Investigation of Golden Nugget Online Gaming, Inc. – GNOG

Wednesday, September 8, 2021 - 1:15pm

PHILADELPHIA, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Golden Nugget Online Gaming, Inc. (Golden Nugget) (Nasdaq: GNOG) on behalf of the companys stockholders.

Key Points: 
  • PHILADELPHIA, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Golden Nugget Online Gaming, Inc. (Golden Nugget) (Nasdaq: GNOG) on behalf of the companys stockholders.
  • On August 9, 2021, Golden Nugget announced that it would be acquired by DraftKings in an all-stock transaction.
  • Golden Nugget stockholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.)
  • Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation.

Golden Nugget Online Gaming Awarded Arizona Tribal Events Wagering Operator License

Monday, August 30, 2021 - 2:00pm

HOUSTON, Aug. 30, 2021 /PRNewswire/ -- Golden Nugget Online Gaming, Inc. (Nasdaq: GNOG) ("GNOG") along with its partner Grand Canyon Resort Corporation ("GRCR"), a wholly owned company of the Hualapai Tribe, announced today that the Arizona Department of Gaming has awarded the partnership an online tribal event wagering operator license.

Key Points: 
  • HOUSTON, Aug. 30, 2021 /PRNewswire/ -- Golden Nugget Online Gaming, Inc. (Nasdaq: GNOG) ("GNOG") along with its partner Grand Canyon Resort Corporation ("GRCR"), a wholly owned company of the Hualapai Tribe, announced today that the Arizona Department of Gaming has awarded the partnership an online tribal event wagering operator license.
  • "With an outstanding partner in Golden Nugget, we will establish a top-tier event wagering operation through our Grand Canyon Resort Corporation.The Golden Nugget brand is certainly no stranger to the residents of Arizona.
  • With the Las Vegas and Laughlin casino properties bordering our state, Golden Nugget has been providing legal sports betting and casino wagering entertainment to Arizonans for over 70 years.
  • Golden Nugget Online Gaming, Inc. 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 online gaming market.

Kaskela Law LLC Announces Stockholder Investigation of Golden Nugget Online Gaming, Inc. – GNOG

Friday, August 27, 2021 - 1:02pm

PHILADELPHIA, Aug. 27, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC is investigating Golden Nugget Online Gaming, Inc. (Golden Nugget) (Nasdaq: GNOG) on behalf of the companys stockholders.

Key Points: 
  • PHILADELPHIA, Aug. 27, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC is investigating Golden Nugget Online Gaming, Inc. (Golden Nugget) (Nasdaq: GNOG) on behalf of the companys stockholders.
  • On August 9, 2021, Golden Nugget announced that it would be acquired by DraftKings in an all-stock transaction.
  • Golden Nugget stockholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.)
  • Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation.