11/23/2023 0 Comments Online casino golden nuggetOn the date of publication, Larry Ramer did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. The gameplay of Golden Nugget is straightforward. It’s designed to give players the experience of playing a classic slot machine, though it comes with some special features Multiplier Wilds and Respins to make the gaming experience more worthwhile. In a March 9 column on DraftKings, InvestorPlace contributor David Moadel wrote that “It won’t be easy for the shares to mount a sustained comeback” and contended that “ntil DraftKings can turn its financial results around, though, this Cinderella-story-gone-wrong will not have a happy ending.” Golden Nugget is a five-payline slot with a 3×3 grid. That changed on March 11, when DraftKings CFO Jason Park reported that his company’s takeover of Golden Nugget Online Gaming was “imminent.” On March 16, PlayUSA noted that the acquisition was expected to be finalized “in early 2022.” Now, some investors think May 6 is a key date that could bring more information.Įarlier this month, DKNG stock rallied after the company said that it would “look to enter Puerto Rico.” Nonetheless, the shares have tumbled 45% so far this year and 73% in the last 12 months. ![]() ![]() Since then, chatter around the pending acquisition has been largely quiet.
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