Real Estate Week in Review for Oct 28, 2023 therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
Golden Nugget eyes NY iGaming opportunities with Tioga Downs gamingintelligence.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gamingintelligence.com Daily Mail and Mail on Sunday newspapers.
Golden Nugget Online Gaming Inks New York Market Access Deal with Tioga Downs
News provided by
Share this article
Share this article
HOUSTON, Feb. 24, 2021 /PRNewswire/ Golden Nugget Online Gaming, Inc. (Nasdaq: GNOG) announced today that it entered into a definitive agreement with Tioga Downs Race Track, LLC. ( Tioga Downs ) for future online gaming market access in the state of New York, subject to legislation, regulatory approval, license eligibility and availability.
Following a record year in New Jersey and its recent launch in Michigan, this agreement gives GNOG market access to the state of New York for online casino wagering under a Tioga Downs license, regulations permitting. As part of the 20-year agreement, GNOG will pay Tioga Downs, one of only seven commercial and tribal casinos in the state, a percentage of its net gaming revenue, which will be subject to minimum royalty payments for the duration of the term.