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January 25, 2021 Holding steady at just over $20 per share, is now the take to make a wager on Golden Nugget Online Gaming (NASDAQ: GNOG)? It’s questionable. Sure, some big changes have happened in the past month, but GNOG stock still looks iffy. Source: 9dream studio / Shutterstock.com Formerly known as Landcadia Holdings II, this special purpose acquisition company (SPAC) closed on its merger with previously private-held Golden Nugget Online Gaming. But, while it’s taken on a new name, the opportunities and risks remain the same. That is to say, there’s big potential for this iGaming company to scale up massively in the coming decade. I’m sure you are well aware of the online gambling megatrend. As cash-strapped states continue to legalize online gambling, this fast-growing sector could eventually generate as much as $20 billion in annual revenue.

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