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Golden Nugget To Go Live In Michigan With Online Casino And Sports Betting

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Golden Nugget Online Gaming (GNOG) has officially received authorization from the Michigan Gaming Control Board to launch its Online Casino and Sportsbook on January 22, 2021. This expansion into Michigan follows GNOG's successful operations in New Jersey since 2013. The new platform will offer a wide range of online slots, table games, and sports betting options, including promotional bonuses of up to $1,000 for new customers. GNOG aims to provide top-tier service and product quality through its partnership with Ojibwa Casino and the Keweenaw Bay Indian Community.

Positive
  • Authorization to launch Online Casino and Sportsbook in Michigan.
  • Established brand presence after success in New Jersey.
  • Attractive promotional offers for new customers.
Negative
  • Market competition may affect profitability in Michigan.
  • Dependence on partnership with Ojibwa Casino for operations.

HOUSTON, Jan. 21, 2021 /PRNewswire/ -- Golden Nugget Online Gaming (Nasdaq: GNOG) has received authorization from the Michigan Gaming Control Board (MGCB) to start offering its Online Casino and Sportsbook at 12pm Eastern, Friday, January 22nd, 2021. The online casino and sportsbook will be available at GoldenNuggetCasino.com and via Android and iOS applications.

Recipient of the coveted EGR North America "Operator of the Year" award 4 years in a row, Golden Nugget has been a leading online gaming operator in New Jersey since 2013 In Michigan, Golden Nugget will offer its premium product and customer experience through its partnership with the Ojibwa Casino & the Keweenaw Bay Indian Community (KBIC).

GoldenNuggetCasino.com will feature a variety of online slots & table games and will offer a welcome bonus up to a $1,000, plus its popular promotions, including The Five Million Dollar Race.

Golden Nugget will also launch a brand new version of its online sportsbook, using the world-class Open Sports platform from Scientific Games. GoldenNuggetSports.com will offer up to $250 in Free Bets to all new sportsbook customers as well as daily odds boost ("Golden Lines"), reduced juice bet-types ("Notorious VIG") and enhanced parlays with the "Parlay Boost" feature. Pre-game and live betting will be offered across all American sports leagues and a wide selection of international sports.

Thomas Winter, President, Golden Nugget Online Gaming said, "We are really excited to go live in Michigan and are committed to offering a superior product, flawless execution and world-class player experience like we have done in New Jersey. We'd like to thank our partner, the Ojibwa Casino and the Keweenaw Bay Indian Community, for their support in introducing our premium online casino and sportsbook in the great state of Michigan."

"We look forward to our partnership with the Golden Nugget. Their launch highlights our commitment in bringing an exceptional online casino and sportsbook experience to our patrons in Michigan. Working with a strong brand such as Golden Nugget complements our casino offerings in Marquette and Baraga," said Larry Denomie III, General Manager, Ojibwa Casino.

Beginning Friday, January 22nd, 2021, Michigan players can place wagers & sports bets on their laptops or download the Golden Nugget Online Casino app to their smartphone or tablet.

About GNOG
Golden Nugget Online Gaming 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. GNOG was the past recipient of 15 eGaming Review North America Awards, including the coveted "Operator of the Year" award in 2017, 2018, 2019 and 2020.

Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. GNOG's actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward looking statements as predictions of future events.  Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements.  These forward-looking statements include, without limitation, GNOG's expectations with respect to future performance. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.  Most of these factors are outside GNOG's control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the ability of GNOG to grow and manage growth profitably and retain its key employees; (2) costs related to being a public company; (3) changes in applicable laws or regulations; (4) the possibility that GNOG may be adversely affected by economic, business and/or competitive factors; (5) unanticipated product services, delays or technology issues; and (6) other risks and uncertainties indicated from time to time in the most recent proxy statement, including those under "Risk Factors" therein, and in the Company's other filings with the SEC.  The foregoing list of factors is not exclusive.  Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.  The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

Cision View original content:http://www.prnewswire.com/news-releases/golden-nugget-to-go-live-in-michigan-with-online-casino-and-sports-betting-301212224.html

SOURCE Golden Nugget Online Gaming, Inc.

FAQ

When will GNOG launch its Online Casino and Sportsbook in Michigan?

Golden Nugget Online Gaming (GNOG) will launch its Online Casino and Sportsbook on January 22, 2021, at 12 PM Eastern.

What promotional offers does GNOG provide for new customers in Michigan?

GNOG offers up to $1,000 in welcome bonuses for new casino customers and up to $250 in free bets for new sportsbook customers.

Which platforms can Michigan players use to access GNOG's services?

Players can access GNOG's Online Casino and Sportsbook through GoldenNuggetCasino.com and the Golden Nugget apps on Android and iOS.

Who is GNOG's partner for the launch in Michigan?

GNOG is partnering with Ojibwa Casino and the Keweenaw Bay Indian Community for its launch in Michigan.

What is GNOG's history in the online gaming market?

GNOG has been a leading online gaming operator in New Jersey since 2013 and has won the EGR North America 'Operator of the Year' award for four consecutive years.

Golden Nugget Online Gaming Inc

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