Landcadia nears acquisition of Golden Nugget Online

Business News

Landcadia Holdings has received regulatory approval obtained from the New Jersey Casino Control Commission to acquire Golden Nugget Online Gaming.

“We are appreciative of the efforts of both the New Jersey Division of Gaming Enforcement and the Casino Control Commission in approving our transaction,” said Tilman J. Fertitta, Co-Chairman and CEO of Landcadia II.

“With this regulatory approval, we are one step closer to completing our acquisition of GNOG,” said Landcadia II’s General Counsel, Steven L. Scheinthal.  Further, according to Scheinthal, “we are now waiting on the SEC to approve our definitive proxy statement for mailing to our stockholders and approval from our stockholders of the transaction, which we hope will happen in the near future.”