Golden Nugget Online Gaming reported 27.7% revenue increase in Q2 to $31.7M, EBITDA loss of $3.8M was recorded due to investments in growth markets like Michigan. Revenue for the first half of 2021 increased 38.6% to $58.4 million compared to $42.2 million during the first half of 2020.

The company’s active first time depositors were up 110% in the quarter from a year ago and 12-month active depositors grew 108%. Chairman and Chief Executive Officer, Tilman Fertitta said, “We are proud to have achieved another solid quarter driven by the strength of our new customer growth both in our established and newer markets. Golden Nugget Online Gaming continues to successfully execute on our national expansion, while concurrently strengthening our capabilities and product offerings with key partnerships.

In Michigan, we grew market share and are very pleased with the trajectory of growth in the early quarters of our operations. We expect similar trajectories for our planned launches in Virginia, West Virginia and Pennsylvania later this year. In addition, our partnership with Boom Entertainment will only strengthen our award-winning content offerings. We are increasingly encouraged by our results and look forward to executing on the significant and growing market opportunity available to us.”