Key talking points from Golden Nugget’s takeover and plans to IPO

Operator has been on a seven-year revenue growth trajectory and plans to expand into new states

Golden Nugget (GN) is merging its business with special purpose acquisition corporation Landcadia II to aid its ambitions to go public. Tilman Fertitta, CEO for parent-company Landry’s, yesterday told investors the move was to fund Golden Nugget’s expansion into additional igaming states while still maintaining profitability. Landcadia II will pay $745m to acquire the online…

Golden Nugget | Strategy