Posted on: April 18, 2023, 02:24h.
Final up to date on: April 18, 2023, 04:24h.
Golden Nugget is shutting down its Nevada cell sports activities wagering utility on April 26. The on line casino operator notified patrons in regards to the choice in a Monday e mail blast.
Clients with out pending wagers can withdraw funds through the app or by visiting the Golden Nugget On line casino in downtown Las Vegas. Those that don’t select both of these choices will obtain paper checks by mail round July 1 on the deal with tied to their cell betting account. Clients with wagers to settle after that date will obtain checks 60 days after the wager is graded.
(We glance ahead) to offering a brand new cell answer sooner or later,” stated the gaming firm in an e mail to clients.
The Golden Nugget on line casino empire is managed by Fertitta Leisure, Inc. (FEI). Presently, there are two Golden Nugget gaming venues in Nevada, one in downtown Las Vegas and one other in Laughlin. That quantity will quickly develop to 3 on account of FEI’s not too long ago introduced acquisition of the Onerous Rock Lodge & On line casino Lake Tahoe.
Different Golden Nugget properties are situated in Atlantic Metropolis, NJ, Lake Charles, La., and Biloxi, Miss. A not too long ago acquired on line casino lodge in Cripple Creek, Colo., will seemingly be transitioned to Golden Nugget branding, and the operator not too long ago broke floor on a brand new venue in Illinois.
Resolution Might Stoke DraftKings Hypothesis
To be clear, neither firm has commented to this impact, however Golden Nugget’s choice to scrap its Nevada cell betting app might stoke hypothesis that DraftKings would be the substitute.
In August 2021, DraftKings acquired Fertitta’s Golden Nugget On-line Gaming (GNOG) for $1.56 billion in inventory. The client gained some market entry and branding rights as a part of that deal.
“Most well-liked market entry charges by present Golden Nugget casinos. Retail sportsbooks at present and future Golden Nugget casinos to be rebranded as DraftKings,” in line with a DraftKings presentation issued on the time.
Though it not too long ago introduced the opening an enormous workplace in Southwest Las Vegas, which can be its second-largest US house after its Boston headquarters, DraftKings isn’t but licensed to simply accept bets in Nevada.
Antiquated Nevada Legal guidelines Might Be Behind Golden Nugget Resolution
When combining on line casino gaming and sports activities wagering, Nevada is the gaming mecca of the US. And, whereas the state permits cell sports activities wagering, the method for bettors to take part in that type of wagering is onerous.
The state doesn’t allow on-line signups, that means bettors should go to land-based casinos to open cell sports activities betting accounts. There’s paperwork concerned, and deposits have to be made in money, making for a burdensome and never customer-friendly course of.
Golden Nugget didn’t say these points had been the rationale behind its closing its Nevada cell app.