PR Newswire HOUSTON, Jan. 21, 2021 … Pre-Market 0.62 (2.97%) Houston, Texas-based Golden Nugget Online Gaming (NASDAQ: GNOG) stock has been hot since November.In the past three months, GNOG stock has gone up about 60% and is currently … Nasdaq The 2021 estimates are for Golden Nugget Online … 1125 N. Charles St, Baltimore, MD 21201. The high price target for GNOG is $27.00 … In June 2020, Lancadia Holdings II (LCA) announced a merger with Golden Nugget Online Gaming (GNOG) to potentially occur in the later end of the year. The Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ), for instance, also started trading in June 2020. Since then, the reverse-merger has finalized, and early investors have been thrilled with GNOG stock. Golden Nugget Online Gaming, Inc. (GNOG) estimates and forecasts. The investment community became familiar with the company in June 2020, when Landcadia Holdings II, a special purpose acquisition company (SPAC), announced it would be merging with Golden Nugget Online Gaming, a privately held company at the time. Wall Street saw his words as indication that the company would not shy away from developing the company further. Fidelity Covington Trust – Fidelity Total Bond ETF, Unlock HIDDEN Features! Based on our October revenues, we believe that we could generate over $100 million of Gross Gaming Revenue in New Jersey this year.”. New Jersey, Join now and get up to a $1000 free … In addition to formal higher education in the field, she has also completed all 3 levels of the Chartered Market Technician (CMT) examination. Finally, if you are tempted by the “SPAC-tacular” increase in prices but nervous about committing capital to GNOG stock at this point, then you could also consider an ETF that focuses in the SPAC space. Any decline under $20 would improve the margin of safety for buy-and-hold investors. In late October, GNOG stock released Q3 earnings. Her passion is for options trading based on technical analysis of fundamentally strong companies. has worked in investment management for over two decades in the U.S. and U.K. Her passion is for options trading based on technical analysis of fundamentally strong companies. Golden Nugget Online Gaming, Inc. GNOG 20.88 0.50 (2.45%). On the date of publication, Tezcan Gecgil did not have (either directly or indirectly) any positions in the securities mentioned in this article. !! Here’s why. The current size of the market is almost 59 billion U.S. dollars, meaning the size is forecast to double in the upcoming years.” As a result of such projected growth, GNOG stock has received considerable trader interest. Therefore, you may want to hold off committing new capital until you can analyze the results. Find the latest Golden Nugget Online Gaming, In (GNOG) stock quote, history, news and other vital information to help you with your stock trading and investing. She especially enjoys setting up weekly covered calls for income generation. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Find the latest Golden Nugget Online Gaming, In (GNOG) stock discussion in Yahoo Finance's forum. There’s still a cloud over businesses that have gone public through a reverse merger with blank check companies (or SPACs). 2021 InvestorPlace Media, LLC. The company is focused on … 5 Reddit Stocks That Could Be the Next GameStop >>>, Golden Nugget Online Gaming Stock May See $20 Before $40, According to recent industry metrics, “The global online gambling market is anticipated to be valued at more than, Finally, if you are tempted by the “SPAC-tacular” increase in prices but nervous about committing capital to GNOG stock at this point, then you could also consider an ETF that focuses in the SPAC space. This would likely increase revenue substantially, as it would allow players to bet on the move, especially as people spend more time on their phones than on the computer these days. Several other names included in BETZ that InvestorPlace readers would recognize are DraftKings (NASDAQ:DKNG), Flutter Entertainment (OTCMKTS:PDYPY), Penn National Gaming (NASDAQ:PENN) and William Hill (OTCMKTS:WIMHY). Yet if you can look past the short term, I think the business could do well in the coming quarters. She especially enjoys setting up weekly covered calls for income generation. President Thomas Winter cited, “Our third quarter confirmed and amplified our momentum in New Jersey, with record revenues supported by all-time-high player activity, sustained marketing investments and 64 new casino games, 20 of which we launched on an exclusive basis. This means that if you invested $100 now, your current investment may be worth 70.343$ on 2022 January 26, Wednesday. The post Buy Golden Nugget Online Gaming Stock for Its 10X Potential appeared first on InvestorPlace. Golden Nugget Online Gaming just revealed its second-quarter earnings on Aug. 18. Get the stock price and latest news for GNOG and start trading today with zero commissions. All rights reserved. Share your opinion and gain insight from other stock traders and investors. Following the results, investors put their faith in GNOG stock, which has since gone from about $12 to a record high of $27.18 on Dec. 28. We have seen plenty of IPOs over the course of 2020. On December 29, 2020, we consummated the acquisition (the “Transaction”) of Golden Nugget Online Gaming, LLC (formerly known as Golden Nugget Online Gaming, Inc.), a New Jersey … Golden Nugget To Go Live In Michigan With Online Casino And Sports Betting Launch is scheduled for 12pm EST on Friday, January 22nd, 2021. The Street debates whether they will be able to have sustained operations as well as have full transparency in dealings. Fertitta is also … Examples include the Defiance Next Gen SPAC Derived ETF (NYSEARCA:SPAK) and the SPAC and New Issue ETF (NYSEARCA:SPCX). Net revenue was $25.9 million, up 92% year-over-year (YoY). … Houston, Texas-based Golden Nugget Online Gaming (NASDAQ:GNOG) stock has been hot since November. Our site uses a custom algorithm based on Deep Learning that helps our users to decide if GNOG could be a good portfolio addition. This was done even though it is still a private company and has not yet merged with Landcadia Holdings. A golden ticket Landcadia is trying to bring Golden Nugget Online Gaming (GNOG) public through the merger with the SPAC, a maneuver that has gained popularity this year and brought public … Get today's Golden Nugget Online Gaming Inc stock price and latest GNOG news as well as Golden Nugget Online Gaming real-time stock quotes, technical analysis, full financials and more. Considering how far the stock has moved in a matter months, some short-term profit taking is likely. However, it will likely be a bumpy ride for the shares in the midst of the earnings season. Then the shares will possibly trade sideways for several weeks. These predictions take several variables into account such as volume changes, price changes, market cycles, similar stocks. 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GNOG is also looking at creating a mobile sports-betting app. Houston, Texas-based Golden Nugget Online Gaming (NASDAQ:GNOG) stock has been hot since November. quotes delayed at least 15 minutes, all others at least 20 minutes. GNOG stock is also a holding of this exchange-traded fund (ETF). About the Golden Nugget Online Gaming Inc – Class A stock forecast. Company Name: Golden Nugget Online Gaming Inc., Stock Symbol: GNOG, Industry: Gaming and Casinos, Total Posts: 1176, Last Post: 1/20/2021 10:06:35 PM Copyright © 2021 InvestorPlace Media, LLC. As of 2021 January 26, Tuesday current price of GNOG stock is 20.690$ and our data indicates that the asset price has been stagnating for the past 1 year (or since its inception). *Stock price forecasts are predicted by Deep Learning processes by technical analysis, shouldn't been used for investment decision. 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