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![]() In 2020, the video game industry boomed with revenue close to $180 billion. Smartphone and online gaming have soared in the last ten years, and nearly 73% of people ages 4 to 20 own at least one video game console. More and more people are spending money and time on their favorite games. Video games have come a long way since Pong was released in 1958. If a purchase or signup is made through one of our Partners’ links, we may receive compensation for the referral. ![]() ![]() ![]() Our number one goal at DollarSprout is to help readers improve their financial lives, and we regularly partner with companies that share that same vision. ![]() ![]() After the merger, the new public company would trade under the symbol GNOC.Īt the special meeting, Golden Nugget Vice President and Treasurer Richard Liem testified that the merger would allow Golden Nugget Online, New Jersey’s top online gaming site, to access capital to enable it to compete with larger operators in the expanding U.S. The entity itself will merge with publicly traded Landcadia Holdings II Inc., a “blank check” acquisition company established by Fertitta that currently trades under the symbol LCA. ![]() The license granted to GNOC makes the entity an internet gaming affiliate of Golden Nugget casino. 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