DraftKings Buys Golden Nugget On-line Gaming For Almost $1.6 Billion

Fertitta, who owns about 46% of Golden Nugget On-line Gaming’s stock, has agreed to hold on to new DraftKings shares that will likely be issued as a part of the deal for a minimum of one 12 months following the closing of the merger, which may happen within the subsequent 4 to six months.

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