Golden Nugget Richmond Hotel & Casino will cost $400 million and will take three years to build. Late last month, the company submitted its plan to build a hotel and gaming resort in Richmond. GNOG’s expansion in Virginia’s betting market is in line with Golden Nugget’s effort to enter that state’s casino market. Golden Nugget’s Virginia Expansion Effort Of their most recent important announcement, company President Thomas Winter said that together with their SWaM-certified local partner, Virginia Sports Technology Group, they will be providing a great sportsbook product, while also sharing a portion of their revenue with the state’s Historically Black Colleges & Universities. The license from the Virginia Lottery enables GNOG to provide mobile wagering experience. It said that it will be working closely together with state regulators to complete all the required platform testing and that it expects to start taking bets from local bettors this summer. GNOG’s New York expansion is subject to legalization, regulatory approval, and license eligibility.īut while it has a long way to go before being able to go live in the above state, with its recently obtained license, the company can now move forward to preparing its launch in Virginia. News about the company’s entry into the Virginia market arrive a couple of weeks after it secured access to New York through a partnership with Tioga Downs, one of several Upstate commercial gambling establishments. The operator obtained a temporary permit from the Virginia Lottery that enables it to commence providing online sports betting services in the state. (GNOG), the online gambling division of Tilman Fertitta’s casino empire, this week become the latest company to receive a digital wagering license in Virginia.
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