Posted on: April 18, 2023, 02:24h.
Final up to date on: April 19, 2023, 10:15h.
Golden Nugget is shutting down its Nevada cell sports activities wagering software on April 26. The on line casino operator notified patrons in regards to the choice in a Monday electronic 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 tackle tied to their cell betting account. Clients with wagers to settle after that date will obtain checks 60 days after the guess is graded.
(We glance ahead) to offering a brand new cell answer sooner or later,” stated the gaming firm in an electronic mail to clients.
The Golden Nugget on line casino empire is managed by Fertitta Leisure, Inc. (FEI). At present, 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 due to FEI’s just lately introduced acquisition of the Onerous Rock Resort & On line casino Lake Tahoe.
Different Golden Nugget properties are positioned in Atlantic Metropolis, NJ, Lake Charles, La., and Biloxi, Miss. A just lately acquired on line casino resort in Cripple Creek, Colo., will probably be transitioned to Golden Nugget branding, and the operator just lately broke floor on a brand new venue in Illinois.
Resolution May 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 alternative.
In August 2021, DraftKings acquired Fertitta’s Golden Nugget On-line Gaming (GNOG) for $1.56 billion in inventory. The customer gained some market entry and branding rights as a part of that deal.
“Most well-liked market entry charges by means of current 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 just lately introduced the opening of a large workplace in Southwest Las Vegas, which will likely 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
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 should 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 closing its Nevada cell app.