Golden Nugget online casino launched in Ontario on Wednesday, making it the fifth market in which the DraftKings iGaming app can be accessed.
Golden Nugget Battle Tested
Golden Nugget online casino has been operating in the Michigan, New Jersey, Pennsylvania, and West Virginia online casino markets for several years, but they have now entered the Ontario market, which launched iGaming in April 2022.
The Ontario market is growing and becoming more robust as the years unfold. For instance, in May 2025, gross gaming revenue generated from iGaming was up over 40% from May 2024. Ontario gamblers were responsible for a record-breaking revenue report in May, which spiraled to $338 million, shattering the previous record by $10 million.
Therefore, it has never been a better time to enter the market, particularly under the banner of a name people know and trust, like Golden Nugget.
Jackpots will be in excess of $1 million for a number of the over 2000 slot titles, along with a bevy of casino table games. Golden Nugget was also the first iGaming operator in the United States to offer live dealer options that have become commonplace in the digital market.
The province recently separated iGaming Ontario (iGO), which oversees the iGaming industry, from the Alcohol and Gaming Commission of Ontario, the province’s gambling regulator. Ontario’s minister of tourism, culture, and gaming, Stan Cho, believes the gaming system needs to be audited and reviewed to generate the most money for the province.
DraftKings’ Golden Nugget Acquisition: Savvy Business
DraftKings acquired Golden Nugget Online Gaming in May 2022, which allowed the Boston-based mobile sportsbook to enter the iGaming market with a recognized brand name.
DraftKings executed a strategic move by acquiring Golden Nugget Online Gaming. While Landry’s still owns the brick-and-mortar Golden Nugget casinos, DraftKings acquired the online division for $1.56 billion in stock, which dropped to $450 million once the sale was finalized.
“Acquiring Golden Nugget Online Gaming gives us synergies across our business,” said Jason Robins, Chairman and CEO of DraftKings. “We anticipate that this acquisition will provide meaningful revenue uplift by utilizing our data-driven marketing capabilities and a dual-brand iGaming strategy, gross margin improvement opportunities, and cost savings across external marketing and SG&A. I am proud to welcome the Golden Nugget Online Gaming team to the DraftKings family.”
Tilman Fertitta, chairman and CEO of Golden Nugget Online Gaming, as well as a billionaire tycoon and owner of Landry’s, stated, “This will be an alliance unlike any other in the digital sports, entertainment, and online gaming industry. Now that the acquisition is completed, I look forward to what the future will bring for our combined company and am confident this relationship will be a huge success.”
