B Evidence Grade B Graded accuracy verified by the review judge Safe to Cite Dated

$1,560,000,000

$1,560,000,000 -- acquisition value for DraftKings / Golden Nugget Online Gaming (2022)

2022  · DraftKings

DraftKings announced plans to acquire Golden Nugget Online Gaming for approximately $1.56 billion.

  • The deal value was approximately $1.56 billion when first announced in August 2021
  • Final stock conversion was 0.365 DKNG shares per GNOG share following stock price changes
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Attribution: DraftKings View source
Lighthouse Research Team
Last verified:  ·  How we verify data →
Source verified Evidence graded
Value
$1,560,000,000
Unit
Currency Usd
Data Vintage
2022
Entity
DraftKings / Golden Nugget Online Gaming
Geography
North America
B
Strong, reliable evidence

Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.

61/100 confidence

Single source - not yet corroborated

Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
DraftKings Primary Tier B
https://igamingmi.com/news/draftkings-complete-purchase-of-golden-nugget-online-gaming/ ↗
Confidence: 53/100 Vintage: 2022 Channel: Deep Crawl
Source Article
DraftKings Complete Purchase of Golden Nugget Online Gaming
DraftKings Complete Purchase of Golden Nugget Online Gaming 4.1K DraftKings has completed the acquisition of Golden Nugget Online Gaming division, helping the fantasy sports titan reach new markets and expand their iGaming endeavors to reach a broader audience. DraftKings Michigan first announced pl…
Original Research
DraftKings · Original study ↗

Announced deal value for DraftKings' acquisition of Golden Nugget Online Gaming, first announced August 2021

Methodology documented
IndustryGaming Company SizeEnterprise RegionNorth America
Plain Text
DraftKings / Golden Nugget Online Gaming: $1,560,000,000 acquisition value. Source: DraftKings (2022). Via Lighthouse Intelligence -- https://lighthousedata.io/data/draftkings-golden-nugget-acquisition-value
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<blockquote cite="https://lighthousedata.io/data/draftkings-golden-nugget-acquisition-value" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>$1,560,000,000</strong> -- acquisition value for DraftKings / Golden Nugget Online Gaming<br><small>Source: DraftKings (2022) · <a href="https://lighthousedata.io/data/draftkings-golden-nugget-acquisition-value" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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