- Golden Nugget’s gaming revenue jumped 63% from 2019 to 2020.
- Golden Nugget’s revenue for 2020 is sitting between $90 and $91 million.
HOUSTON – With 2020 now in the past, Golden Nugget Online Gaming reported record revenue numbers with many pieces coming together for it to happen.
Golden Nugget saw their USA online casino revenue jump 63% from $55.4 million in 2019 all the way up to between $90 and $91 million in 2020.
This is the third straight year that the company has seen growth.
“We are very pleased with yet another year of rapid and profitable growth. 2020 was a transformational year for GNOG, which went public, reached $100 million in GGR and signed market access agreements in multiple states. We look forward to replicating our New Jersey success in many other states and taking advantage of the strong growth of online gaming in the US,” said Tilman J. Fertitta, Chairman and CEO of Golden Nugget Online Gaming.
One of the major reasons for the success of Golden Nugget certainly has to do with the launching of online gambling in Michigan.
The state has already recorded nearly $2 million in casino wagers from daily users, aside from seeing many benefits from marketing campaigns.
“Michigan is embracing online gaming at a rapid pace and we anticipate that our business in the Great Lakes State will exceed our earlier expectations,” said Thomas Winter, President of Golden Nugget Online Gaming.
Something else that could have certainly helped with the 2020 revenue jump is the COVID-19 pandemic which kept people at home for a good part of the year. That being said, Golden Nugget’s online casino saw plenty of action.