DraftKings, a digital sports entertainment and gaming company, completed the acquisition of Golden Nugget Online Gaming, an online gaming company, from Fertitta, a hospitality and gaming company, for $1.56bn. "Our acquisition of Golden Nugget Online Gaming, a brand synonymous with iGaming and entertainment, will enhance our ability to instantly reach a broader consumer base, including Golden Nugget’s loyal ‘iGaming-first’ customers. This deal creates meaningful synergies such as increased combined company revenues driven by additional cross-sell opportunities, loyalty integrations and tech-driven product expansion as well as technology optimization and greater marketing efficiencies. We look forward to Tilman being an active member of our Board and one of our largest shareholders," Jason Robins, DraftKings CEO and Chairman of the Board.