Golden Nugget Online Revenues Rise 91.9%

This story was published more than 2 years ago.

Golden Nugget Online has posted their third-quarter financial results, posting a 91.9% rise in net revenues for the group during the period.

Key financial indicators for the quarter ending September 30th, 2020 were:

  • Gross Gaming revenues up to $28.9 million, up from $14.9 million last year
  • Net gaming revenues of $25.9 million, up from $13.5 million last year
  • Operating profits of $8.2 million, up from $4.2 million last year

Commenting on the performance Golden Nugget president Thomas Winter said, "Our third quarter confirmed and amplified our momentum in New Jersey, with record revenues supported by all-time-high player activity, sustained marketing investments and 64 new casino games, 20 of which we launched on an exclusive basis."

Golden Nugget CEO Tilman J. Fertitta added: "We are very pleased with yet another quarter of profitable growth. Our pandemic-proof business model keeps showing its resilience in New Jersey and we look forward to expanding operations in Michigan."

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.