Golden Nugget Online Gaming continues its expansion. On Monday, it announced a definitive agreement with Greenbrier Hotel Corporation of West Virginia to launch sports betting and online casino games in the state, subject to the procurement of the required regulatory approval.
Its entry in West Virginia marks its access in a fifth different state. Golden Nugget has also entered the online sports betting and casino games in New Jersey, Michigan, and Pennsylvania. Last week Golden Nugget Online Gaming received access to Illinois via the Danville casino project which will be branded as a Golden Nugget property.
Said Golden Nugget owner Tillman Fertitta:
“The partnership with The Greenbrier is an important milestone for the Golden Nugget online gaming expansion plans. We look forward to providing West Virginian players with our best-in-class product.”
Meanwhile, Greenbrier President Dr. Jill Justice expressed excitement about the new partnership:
“The Greenbrier is excited about this new partnership and adding to the incredible casino offerings already in place for our guests, members and friends throughout West Virginia. Golden Nugget has proven itself as a market leader in the industry, and we’re confident it will deliver a product that matches the lofty standard that defines America’s Resort.”
Access To a 5th State
The partnership calls for Golden Nugget to pay the Greenbrier a percentage of online gaming net revenue, subject to minimum royalty payments. The Golden Nugget is the first to provide Live Casino Floor and Live Dealer products to the United States online gambling market.
Under state laws, land-based West Virginia casinos are allowed up to three skins for online sports betting and another three more for online casinos. The Golden Nugget is the Greenbrier’s third sports betting skin after FanDuel and MGM. It is also their second online casino skin after MGM.
Greenbrier Owner is WV Governor
With debts totaling $500M, the Greenbrier filed for bankruptcy in 2009 but it was saved by coal mining billlionare Jill Justice, who bought the historic luxury resort for $20M. In 2017, Justice became West Virginia governor and one year later, the U.S Supreme Court struck down the United States Professional and Amateur Sports Protection Act of 1992. That same year, West Virginia lawmakers passed legislation to allow West Virginia casinos to take sports bets.
Last year, West Virginia became the second state after New Jersey to fully legalize online casinos, including slot machines, table games, and sports betting. Gov. Justice allowed the legislation to become a law without his signature. Today, the Greenbrier has 320 slot machines and 37 table games. The venue also has a physical FanDuel sportsbook.