Why Golden Nugget Online Gaming Won Big Today
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Golden Nugget Online Casino's shares closed up by almost 11% on Thursday.
B. Riley initiated coverage on Golden Nugget stock with an unequivocal buy rating at a price target of $27 per share.
Golden Nugget Online Gaming won big today. David Bain believes the company's focus on casino play makes it a better investment than the online sports-wagering operators that are currently popular, such as DraftKings.
GNOG has sustained iGaming market share in New Jersey.
Golden Nugget's potential market size is set to triple by the end of next year. More states are legalizing online gambling.