The gambling market in West Virginia is set to have a new player with the news that Golden Nugget Online Gaming will soon be active in the state.
The online betting operator is building on agreements that were signed last week to enter the Illinois betting market by setting out its plans for operational expansion within West Virginia. The move into the West Virginia market has been made possible through an agreement with the Greenbrier Hotel Corporation that will give the company market access to the Mountain state.
Speaking about the partnership, the President of Golden Nugget, Thomas Winter, said that they were excited to enter this partnership with Greenbrier, which will enable them to bring their award-winning online gaming products to customers in West Virginia.
The development will mean that the company has a presence in the online casino market across four states, including New Jersey, Michigan and Pennsylvania.
The agreement with Greenbrier gives the Golden Nugget the right to provide mobile sports and online casino betting through The Greenbrier’s licenses, although final confirmation of the arrangement will be subject to the company obtaining regulatory approvals. As part of the deal, the Golden Nugget will pay The Greenbrier a percentage share of its online net gaming revenue, which will be subject to minimum royalty payments over the term of the arrangement.
Addressing the new opportunities in the state, the CEO of Golden Nugget, Tilman J Fertitta, said that it was an important milestone for the company in its ongoing expansion. The deal has also been welcomed by the President of the Greenbrier, Dr Jill Justice:
“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.”
The latest deal comes just a few days after the company announced a pair of new agreements with Danville Development and Wilmot Gaming Illinois. The deal with Danville Development will give Golden Nugget access to the Illinois market when online casino gaming is permitted. Illinois is one of the fastest growing betting markets in the US, ranking fourth in terms of gaming revenue, thanks to the legalisation of sports betting in the state earlier this year.