Is Golden Nugget Online Casino Legit
Built in 1948, the Golden Nugget is one of the “grand dames” of downtown Las Vegas. It occupies a prime piece of real estate near the head of Fremont Street and still draws a classy clientele. Roaring 21 casino no deposit bonus momma bonus. Part of the attraction is the Golden Nugget’s 55,845-square-foot gaming space, which features 96 gaming tables. Of those, 52 tables are dedicated wholly to the game of blackjack.
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Golden Nugget Casino is a reputable venue that simply reflected its top notch quality onto their digital operations, so here before you is one of the best online casinos in New Jersey, and we truly believe you will have a great time placing your bets there. Golden Nugget’s online casino is currently legal in NJ and MI. Here’s a breakdown of how the site operates in each state, and when we can expect more. Golden Nugget NJ: The state of New Jersey legalized online casinos in February 2013.
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Golden Nugget Tables & Games
There are plenty of blackjack variations offered at the Golden Nugget. The rules summary states, “On some games, the dealer must hit on a ‘soft’ 17,” but that should probably be updated to read “on all games with minimum stakes under $100.” Whether the game is double-deck or six-deck, if the table stakes start at $10, $25 or $50, the dealers hit on soft 17. The version with the lowest House edge at 0.45% is the $25~$5,000 double-deck game. Unlike the $10~$2,500 double-deck one, it allows doubling down after splitting (DAS).
All games with minimums under $50, including six-deck games dealt from a shoe, prohibit surrender and re-splitting of Aces (RSA). However, the $50~$2,500 six-deck table has both surrender and RSA for a House edge of 0.48%. Reports of a six-deck game with DAS, RSA and surrender, where the dealer stands on soft 17, could not be confirmed, unless they were referencing the $5 tables that have 6:5 payouts on natural blackjacks. All in all, seven other downtown casinos have been ranked better than the Golden Nugget in terms of average House edge at the blackjack tables.
The Golden Nugget has a small high-limit area featuring a couple of blackjack tables with stakes of $25~$5,000. Other blackjack variations in the pit area include Free Bet Blackjack for $10~$1,000, single-deck “Super Fun 21” and a number of tables offering a “Wild Aces” side bet, whereby players receiving an Ace as their first card may wager $5~$100 on the next card having a face value of 10 for a payout of 2:1.
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What’s Different
Despite several changes in ownership over the years, the Golden Nugget has remained a traditional “old school” casino, focused on catering to sightseeing tourists and a cadre of loyal locals. (It’s tiny) (The lack of a) high-limit area is indicative of the focus on mainstream players, as is its choice of headliners for its showroom, mainly C&W stalwarts like Willie Nelson, Gretchen Wilson and Merle Haggard, among others. One of its most popular promotional tools over the years has been the “Golden Values Coupon Book.” Available upon request to staying guests, it’s a sizeable catalog of special discounts valued at $250 in dining, entertainment, retail and other resort offers. Of course, blackjack players will want to be sure to take advantage of the book’s Match Play Coupon worth $10.
24 Karat for Frequent Blackjack Players
The Golden Nugget’s player’s club is called 24 Karat. Membership is free and applies to all Golden Nugget properties, including Laughlin, Biloxi and Atlantic City. Upon signing up, new members are given the opportunity to “Spin & Win” for $5, $100 or $1,000 in Free Slot Play. Thereafter, they can earn cash, room nights, meals, show tickets and more whenever they play slot or table games. It’s also possible to qualify for VIP service and be invited to exclusive events and tournaments, too.
Every dollar wagered counts toward benefits, but blackjack players are reminded that “the extension of complimentaries is based on rated play (and) the Golden Nugget’s policy is to rate all table players wagering $25 or more each bet.” Rewards depend upon time at the table and average amount bet. One new reward introduced recently is “Play ‘Til You Lose” promotional chips that allow players to bet on blackjack and, if the bet wins, continue playing the promo chips like live money until they lose.
The Inside View
For many years now, the Golden Nugget has quietly been rewarding its blackjack players with invitations to seasonal tournaments, typically offering $100,000 in prize money up for grabs. The entry fee is usually $500, the grand prize is $50,000 and the top 26 finishers all end up in the money, with consolation awards ranging from $500 to $15,000. There are also bonus drawings for special prizes such as watches or promo chips. The events have themes like “Bada Bing,” “Super Hero” or “Flashback.” Special room rates are offered to participants, along with three days of activities, from a welcome reception to raffles and complimentary Continental breakfasts.
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The New Jersey Casino Control Commission last week granted a casino license to Golden Nugget Online Gaming LLC, and approved the internet casino subsidiary’s request to merge with a purpose acquisition company to become a public company traded on the Nasdaq exchange.
The move was approved at a special meeting of the commission the day before Thanksgiving, requested by Golden Nugget casino owner Tilman Fertitta. Federal regulators must still sign off on the deal.
The approval comes as Golden Nugget Atlantic City continues to be the market leaders in online gambling in New Jersey. In 2019, Golden Nugget reported more than $177 million in online gaming revenue. The land-based casino only generated $22 million more than online for the entire year. Through the first 10 months of 2020, Golden Nugget has won more than $263 million from online gaming.
The license granted to GNOC makes the entity an internet gaming affiliate of Golden Nugget casino. The entity itself will merge with publicly traded Landcadia Holdings II Inc., a “blank check” acquisition company established by Fertitta that currently trades under the symbol LCA. After the merger, the new public company would trade under the symbol GNOC.
At the special meeting, Golden Nugget Vice President and Treasurer Richard Liem testified that the merger would allow Golden Nugget Online, New Jersey’s top online gaming site, to access capital to enable it to compete with larger operators in the expanding U.S. iGaming market.
“You need to have adequate access to capital to be able to grow and compete effectively in this nascent and very quickly growing industry,” Liem said, according to the Press of Atlantic City.
A representative of the state Division of Gaming Enforcement, Dylan Thompson, expressed concerns at the hearing that the deal could hurt Golden Nugget Atlantic City, which has benefited greatly from the iGaming revenue boost.
“The transaction would deprive (the casino) of the much-needed cash flow from internet gaming on a permanent basis,” Thompson said.
Because of this CCC Chairman James Plousis recommended conditions be added to the merger agreement to protect the land-based casino’s revenues.
“While there may continue to be variations in Golden Nugget’s online gaming versus land-based gaming revenue, particularly as the industry as a whole works to recover from the impact of Covid-19, I am satisfied with the petitioners’ assurances that they are committed to Golden Nugget Atlantic City’s ongoing financial stability,” Plousis said, according to the Press. “I am convinced that Mr. Fertitta will protect Golden Nugget’s brand of excellence and elegance, and will do so by supporting, maintaining and ultimately growing the Atlantic City casino hotel facility.”
Bovada casino no deposit bonus codes sept 2018. In related news, Golden Nugget Online Gaming entered into a definitive agreement with Danville Development on November 19 to provide online sports wagering and iGaming in Illinois when it becomes legal.
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Golden Nugget also agreed to a joint venture with Wilmot Gaming Illinois to build a new casino in Danville, Illinois, pending regulatory approvals. The casino, when opened, will be branded Golden Nugget. Danville Development is a joint venture between Wilmot and GN Danville, LLC, a wholly owned subsidiary of Golden Nugget.
In addition to the online component, GNOG will provide a mezzanine loan in the amount of $30 million to Danville Development for development of the casino. The 20-year agreement required GNOG to pay Danville Development a percentage of its online net gaming revenue, subject to minimum royalty payments over the term.
“The Golden Nugget is a nationally recognized brand and strengthens the submission, provides additional opportunities, and upgrades the overall project,” said James A. Wilmot, vice president of Wilmot.
This marks the Golden Nugget’s first joint venture on a casino project, Fertitta said. “We are honored to be the one selected amongst numerous bidders for this opportunity by the Wilmot family after a highly competitive process.”
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Golden Nugget Online Gaming also struck a deal November 23 with Greenbrier Hotel Corporation in West Virginia for the right to offer mobile sports and online casino wagering under the Greenbrier’s licenses, again subject to regulatory approvals. As with Danville, GNOG will pay the Greenbrier a percentage of its online net gaming revenue, subject to minimum royalty payments over the term.
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“The partnership with the Greenbrier is an important milestone for Golden Nugget Online Gaming expansion plans,” Fertitta said.
Greenbrier President Dr. Jill Justice said Golden Nugget has proven itself as a market leader in the industry. “We’re confident it will deliver a product that matches the standard that defines ‘America’s Resort,’” Justice said.