Betting website DraftKings buys Golden Nugget Online

LAS VEGAS (AP) — Sports betting website DraftKings Inc. is buying the online gambling subsidiary of Golden Nugget Inc. in a stock deal valued at $1.56 billion, the two companies said Monday.
The acquisition of Golden Nugget Online Gaming gives Boston-based DraftKings a well-known brand in the casino and gambling world, and adds more than 5 million customers to DraftKings iGaming accounts, a statement from the companies said.
“Our acquisition of Golden Nugget Online Gaming, a brand sy