![]() “The Golden Nugget is a nationally recognized brand and strengthens the submission, provides additional opportunities, and upgrades the overall project. Fertitta,” said Wilmot vice president James A. “Wilmot is pleased to deliver Golden Nugget and GNOG to the City of Danville and is excited to partner with Tilman J. GNOG’s market access agreement is for a term of 20 years and requires GNOG to pay Danville Development a percentage of its online net gaming revenue, subject to minimum royalty payments over the term. In addition, GNOG has committed to provide a mezzanine loan in the amount of $30m to Danville Development for the development and construction of the casino. Under the definitive agreement, GNOG will hold the exclusive right to offer online sports wagering and, if permitted by law in the future, online casino wagering. Golden Nugget Online Gaming (GNOG) has secured access to Illinois' iGaming market through a definitive agreement with Danville Development.ĭanville Development is a joint venture between Wilmot Gaming Illinois and GN Danville, a wholly owned subsidiary of Golden Nugget, which will build a new Golden Nugget casino in the city, subject to obtaining necessary approvals. ![]()
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