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Landcadia Holdings II Inc (LCA)

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Last Post: 12/1/2020 1:56:00 PM - Followers: 62 - Board type: Free - Posts Today: 2

 









 
Shs Outstand 31.63M
Shs Float 1.45M
Short Float 33.71%
Inst Own 53.69%
 
LT Debt/Eq          NO DEBT -
 

HOUSTON, Aug. 18, 2020 /PRNewswire/ -- Golden Nugget Online Gaming, Inc. ("GNOG" or the "Company") reported selected financial results for the second quarter of 2020.
For the three months ended June 30, 2020, GNOG reported the following for its New Jersey operations:

  • Gross Gaming Revenues of $28.2 million, compared to $15.3 million during the same period in 2019, an increase of 85%,
    Net Revenue of $24.8 million compared to $13.9 million during the same period in 2019, an increase of 78%,
    Operating Income of $8.5 million versus $4.9 in the second quarter of 2019, a 74% increase.

"We are pleased with the continued strong revenue growth in New Jersey and our ongoing profitability." said Tilman J. Fertitta, GNOG's owner.

 

Thomas Winter, Senior Vice President and General Manager of GNOG stated, "Our second quarter beat our target, supported by record players activity and Average Revenue per User (ARPU).
Our online play has remained strong in July and into August, and we are confident that we will exceed our revenue and operating income forecast in New Jersey this year.
We look forward to expanding our operations to Pennsylvania and Michigan, where our licensing process is ongoing.
We are closely monitoring the legislative momentum in other states and, with the access to capital provided by the proposed transaction with Landcadia,
we will seek to expand our US online gaming business, wherever regulations provide for profitable growth opportunities."

On June 28, 2020 GNOG entered into a transaction agreement with Landcadia Holdings II, Inc. (Nasdaq: LCA), a special purpose acquisition company ("Landcadia")
whereby GNOG will become an indirect, wholly owned subsidiary of Landcadia, which will change its name to Golden Nugget Online Gaming, Inc.




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https://www.otcmarkets.com/stock/LCA/overview






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LCA News: Additional Proxy Soliciting Materials (definitive) (defa14a) 11/30/2020 07:55:41 AM
LCA News: Current Report Filing (8-k) 11/30/2020 07:53:39 AM
LCA News: Proxy Soliciting Materials (revised) (prer14a) 11/27/2020 03:35:35 PM
LCA News: Landcadia Holdings II, Inc. Obtains New Jersey Regulatory Approval 11/25/2020 04:05:00 PM
LCA News: Current Report Filing (8-k) 11/23/2020 08:26:09 AM
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#27  Sticky Note Golden Nugget Investor Presentation Golden_Cross 06/30/20 03:51:57 AM
#767   Hope it stays in this range while we Neight 12/01/20 01:56:00 PM
#766   Agreed .. meeting had to happen first .. MADDSTACKER 12/01/20 09:05:40 AM
#765   Guessing some people are upset they missed the -Kush- 11/30/20 06:09:07 PM
#764   Not sure what’s up after hours ? MADDSTACKER 11/30/20 05:08:08 PM
#763   I’m perfectly happy with the volume and taking Neight 11/30/20 04:48:31 PM
#762   No worry here I added $18.5 :) And MADDSTACKER 11/30/20 12:16:35 PM
#761   Don't worry rome wasn't built in one day. bigee 11/30/20 11:56:56 AM
#760   Half hour in and it’s been a very Neight 11/30/20 09:58:54 AM
#759   Gap filled MADDSTACKER 11/30/20 09:45:47 AM
#758   Green sky all the way. roheex 11/30/20 09:20:27 AM
#757   Morning ... looks like could get wild today MADDSTACKER 11/30/20 08:25:19 AM
#756   Sorry.......(simply sarcasm) nowwhat2 11/29/20 04:58:46 PM
#755   welcome aboard? MADDSTACKER 11/29/20 04:53:49 PM
#754   Global Leader..... https://nj-casino.goldennuggetcasino.com/ nowwhat2 11/29/20 04:04:41 PM
#753   This has been the longest weekend I can Neight 11/29/20 03:26:13 PM
#752   I'm dying ..lol what a long weekend ... MADDSTACKER 11/29/20 02:33:44 PM
#751   I think so too. Neight 11/29/20 12:43:20 AM
#750   Stay tuned, well see our vote date next -Kush- 11/28/20 10:18:31 PM
#749   Just waiting for the vote date for the Neight 11/28/20 09:35:34 PM
#748   What’s the story here? jchords 11/28/20 08:53:30 PM
#747   Is it Monday yet??? Neight 11/28/20 07:44:49 PM
#746   I'm not going sleep all weekend .... or December MADDSTACKER 11/27/20 06:35:15 PM
#745   Haha right?.... F weekends $LCA $GNOG -Kush- 11/27/20 06:03:15 PM
#744   Monday can’t come soon enough Neight 11/27/20 05:58:25 PM
#743   I grabbed some warrants last week. Everything LCA/GNOG Neight 11/27/20 12:40:51 PM
#742   Wow. My options are looking very tasty. $LCA MERCURIAL 11/27/20 12:19:07 PM
#741   Let’s get that vote date before December! Excited Neight 11/27/20 11:37:07 AM
#740   Churn and burn ... MADDSTACKER 11/27/20 10:31:40 AM
#739   Morning folks. Looking good here. roheex 11/27/20 09:43:31 AM
#738   Morning $Lca MADDSTACKER 11/27/20 09:16:30 AM
#737   That target is entirely possible. The only thing Neight 11/26/20 11:13:37 PM
#736   With new states coming online , that’s like MADDSTACKER 11/26/20 11:03:59 PM
#735   Sounds good ... but I believe I mentioned MADDSTACKER 11/26/20 10:59:38 PM
#734   Bawhahahaha .. that guy is crazy .... MADDSTACKER 11/26/20 10:58:44 PM
#733   Might jump in at 12 if she comes bacc Billydakidd 11/26/20 10:54:48 PM
#732   Mix that in with a billionaires connections = -Kush- 11/26/20 10:54:32 PM
#731   Old friend told me these plays are too Billydakidd 11/26/20 10:53:56 PM
#730   Billy .. happy thanksgiving .. Did u get in MADDSTACKER 11/26/20 10:52:01 PM
#729   I’m saying Billydakidd 11/26/20 10:48:58 PM
#728   Imagine if their new platform for sports is MADDSTACKER 11/26/20 10:44:51 PM
#727   If GNOG can hit a third of the -Kush- 11/26/20 10:26:26 PM
#726   Things are about to get interesting here.. $LCA $GNOG -Kush- 11/26/20 03:29:43 PM
#725   Turning into a multiple month play MARCH 2021 MADDSTACKER 11/26/20 01:00:44 PM
#724   New sports betting platform Q1 2021 TO COMPETE MADDSTACKER 11/26/20 01:00:02 PM
#723   Illinois >> https://www.bizjournals.com/houston/news/2020/11/19/fertitta-golden- MADDSTACKER 11/26/20 12:58:59 PM
#722   Virgina >>> https://www.bizjournals.com/houston/news/2020/11/24/golden-nugget-on MADDSTACKER 11/26/20 12:58:09 PM
#721   https://www.gamingintelligence.com/finance/manda/129664-landcadia-nears-completi MADDSTACKER 11/26/20 12:57:21 PM
#720   Landcadia Holdings II, Inc. Obtains New Jersey Regulatory Approval Golden_Cross 11/26/20 10:58:02 AM
#719   I guess their $17 target got hit lol... MADDSTACKER 11/26/20 09:50:31 AM
#718   2 Reasons LCA Is About To Pop Video Golden_Cross 11/26/20 07:04:43 AM
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