"We at Jefferies couldn't be more thrilled to partner with Tilman and bring this great opportunity to the public markets." "GNOG is one of the best positioned companies to capitalize on this massive online gaming opportunity in the US," said Rich Handler, Co-Chairman of Landcadia II and CEO of Jefferies LLC. Upon closing, Landcadia II intends to change its name to Golden Nugget Online Gaming, Inc. The transaction is expected to close in the third quarter of this year. GNOG will become only the second pure publicly traded online casino company in the US. ("GNOG"), a US online real money casino owned by Tilman Fertitta, recognized by both its peers and customers alike as the industry leading online casino that brought Live Dealer to the US market place. Landcadia II is a publicly traded special purpose acquisition company co-sponsored by Fertitta Entertainment, Inc. (NASDAQ: LCA, "Landcadia II") announced today that Landcadia II has entered into a Purchase Agreement to acquire Golden Nugget Online Gaming, Inc.
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