New DraftKings Sportsbook, Set to Launch on Golden Nugget Lake Charles

Sports Betting Louisiana » DraftKings Sportsbook Set to Launch on Golden Nugget Lake Charles

On Thursday, September 1, 2022, the Golden Nugget Lake Charles will become the first casino in Louisiana to offer a retail DraftKings Sportsbook.

This is great news for sports fans in the state, who will now have another option for placing bets on their favorite teams. Both companies have been preparing for this launch for months, and they are excited to offer their guests a top-notch experience.

Largest Sportsbook in Louisiana

The 12,000 square feet retail DraftKings Sportsbook will be the largest in Louisiana and is expected to offer a top-notch sports betting experience.

“The retail DraftKings Sportsbook will offer a premier sports betting experience across more than 12,000 square feet, including over 3,200 square feet of LED TV screens to enjoy live games; approximately 300 lounge seats including VIP areas for comfortable viewing,” as per the press release issued by DraftKings and Golden Nugget.

In addition, it will also have 30 self-service sports wagering kiosks around the venue. The property also has 16 video poker machines, three blackjack tables, and Five ticket windows.

“The DraftKings Sportsbook will also offer a full-service restaurant, the DraftKings Sportsbook Bar & Grill, with a variety of dining options during breakfast, lunch, and dinner, including a ‘quick grab’ menu,” according to the statement.

“The restaurant will serve popular game day favorites from burgers to wings and a variety of items in between, as well as a wide selection of beer, cocktails, and frozen drinks at its full-service bar.”

More about DraftKings-Golden Nugget Partnership

The Relationship between the two companies started when Draftkings acquired Tilman Fertitta’s Golden Nugget Online Gaming (GNOG) last May. As a background, the Sportsbook operator initiated a $1.56 billion offer to buy all of the stocks of GNOG last August.

GNOG’s stocks are currently trading at $12 at that time and almost doubled a few weeks after the announcement. However, digital gaming stocks weakened and GNOG shares closed at $5.78 on its last trading day.

The recent and potential moves of Draftkings may be objectively traced as it aims to Operate in Nevada. Golden Nugget owns a total of 5 retail casinos around the US. Aside from the Lake Charles casino-hotel, it also had operations in two Nevada locations and one a piece in New Jersey and Mississippi.

The acquisition of GNOG and Draftkings Lousiana launch may be just an initial step that will pave the way for the top-tier sportsbook to enter the Nevada market through Golden Nugget’s operations in Las Vegas and Laughlin.

Louisiana Sports Betting

Louisiana has been a competitive sports wagering market since retail sportsbooks launched in 2021 and online sportsbooks go live in January 2022.

It’s also home to two major professional sports teams – the New Orleans Saints of the NFL and the New Orleans Pelicans of the NBA – as well as a robust college sports scene. Moreover, NAHL’s Mudbugs homecourt resides in Shreveport. This combination of factors makes Louisiana an appealing destination for sports bettors.

In addition to the wide variety of betting options that will be available, Louisiana will also offer competitive odds and lines. The state’s gaming laws are designed to create a level playing field for both bettors and operators, so casinos and sportsbooks will be offering competitive odds to attract customers.