Winter praised DraftKings for understanding \u201cthe benefits of a multi-brand strategy and trusted GNOG was the right addition to deliver on it.\u201d<\/p>\n
Before founding Golden Nugget Online, Winter was chief executive officer and director at Betclic and Expekt, two European eGaming entities under the Betclic-Everest Group umbrella.<\/p>\n
Perhaps owing to a dearth of credible iGaming talent, some industry observers view Winter\u2019s departure as a loss for DraftKings. Gaming entrepreneur and investor Chris Grove said on X (formerly Twitter). \u201cThe subtraction of Winter leaves DraftKings with an outsized hole to fill.\u201d<\/p>\n
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Grove added that DraftKings\u2019 \u201cimpressive online casino success is a mix of GNOG’s legacy and DK’s own prowess with the product (which is also substantial). But bringing Thomas and his team into DK’s online casino operations was a clear case of a whole with more potential than the sum of its parts.\u201d<\/p>\n<\/div>\n
Still, there\u2019s optimism for iGaming at large. Analysts and operators are enthusiastic about the outlook for internet casinos because there\u2019s a long runway for state-level legalization (it\u2019s currently permitted in just a handful of states). It\u2019s also a higher-margin business than sports betting, and bettors are often stickier and spend more money than they do on sports wagering.<\/p>\n","protected":false},"excerpt":{"rendered":"
Eighteen months after DraftKings (NASDAQ: DKNG) acquired the company he started, Golden Nugget Online Gaming (GNOG) founder Thomas Winter is leaving the gaming operator. Winter founded GNOG a decade ago, overseeing its rise from a privately held bit player in New Jersey to a publicly traded titan in the state\u2019s online gaming industry and eventual […]<\/p>\n","protected":false},"author":46,"featured_media":292465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33810,19],"tags":[81898,81871],"acf":[],"yoast_head":"\n
GNOG Founder Thomas Winter Leaves DraftKings<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n