Golden Nugget Online Gaming is a holding company. Through its subsidiaries, Co. is an online gaming, or iGaming, and digital sports entertainment company focused on providing its customers with online gaming experience in the market. Co. operates in New Jersey, Michigan and West Virginia, where it provides patrons the ability to play their favorite casino games and bet on live-action sports events, and in Virginia, where it provides online sports betting only. The GNOG average annual return since 2019 is shown above.
The Average Annual Return on the GNOG average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether GNOG average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the GNOG average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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