Golden Entertainment sells Rocky Gap Casino Resort for $260M to Century Casinos and VICI

NEW ROYAL HOLDCO I INC.

Century Casinos acquires operations for $56.1M; VICI Properties acquires real estate for $203.9M.
Aggregate consideration represents ~10x trailing twelve-month Adjusted Property EBITDA through June 30, 2022.
Transaction expected to close mid-2023, subject to regulatory approvals and customary conditions.
CEO Blake Sartini says sale provides financial flexibility to focus on core markets and create shareholder value.

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