secwatch.observer — SEC 8-K summary
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Issuer:     NEW ROYAL HOLDCO I INC. (GDEN)
CIK:        0001071255
Form:       8-K
Filed at:   2022-08-25T23:59:59+00:00
Accession:  0001071255-22-000076
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071255/000107125522000076/0001071255-22-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071255/000107125522000076/gden-20220824.htm
  HTML page:      https://secwatch.observer/filing/0001071255-22-000076

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer