---
schema_version: "secwatch.filing_event.v1"
accession: "0001071255-22-000083"
form_type: "8-K"
ticker: "GDEN"
cik: "0001071255"
company_name: "NEW ROYAL HOLDCO I INC."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T07:51:33.322848+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Golden Entertainment Q3 revenue $279M, net income $14M; sells Rocky Gap for $260M

## Summary
- Revenue $279.0M (-1% YoY); net income $14.0M ($0.45 diluted EPS) vs $29.1M ($0.91) prior year; Adj. EBITDA $61.1M (-17% YoY).
- Nevada Casino Resorts revenue $98.9M (down from $104.4M); Adj. EBITDA margin 30% vs 38%.
- Rocky Gap sale for $260M: Century Casinos acquires ops ($56.1M), VICI Properties land ($203.9M); close Q2 2023.
- Repaid $25M term loan; total debt $940.2M; cash & equivalents $177.7M; no revolver borrowings.
- Share repurchase authorization increased to $75M on Nov 1, 2022 (had $27.5M remaining).

## SEC filing metadata
- accession: 0001071255-22-000083
- form_type: 8-K
- ticker: GDEN
- cik: 0001071255
- company_name: NEW ROYAL HOLDCO I INC.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1071255/000107125522000083/0001071255-22-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1071255/000107125522000083/gden-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001071255-22-000083
- JSON: https://secwatch.observer/filing/0001071255-22-000083.json
- Plain text: https://secwatch.observer/filing/0001071255-22-000083.txt

## Key facts
- Earnings Releases
  NEW ROYAL HOLDCO I INC. reported financial results for three and nine months ended September 30, 2022.
  - Period: three and nine months ended September 30, 2022
  - Result: reported results
  source text: On November 3, 2022, Golden Entertainment, Inc. issued a press release announcing its financial results for the three and nine months ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1071255/000107125522000083/0001071255-22-000083-index.htm
- Earnings Releases
  NEW ROYAL HOLDCO I INC. reported third quarter ended September 30, 2022 results: revenue $279.0 million, net income $14.0 million, EPS $0.45 per fully diluted share.
  - Period: third quarter ended September 30, 2022
  - Revenue: $279.0 million
  - Net income: $14.0 million
  - EPS: $0.45 per fully diluted share
  - Result: reported results
  source text: Third quarter revenue of $279.0 million, net income of $14.0 million and Adjusted EBITDA of $61.1 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1071255/000107125522000083/0001071255-22-000083-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.