secwatch.observer — SEC 8-K summary
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Issuer:     NEW ROYAL HOLDCO I INC. (GDEN)
CIK:        0001071255
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001071255-22-000083
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071255/000107125522000083/0001071255-22-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071255/000107125522000083/gden-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001071255-22-000083

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