---
schema_version: "secwatch.filing_event.v1"
accession: "0001071255-23-000076"
form_type: "8-K"
ticker: "GDEN"
cik: "0001071255"
company_name: "NEW ROYAL HOLDCO I INC."
filed_at: "2023-07-28T23:59:59+00:00"
generated_at: "2026-06-12T22:48:13.535847+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Golden Entertainment completes sale of Rocky Gap Casino Resort for $260M; uses $175M to repay debt

## Summary
- Century Casinos paid ~$56.1M for operations; VICI paid ~$203.9M for land and buildings.
- $175M of proceeds used to fully repay term loan B facility; $400M term loan B-1 and $240M revolver remain.
- Pro forma shows FY2022 revenue reduction of ~$78M and annual interest expense savings of ~$8.6M.
- Macquarie Capital acted as exclusive financial advisor; Latham & Watkins and Duane Morris acted as legal counsel.

## SEC filing metadata
- accession: 0001071255-23-000076
- form_type: 8-K
- ticker: GDEN
- cik: 0001071255
- company_name: NEW ROYAL HOLDCO I INC.
- filed_at: 2023-07-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1071255/000107125523000076/0001071255-23-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1071255/000107125523000076/gden-20230725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001071255-23-000076
- JSON: https://secwatch.observer/filing/0001071255-23-000076.json
- Plain text: https://secwatch.observer/filing/0001071255-23-000076.txt

## Key facts
- M&A Transactions
  NEW ROYAL HOLDCO I INC. completed a disposition involving Century Casinos, Inc. and VICI Properties, L.P. for $260 million (closed 2023-07-25).
  - Action: disposition
  - Counterparty: Century Casinos, Inc. and VICI Properties, L.P.
  - Consideration: $260 million
  - Closing: 2023-07-25
  source text: On July 25, 2023, Golden Entertainment, Inc. (the “Company”) completed the sale of the Rocky Gap Casino Resort (“Rocky Gap”) to Century Casinos, Inc. (“Century”) and VICI Properties, L.P. (“VICI”), an affiliate of VICI Properties Inc., for aggregate cash consideration of $260 million, subject to adjustments, pursuant to the previously announced Equity Purchase Agreement with Century and VICI, and Real Estate Purchase Agreement with VICI (collectively, the “Purchase Agreements”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1071255/000107125523000076/0001071255-23-000076-index.htm

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