---
schema_version: "secwatch.filing_event.v1"
accession: "0001071255-23-000081"
form_type: "8-K"
ticker: "GDEN"
cik: "0001071255"
company_name: "NEW ROYAL HOLDCO I INC."
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T21:44:33.873025+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Golden Entertainment Q2 net income down 42% to $12.3M; declares $2.00 special dividend, increases buyback to $100M

## Summary
- Q2 revenue $286.7M (-1% YoY); net income $12.3M ($0.40 diluted EPS) vs $21.2M ($0.67) in Q2 2022.
- Adjusted EBITDA $58.4M vs $75.0M in prior-year quarter, impacted by STRAT renovations.
- Board declares $2.00 per share special dividend payable Aug 25, record Aug 11; buyback authorization upped to $100M.
- Closed Rocky Gap sale in July; used $175M proceeds to repay term loan; expects distributed gaming sale by end of 2023.
- Completed $640M debt refinancing in May; no outstanding on $240M revolver as of June 30.

## SEC filing metadata
- accession: 0001071255-23-000081
- form_type: 8-K
- ticker: GDEN
- cik: 0001071255
- company_name: NEW ROYAL HOLDCO I INC.
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1071255/000107125523000081/0001071255-23-000081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1071255/000107125523000081/gden-20230731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001071255-23-000081
- JSON: https://secwatch.observer/filing/0001071255-23-000081.json
- Plain text: https://secwatch.observer/filing/0001071255-23-000081.txt

## Key facts
- Earnings Releases
  NEW ROYAL HOLDCO I INC. reported second quarter ended June 30, 2023 results: revenue $286.7 million, net income $12.3 million, EPS $0.40 per fully diluted share.
  - Period: second quarter ended June 30, 2023
  - Revenue: $286.7 million
  - Net income: $12.3 million
  - EPS: $0.40 per fully diluted share
  - Result: reported results
  source text: GOLDEN ENTERTAINMENT REPORTS 2023 SECOND QUARTER RESULTS; DECLARES SPECIAL CASH DIVIDEND OF $2.00 PER SHARE – Second quarter revenue of $286.7 million, net income of $12.3 million and Adjusted EBITDA of $58.4 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1071255/000107125523000081/0001071255-23-000081-index.htm

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