secwatch.observer — SEC 8-K summary
======================================

Issuer:     NEW ROYAL HOLDCO I INC. (GDEN)
CIK:        0001071255
Form:       8-K
Filed at:   2023-07-31T23:59:59+00:00
Accession:  0001071255-23-000081
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071255/000107125523000081/0001071255-23-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071255/000107125523000081/gden-20230731.htm
  HTML page:      https://secwatch.observer/filing/0001071255-23-000081

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