---
schema_version: "secwatch.filing_event.v1"
accession: "0001071255-24-000006"
form_type: "8-K"
ticker: "GDEN"
cik: "0001071255"
company_name: "NEW ROYAL HOLDCO I INC."
filed_at: "2024-01-10T23:59:59+00:00"
generated_at: "2026-06-07T00:50:00.842692+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Golden completes Nevada distributed gaming sale for ~$213.5M cash plus $37.5M purchased cash

## Summary
- Sale of Nevada distributed gaming ops to J&J Ventures Gaming closed Jan 10, 2024 for ~$213.5M plus ~$37.5M purchased cash.
- Earlier Montana distributed gaming ops sold to J&J on Sep 13, 2023 for ~$109M; combined with prior Rocky Gap sale for $260M.
- Total divestiture proceeds used to repay $175M term loan B; pro forma cash rises to $501M as of Sep 30, 2023.
- Pro forma net income for 9M 2023 is $3.5M vs $265.1M as reported, reflecting removal of divested ops and gains.
- Company retains branded Nevada tavern locations; records rental income from sub-lease to J&J Nevada.

## SEC filing metadata
- accession: 0001071255-24-000006
- form_type: 8-K
- ticker: GDEN
- cik: 0001071255
- company_name: NEW ROYAL HOLDCO I INC.
- filed_at: 2024-01-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1071255/000107125524000006/0001071255-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1071255/000107125524000006/gden-20240110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001071255-24-000006
- JSON: https://secwatch.observer/filing/0001071255-24-000006.json
- Plain text: https://secwatch.observer/filing/0001071255-24-000006.txt

## Key facts
- M&A Transactions
  NEW ROYAL HOLDCO I INC. completed a disposition involving J&J Ventures Gaming of Nevada, LLC for $213.5 million (closed 2024-01-10).
  - Action: disposition
  - Counterparty: J&J Ventures Gaming of Nevada, LLC
  - Consideration: $213.5 million
  - Closing: 2024-01-10
  source text: On January 10, 2024, Golden Entertainment, Inc. (the “Company”) completed the sale of its distributed gaming operations in Nevada to J&J Ventures Gaming of Nevada, LLC (“J&J Nevada”) for cash consideration of $213.5 million, subject to adjustments, pursuant to the previously announced Membership Interest Purchase Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1071255/000107125524000006/0001071255-24-000006-index.htm

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