---
schema_version: "secwatch.filing_event.v1"
accession: "0001071255-24-000011"
form_type: "8-K"
ticker: "GDEN"
cik: "0001071255"
company_name: "NEW ROYAL HOLDCO I INC."
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T06:07:15.310206+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Golden Entertainment Q4 revenue $230.7M, net loss $9.4M; initiates $0.25 quarterly dividend

## Summary
- Q4 revenue $230.7M (down from $279.7M YoY); net loss $9.4M ($0.33/sh) vs net income $11.1M prior year; Adj EBITDA $48.8M.
- Full year 2023 net income $255.8M ($8.31/sh) includes $303.2M gain on divestitures; Adj EBITDA $222.5M vs $267.1M.
- Completed sale of Nevada distributed gaming in Jan 2024 for $213.5M; combined with prior sales total proceeds >$600M.
- Repaid $238.6M of debt in 2023, including $59M in Q4; no borrowings on $240M revolver.
- Initiated recurring quarterly cash dividend of $0.25/sh, first payable April 4, 2024 to holders of record March 18.

## SEC filing metadata
- accession: 0001071255-24-000011
- form_type: 8-K
- ticker: GDEN
- cik: 0001071255
- company_name: NEW ROYAL HOLDCO I INC.
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1071255/000107125524000011/0001071255-24-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1071255/000107125524000011/gden-20240229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001071255-24-000011
- JSON: https://secwatch.observer/filing/0001071255-24-000011.json
- Plain text: https://secwatch.observer/filing/0001071255-24-000011.txt

## Key facts
- Earnings Releases
  NEW ROYAL HOLDCO I INC. reported the year ended December 31, 2023 results: revenue $1.1 billion, net income net income of $255.8 million, EPS $8.31 per fully diluted share.
  - Period: the year ended December 31, 2023
  - Revenue: $1.1 billion
  - Net income: net income of $255.8 million
  - EPS: $8.31 per fully diluted share
  - Result: reported results
  source text: For both the full year 2023 and 2022, revenues were $1.1 billion. Net income for the full year 2023 was $255.8 million, or $8.31 per fully diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1071255/000107125524000011/0001071255-24-000011-index.htm
- Earnings Releases
  NEW ROYAL HOLDCO I INC. reported the quarter ended December 31, 2023 results: revenue $230.7 million, net income net loss of $9.4 million, EPS loss of $0.33 per share.
  - Period: the quarter ended December 31, 2023
  - Revenue: $230.7 million
  - Net income: net loss of $9.4 million
  - EPS: loss of $0.33 per share
  - Result: reported results
  source text: Fourth quarter 2023 revenues were $230.7 million, compared to $279.7 million for the fourth quarter of 2022. Net loss for the fourth quarter of 2023 was $9.4 million, or a loss of $0.33 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1071255/000107125524000011/0001071255-24-000011-index.htm

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