Highest-materiality recent filing
Golden Entertainment completes sale to VICI/Argento; shareholders get $2.75 cash + 0.902 VICI shares
On April 30, 2026, Golden Entertainment (GDEN) consummated its separation and sale under the Nov 6, 2025 Master Transaction Agreement.
Golden Entertainment expects M&A closing on April 30, 2026; declares $2.75/shr special dividend
All required Gaming and Liquor Approvals for the MTA with Argento/VICI have been obtained; closing now expected on or about April 30, 2026.
Shareholders approved MTA with Blake Sartini and VICI Properties: 20,430,245 votes for, 208,131 against.
Golden Entertainment Q4 net loss $0.33/sh; revenue down 5.2%; pending sale to CEO/VICI
Q4 revenue $155.6M, down from $164.2M YoY; net loss $8.5M vs net income $3.0M.
Golden Entertainment shareholders to receive $2.75 per share cash plus 0.902 VICI Properties shares per share held.
Total consideration valued at $30.00 per share, a 41% premium to GDEN's Nov 5 close.
Q3 revenue $154.8M (down 4% vs $161.2M Q3 2024); net loss $4.7M vs net income $5.2M.
Golden Entertainment Q1 revenue falls to $160.8M; net income $2.5M vs $42.0M
Revenue $160.8M, down from $174.0M YoY; Adjusted EBITDA $37.6M vs $41.0M.
Golden Entertainment Q4 revenues $164.2M, net income $0.10 EPS; declares $0.25 dividend
Q4 revenues $164.2M (down from $230.7M YoY); net income $3.0M ($0.10 EPS) vs net loss $9.4M in Q4 2023.
Q3 revenue $161.2M, down from $257.7M YoY due to 2023 asset sales; Adj. EBITDA $34.0M vs $53.2M.
Golden Entertainment Q2 revenue $167.3M, net income $0.6M; declares $0.25 dividend
Revenue $167.3M (down from $286.7M) mainly due to sold Rocky Gap Casino Resort and distributed gaming operations.
Interest margin on Term SOFR loans cut to 2.25% (from prior rate); ABR loans now 1.25%.
Golden Entertainment Q1 revenue $174M, net income $42M, declares $0.25 dividend
Revenue $174.0M vs $278.1M YoY; Adjusted EBITDA $41.0M vs $62.2M YoY, declines from asset sales.
Golden Entertainment redeems $287M of 7.625% Senior Notes due 2026
Redeemed all $287M (principal + interest) of 7.625% Senior Unsecured Notes due 2026 on April 15, 2024.
Blake Sartini II, age 38, named EVP & COO effective March 20, 2024, after nearly 17 years at company.
Golden Entertainment Q4 revenue $230.7M, net loss $9.4M; initiates $0.25 quarterly dividend
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.
Golden completes Nevada distributed gaming sale for ~$213.5M cash plus $37.5M purchased cash
Sale of Nevada distributed gaming ops to J&J Ventures Gaming closed Jan 10, 2024 for ~$213.5M plus ~$37.5M purchased cash.
Golden Entertainment Q3 revenue $257.7M, net income $241.2M from asset sales; special dividend paid
Revenue $257.7M vs $279.0M YoY, down 8% due to divestitures of Rocky Gap and Montana gaming.
Golden Entertainment completes sale of Montana distributed gaming for ~$109M
Sale closed on Sep 13, 2023 for aggregate cash consideration of ~$109M, subject to adjustments, plus ~$5M purchased cash.
Q2 revenue $286.7M (-1% YoY); net income $12.3M ($0.40 diluted EPS) vs $21.2M ($0.67) in Q2 2022.
Golden Entertainment completes sale of Rocky Gap Casino Resort for $260M; uses $175M to repay debt
Century Casinos paid ~$56.1M for operations; VICI paid ~$203.9M for land and buildings.
Golden Entertainment closes $400M term B-1 loan, extends revolver maturity to 2028
Entered Second Amendment to First Lien Credit Agreement on May 26, 2023.
Q1 revenue $278.1M (+2% YoY); net income $11.6M ($0.38 diluted EPS) vs $36.1M ($1.12) in Q1 2022.
Aggregate cash consideration $322.5M plus estimated $39M purchased cash; total ~$361.5M.
Golden Entertainment Q4 revenue $279.7M, net income $11.1M; full-year Adj. EBITDA $267.1M
Q4 2022 revenue $279.7M (-1% YoY); net income $11.1M ($0.35 diluted EPS) vs $19.1M ($0.59) in Q4 2021.
Golden Entertainment Q3 revenue $279M, net income $14M; sells Rocky Gap for $260M
Revenue $279.0M (-1% YoY); net income $14.0M ($0.45 diluted EPS) vs $29.1M ($0.91) prior year; Adj. EBITDA $61.1M (-17% YoY).
Golden Entertainment sells Rocky Gap Casino Resort for $260M to Century Casinos and VICI
Century Casinos acquires operations for $56.1M; VICI Properties acquires real estate for $203.9M.
Golden Entertainment Q2 revenue $289.4M, EPS $0.67; Adj EBITDA $75.0M down 18% YoY
Revenue $289.4M (-1% YoY); net income $21.2M ($0.67 diluted) vs $103.0M ($3.26) which included $60M gain.
Revenue $273.6M (+14% YoY), net income $36.1M ($1.12 diluted EPS) vs $10.6M ($0.35) YoY.
Golden Entertainment Q4 2021 revenue $282M, net income $19.1M; annual revenue hits $1.1B record
Q4 2021 revenue $282.0M (+37% YoY); net income $19.1M ($0.59 diluted EPS) vs. net loss $18.5M in Q4 2020.
Record Q3 revenue $282.4M; net income $29.1M; debt repayment and buyback
Revenue $282.4M vs $205.4M in Q3 2020; net income $0.91 diluted EPS vs loss ($0.25).
Golden Entertainment Q2 2021: record revenue $292M, net income $103M, Adj. EBITDA $91M
Revenue $292.5M vs $76.0M YoY; net income $103.0M ($3.26 diluted EPS) vs net loss $78.6M.
Effective as of the Transition Date, the Company has appointed Viktoryia G. Pulliam as the Company’s Senior Vice President and Chief Accounting Officer.
On March 14, 2025, Mr. Thomas E. Haas, age 64, who has served as Golden Entertainment, Inc.’s (the “Company”) Senior Vice President and Chief Accounting Officer since March 2020, informed the Company of his decision to retire effective March 21, 2025 (the “Transition Date”).
On May 13, 2024, Mr. Anthony A. Marnell III, who has been a director of Golden Entertainment, Inc. (the “Company”) since 2019, informed the Company of his decision to resign from the Company’s Board of Directors (the “Board”).
Stephen A. Arcana, age 59, ceased serving as the Company’s Executive Vice President and Chief Operating Officer and was appointed as the Company’s Chief Development Officer.
Blake L. Sartini II, age 38, was appointed as the Company’s Executive Vice President and Chief Operating Officer.
Effective April 11, 2022, the Board of Directors (the “Board”) of Golden Entertainment, Inc. (the “Company”) appointed Andy H. Chien as a director of the Board
On August 20, 2021, Lyle A. Berman, a director on the Board of Directors (the “Board”) of Golden Entertainment, Inc. (the “Company”), notified the Company that he intends to retire from the Board effective immediately.
On August 6, 2021, Robert L. Miodunski, a director on the Board of Directors (the “Board”) of Golden Entertainment, Inc. (the “Company”), notified the Company that he intends to retire from the Board effective immediately.
Max materiality 0.95 · Median 0.68 · Most common event earnings