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Articles from Golden Entertainment, Inc.

Golden Entertainment Reports 2024 Third Quarter Results
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) today reported financial results for the third quarter ended September 30, 2024. The Company reported third quarter revenue of $161.2 million, net income of $5.2 million and Adjusted EBITDA of $34.0 million. In addition, on November 5, 2024, the Company’s Board of Directors authorized the Company’s recurring quarterly cash dividend of $0.25 per share of the Company’s outstanding common stock payable on January 7, 2025 to shareholders of record as of December 20, 2024. The Company’s Board of Directors also increased the Company’s share repurchase authorization by $100 million, creating $131.4 million of current availability under the Company’s share repurchase program.
By Golden Entertainment, Inc. · Via Business Wire · November 7, 2024
Golden Entertainment to Report 2024 Third Quarter Results on November 7 and Host Conference Call and Webcast
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) announced today that it will release its 2024 third quarter financial results after the market closes on Thursday, November 7, 2024, and host a conference call and simultaneous webcast at 5:00 p.m. ET (2:00 p.m. PT) that day. Both the call and webcast are open to the general public.
By Golden Entertainment, Inc. · Via Business Wire · October 16, 2024
Golden Entertainment Reports 2024 Second Quarter Results
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) today reported financial results for the second quarter ended June 30, 2024. The Company reported second quarter revenue of $167.3 million, net income of $0.6 million and Adjusted EBITDA of $41.2 million. In addition, on August 6, 2024, the Company’s Board of Directors authorized the Company’s third recurring quarterly cash dividend of $0.25 per share of the Company’s outstanding common stock payable on October 2, 2024 to shareholders of record as of September 17, 2024.
By Golden Entertainment, Inc. · Via Business Wire · August 8, 2024
Golden Entertainment to Report 2024 Second Quarter Results on August 8 and Host Conference Call and Webcast
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) announced today that it will release its 2024 second quarter financial results after the market closes on Thursday, August 8, 2024, and host a conference call and simultaneous webcast at 5:00 p.m. ET (2:00 p.m. PT) that day. Both the call and webcast are open to the general public.
By Golden Entertainment, Inc. · Via Business Wire · July 18, 2024
Golden Entertainment Announces Repricing of Term Loan
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) today announced it has repriced and allocated its existing term loan credit facility due 2030 (the “Term Loan Facility”). The repricing amendment, which is subject to execution of definitive documentation and customary closing conditions, will reduce the applicable margin under the Term Loan Facility by 50 basis points, such that base rate loans and SOFR loans will bear interest at the applicable base rate plus 1.25% and 2.25%, respectively. In addition, the repricing amendment will eliminate the Term SOFR Adjustment of 10 basis points with respect to loans under the Term Loan Facility, for a total interest rate reduction of 60 basis points.
By Golden Entertainment, Inc. · Via Business Wire · May 23, 2024
Golden Entertainment Reports 2024 First Quarter Results
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) today reported financial results for the first quarter ended March 31, 2024. In the quarter, the Company reported first quarter revenue of $174.0 million, net income of $42.0 million and Adjusted EBITDA of $41.0 million. In addition, on May 2, 2024, the Company’s Board of Directors declared the Company’s recurring quarterly cash dividend of $0.25 per share of the Company’s outstanding common stock, which is payable on July 2, 2024 to shareholders of record as of June 14, 2024.
By Golden Entertainment, Inc. · Via Business Wire · May 8, 2024
Golden Entertainment to Report 2024 First Quarter Results on May 8 and Host Conference Call and Webcast
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) announced today that it will release its 2024 first quarter financial results after the market closes on Wednesday, May 8, 2024, and host a conference call and simultaneous webcast at 5:00 p.m. ET (2:00 p.m. PT) that day. Both the call and webcast are open to the general public.
By Golden Entertainment, Inc. · Via Business Wire · April 19, 2024
Golden Entertainment Announces Leadership Changes
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden” or the “Company”) today announced that effective March 20, 2024, Blake Sartini II, Golden’s Executive Vice President of Operations, became the Company’s Chief Operating Officer.
By Golden Entertainment, Inc. · Via Business Wire · March 25, 2024
Golden Entertainment Reports 2023 Fourth Quarter and Full Year 2023 Results
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) today reported financial results for the fourth quarter and full year ended December 31, 2023. In addition, on February 27, 2024, the Company’s Board of Directors declared a recurring quarterly cash dividend of $0.25 per share of the Company’s outstanding common stock, the first of which is payable on April 4, 2024 to shareholders of record as of March 18, 2024.
By Golden Entertainment, Inc. · Via Business Wire · February 29, 2024
Golden Entertainment to Report 2023 Fourth Quarter and Full Year Results on February 29 and Host Conference Call and Webcast
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) announced today that it will release its 2023 fourth quarter and full year financial results after the market closes on Thursday, February 29, 2024, and host a conference call and simultaneous webcast at 5:00 p.m. ET (2:00 p.m. PT) that day. Both the call and webcast are open to the general public.
By Golden Entertainment, Inc. · Via Business Wire · February 8, 2024
Golden Entertainment Completes Sale of Nevada Distributed Gaming Operations
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) announced today that it completed the previously disclosed sale of its distributed gaming operations in Nevada (“Nevada Distributed Gaming Operations”) to an affiliate of J&J Ventures Gaming, LLC (“J&J Gaming”). Pursuant to the terms of the purchase agreement entered into among Golden Entertainment, J&J Gaming and the other parties thereto, J&J Gaming acquired Golden Entertainment’s Nevada Distributed Gaming Operations for cash consideration of approximately $213.5 million, subject to customary working capital and other adjustments, plus purchased cash (comprised of cash and cash equivalents related to such operations at the time of closing) of approximately $37.5 million. The Company previously completed the sale of its distributed gaming operations in Montana to an affiliate of J&J Gaming on September 13, 2023.
By Golden Entertainment, Inc. · Via Business Wire · January 10, 2024
Golden Entertainment Reports 2023 Third Quarter Results
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden” or the “Company”) today reported financial results for the third quarter ended September 30, 2023.
By Golden Entertainment, Inc. · Via Business Wire · November 2, 2023
Golden Entertainment to Report 2023 Third Quarter Results on November 2 and Host Conference Call and Webcast
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) announced today that it will release its 2023 third quarter financial results after the market closes on Thursday, November 2, 2023, and host a conference call and simultaneous webcast at 5:00 p.m. ET (2:00 p.m. PT) that day. Both the call and webcast are open to the general public.
By Golden Entertainment, Inc. · Via Business Wire · October 13, 2023
Golden Entertainment Completes Sale of Montana Distributed Gaming Operations
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) announced today that it completed the previously disclosed sale of its distributed gaming operations in Montana (“Montana Distributed Gaming Operations”) to J&J Ventures Gaming, LLC (“J&J Gaming”). Pursuant to the terms of the purchase agreement entered into among Golden Entertainment, J&J Gaming and the other parties thereto, J&J Gaming acquired Golden Entertainment’s Montana Distributed Gaming Operations for aggregate cash consideration of approximately $109 million, subject to customary working capital adjustments, plus purchased cash (comprised of cash and cash equivalents related to such operations at the time of closing) of approximately $5 million. The Company’s previously disclosed sale of its Nevada distributed gaming operations to J&J Gaming remains pending, subject to satisfaction of customary closing conditions, including receipt of gaming regulatory approvals.
By Golden Entertainment, Inc. · Via Business Wire · September 13, 2023
Golden Entertainment Reports 2023 Second Quarter Results; Declares Special Cash Dividend of $2.00 Per Share
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden” or the “Company”) today reported financial results for the second quarter ended June 30, 2023.
By Golden Entertainment, Inc. · Via Business Wire · July 31, 2023
Golden Entertainment Completes Sale of Rocky Gap Casino Resort for $260 Million
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden” or the “Company”) announced today that it completed the previously disclosed sale of Rocky Gap Casino Resort (“Rocky Gap”) for aggregate cash consideration of approximately $260 million, subject to customary working capital adjustments. Pursuant to the terms of the agreements, Century Casinos, Inc. NASDAQ: CNTYNASDAQCNTY)(NYSE: VICINYSEVICI acquired an interest in the land and buildings associated with Rocky Gap for approximately $203.9 million. $175 million of the sale proceeds will be used to repay term loans outstanding.
By Golden Entertainment, Inc. · Via Business Wire · July 25, 2023
Golden Entertainment to Report 2023 Second Quarter Results on July 31 and Host Conference Call and Webcast
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden” or the “Company”) announced today that it will release its 2023 second quarter financial results after the market closes on Monday, July 31, 2023, and host a conference call and simultaneous webcast at 4:00 p.m. ET (1:00 p.m. PT) that day. Both the call and webcast are open to the general public.
By Golden Entertainment, Inc. · Via Business Wire · July 13, 2023
Golden Entertainment Reports 2023 First Quarter Results
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) today reported financial results for the first quarter ended March 31, 2023.
By Golden Entertainment, Inc. · Via Business Wire · May 10, 2023
Golden Entertainment to Report 2023 First Quarter Results on May 10 and Host Conference Call and Webcast
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) announced today that it will release its 2023 first quarter financial results after the market closes on Wednesday, May 10, 2023, and host a conference call and simultaneous webcast at 5:00 p.m. ET (2:00 p.m. PT) that day. Both the call and webcast are open to the general public.
By Golden Entertainment, Inc. · Via Business Wire · April 13, 2023
Golden Entertainment Enters Into Definitive Agreements to Divest Distributed Gaming Operations in Nevada and Montana
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden” or the “Company”) announced today that it entered into definitive agreements to divest its distributed gaming operations in Nevada and Montana (“Distributed Gaming Operations”) for aggregate cash consideration of $322.5 million, plus $39 million of estimated purchased cash at closing. Pursuant to the terms of the agreements, J&J Ventures Gaming, LLC (“J&J Gaming”) will acquire Golden’s Distributed Gaming Operations in Nevada for $213.5 million plus an estimated $34 million of purchased cash and Golden’s Distributed Gaming Operations in Montana for $109 million plus an estimated $5 million of purchased cash, subject to customary working capital adjustments.
By Golden Entertainment, Inc. · Via Business Wire · March 6, 2023
Golden Entertainment Reports 2022 Fourth Quarter and Full Year 2022 Results
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) today reported financial results for the fourth quarter and full year ended December 31, 2022.
By Golden Entertainment, Inc. · Via Business Wire · March 1, 2023
Golden Entertainment to Report 2022 Fourth Quarter and Full Year Results on March 1 and Host Conference Call and Webcast
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) announced today that it will release its 2022 fourth quarter and full year financial results after the market closes on Wednesday, March 1, 2023, and host a conference call and simultaneous webcast at 5:00 p.m. ET (2:00 p.m. PT) that day. Both the call and webcast are open to the general public.
By Golden Entertainment, Inc. · Via Business Wire · February 8, 2023
Golden Entertainment Reports 2022 Third Quarter Results
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) today reported financial results for the third quarter ended September 30, 2022. The Company generated third quarter revenue of $279.0 million, net income of $14.0 million and Adjusted EBITDA of $61.1 million.
By Golden Entertainment, Inc. · Via Business Wire · November 3, 2022
Golden Entertainment to Report 2022 Third Quarter Results on November 3 and Host Conference Call and Webcast
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) announced today that it will release its 2022 third quarter financial results after the market closes on Thursday, November 3, 2022, and host a conference call and simultaneous webcast at 5:00 p.m. ET (2:00 p.m. PT) that day. Both the call and webcast are open to the general public.
By Golden Entertainment, Inc. · Via Business Wire · October 14, 2022
Golden Entertainment Enters Into Definitive Agreements to Sell Rocky Gap Casino Resort for $260 Million
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden” or the “Company”) announced today that it entered into definitive agreements to sell Rocky Gap Casino Resort (“Rocky Gap”) for aggregate cash consideration of $260 million. Pursuant to the terms of the agreements, Century Casinos, Inc. NASDAQ: CNTYNASDAQCNTY)(NYSE: VICINYSEVICI will acquire an interest in the land and buildings associated with Rocky Gap for $203.9 million.
By Golden Entertainment, Inc. · Via Business Wire · August 25, 2022
Golden Entertainment Reports Second Quarter Results
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) today reported financial results for the second quarter ended June 30, 2022. The Company generated second quarter revenue of $289.4 million, net income of $21.2 million and Adjusted EBITDA of $75.0 million.
By Golden Entertainment, Inc. · Via Business Wire · August 4, 2022
Golden Entertainment to Report 2022 Second Quarter Results on August 4 and Host Conference Call and Webcast
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) announced today that it will release its 2022 second quarter financial results after the market closes on Thursday, August 4, 2022, and host a conference call and simultaneous webcast at 5:00 p.m. ET (2:00 p.m. PT) that day. Both the call and webcast are open to the general public.
By Golden Entertainment, Inc. · Via Business Wire · July 7, 2022
Golden Entertainment Reports First Quarter Results
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) today reported financial results for the first quarter ended March 31, 2022.
By Golden Entertainment, Inc. · Via Business Wire · May 5, 2022
Golden Entertainment to Report 2022 First Quarter Results on May 5 and Host Conference Call and Webcast
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) announced today that it will release its 2022 first quarter financial results after the market closes on Thursday, May 5, 2022, and host a conference call and simultaneous webcast at 5:00 p.m. ET (2:00 p.m. PT) that day. Both the call and webcast are open to the general public.
By Golden Entertainment, Inc. · Via Business Wire · April 20, 2022
Golden Entertainment Reports 2021 Fourth Quarter Results
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) today reported financial results for the fourth quarter and full year ended December 31, 2021.
By Golden Entertainment, Inc. · Via Business Wire · February 17, 2022
Golden Entertainment to Report 2021 Fourth Quarter Results on February 17 and Host Conference Call and Webcast
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) announced today that it will release its 2021 fourth quarter financial results after the market closes on Thursday, February 17, 2022, and host a conference call and simultaneous webcast at 5:00 p.m. ET (2:00 p.m. PT) that day. Both the call and webcast are open to the general public.
By Golden Entertainment, Inc. · Via Business Wire · February 10, 2022
Golden Entertainment Reports 2021 Third Quarter Results
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) today reported financial results for the third quarter ended September 30, 2021.
By Golden Entertainment, Inc. · Via Business Wire · November 3, 2021
Golden Entertainment to Report 2021 Third Quarter Results on November 3 and Host Conference Call and Webcast
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) announced today that it will release its 2021 third quarter financial results after the market closes on Wednesday, November 3, 2021, and host a conference call and simultaneous webcast at 5:00 p.m. ET (2:00 p.m. PT) that day. Both the call and webcast are open to the general public.
By Golden Entertainment, Inc. · Via Business Wire · October 13, 2021
Golden Entertainment to Bring Atomic Range, a New Golf Experience, to The STRAT
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment”, “Golden” or the “Company”) announced today that it entered into a definitive agreement with Flite Golf & Entertainment (“Flite Golf”) to bring Atomic Range, a new 92,000-square-foot golf entertainment destination, to seven acres of Company-owned land adjacent to The STRAT Hotel, Casino & SkyPod (“The STRAT”) in Las Vegas. The new Atomic Range will be located on Las Vegas Boulevard, just north and adjacent to The STRAT.
By Golden Entertainment, Inc. · Via Business Wire · October 4, 2021
Golden Entertainment Reports 2021 Second Quarter Results
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) today reported financial results for the second quarter ended June 30, 2021.
By Golden Entertainment, Inc. · Via Business Wire · August 5, 2021
Golden Entertainment to Report 2021 Second Quarter Results on August 5 and Host Conference Call and Webcast
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) announced today that it will release its 2021 second quarter financial results after the market closes on Thursday, August 5, 2021, and host a conference call and simultaneous webcast at 4:30 p.m. ET (1:30 p.m. PT) that day. Both the call and webcast are open to the general public.
By Golden Entertainment, Inc. · Via Business Wire · July 20, 2021
Golden Entertainment Reports 2021 First Quarter Results
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) today reported financial results for the first quarter ended March 31, 2021.
By Golden Entertainment, Inc. · Via Business Wire · May 6, 2021
Golden Entertainment to Report 2021 First Quarter Results on May 6 and Host Conference Call and Webcast
Golden Entertainment, Inc. (NASDAQGDEN) (“Golden Entertainment” or the “Company”) announced today that it will release its 2021 first quarter financial results after the market closes on Thursday, May 6, 2021, and host a conference call and simultaneous webcast at 4:30 p.m. ET (1:30 p.m. PT) that day. Both the call and webcast are open to the general public.
By Golden Entertainment, Inc. · Via Business Wire · April 14, 2021