Welcome to our dedicated page for Golden Entrtnmnt news (Ticker: GDEN), a resource for investors and traders seeking the latest updates and insights on Golden Entrtnmnt stock.
Golden Entertainment, Inc. (NASDAQ: GDEN) generates frequent news coverage through its role as a Nevada-focused gaming and hospitality operator and its involvement in significant corporate transactions. The company reports that it operates eight casinos and 72 gaming taverns in Nevada, with thousands of slot machines, table games, and hotel rooms across its properties, which makes its operating performance and strategic decisions of interest to market participants.
News about Golden Entertainment often centers on quarterly earnings releases, where the company reports revenues by category (gaming, food and beverage, rooms, and other), segment performance for Nevada Casino Resorts, Nevada Locals Casinos, and Nevada Taverns, and non-GAAP metrics such as Adjusted EBITDA. These updates also commonly include information on dividends, share repurchases, debt levels, and liquidity.
Another major stream of coverage relates to corporate and M&A activity. On November 6, 2025, Golden Entertainment announced that it had entered into a Master Transaction Agreement involving the sale of its operating assets to an entity owned and controlled by Blake L. Sartini and a sale-leaseback of certain casino real estate assets to VICI Properties Inc. Related press releases and SEC filings detail the proposed structure, including a cash distribution to Golden shareholders and the issuance of VICI shares, and note that Golden common stock is expected to cease trading on NASDAQ after closing.
Investors and observers following GDEN news can expect updates on the progress of this transaction, shareholder and regulatory approvals, and any related proxy and registration filings, alongside ongoing operating results and capital allocation announcements. For those tracking the evolution of Golden Entertainment’s business and its transition under the proposed transaction, this news feed provides a consolidated view of company communications and related market developments.
Golden Entertainment announced the sale of Rocky Gap Casino Resort for a total cash consideration of $260 million. Century Casinos will acquire operations for $56.1 million, while VICI Properties will purchase the land and buildings for $203.9 million. The deal reflects about 10x Adjusted Property EBITDA for the trailing twelve months ended June 30, 2022. Expected to close by mid-2023 pending regulatory approvals, this transaction aims to enhance Golden's focus on core markets and is seen as a strategic move to improve financial flexibility and shareholder value.
Golden Entertainment reported Q2 2022 revenues of $289.4 million, a 1% decline year-over-year. Net income was $21.2 million, or $0.67 per diluted share, significantly down from $103.0 million in Q2 2021. Adjusted EBITDA fell 18% to $75.0 million, with a margin of 26%. The company has reduced debt by $200 million since 2021 and allocated $60 million for share repurchases. Despite challenges, Golden aims to maintain a strong balance sheet and return capital to shareholders.
Golden Entertainment (NASDAQ:GDEN) will release its 2022 Q2 financial results on August 4, 2022, after market close. A conference call will follow at 5:00 p.m. ET, open to the public for both live and replay access. The company operates over 17,000 slots, 100 table games, and 6,200 hotel rooms, with ten casinos, primarily in Southern Nevada. The replay will be available until August 11, 2022.
Golden Entertainment reported a strong first quarter for 2022, achieving revenues of $273.6 million, a 14% increase from the previous year. Net income rose to $36.1 million, or $1.12 per share, compared to $10.6 million, or $0.35 per share in Q1 2021. Adjusted EBITDA also improved by 13% to $67.3 million. The company repaid $25 million of debt and repurchased over $15 million of shares. The Board reauthorized a $50 million share repurchase program as part of their continued commitment to returning capital to shareholders.
Golden Entertainment, Inc. (NASDAQ:GDEN) will announce its 2022 Q1 financial results on May 5, 2022, after market close. A conference call and webcast will take place at 5:00 p.m. ET, which is open to the public. To participate, call (800) 920-3359 with passcode 22018469. A replay will be available after 7:00 p.m. ET on the same day until May 8, 2022. The live webcast can be accessed through the Investors section of Golden Entertainment’s website.
Golden Entertainment (NASDAQ: GDEN) reported strong fourth quarter 2021 results with revenues of $282.0 million, a 37% year-over-year increase, and net income of $19.1 million. Annual revenue reached $1.1 billion, marking a 58% growth from 2020. Adjusted EBITDA for the quarter was $67.8 million, up 72% year-over-year, while annual Adjusted EBITDA rose to $291.7 million. The company repaid $25 million in loans and bought back $10.6 million in stock. Key operating segments experienced growth, with net income per share rising to $0.59.
Golden Entertainment (NASDAQ:GDEN) will announce its 2021 fourth quarter financial results after market close on February 17, 2022. A conference call and webcast for investors will be held at 5:00 p.m. ET that same day. The conference call can be accessed by dialing (844) 465-3054, with an international option at (480) 685-5227, using passcode 6388552. A replay will begin at 8:00 p.m. ET and will be available until February 20, 2022. More details can be found on their website.
Golden Entertainment reported record third quarter revenue of $282.4 million and net income of $29.1 million for Q3 2021. Compared to Q3 2020, revenue grew significantly from $205.4 million and a net loss of $7.0 million. The company achieved an Adjusted EBITDA of $73.4 million, up from $45.9 million the previous year. Growth was driven by all casino and gaming operations. The company repaid over $50 million in debt, increasing revolver availability to $240 million. The management plans to utilize a $50 million share buyback authorization to enhance shareholder value.
Golden Entertainment will release its 2021 third quarter financial results on November 3, 2021, after market close. A conference call is scheduled for 5:00 p.m. ET that same day, accessible via phone at (844) 465-3054 for domestic callers and (480) 685-5227 internationally. A replay will be available post-call until November 6, 2021. The conference call will also be webcast on the Company's website. Golden Entertainment operates gaming properties across Southern Nevada and Maryland, including over 16,900 slots and 120 table games.
Golden Entertainment has entered an agreement with Flite Golf & Entertainment to develop Atomic Range, a 92,000-square-foot golf entertainment facility, on seven acres of company-owned land adjacent to The STRAT in Las Vegas. This innovative venue will feature over 100 hitting bays and is projected to open by the end of 2023, creating more than 500 jobs. Development costs are estimated at $70 million, with Golden sharing in the gross revenue. This project aims to enhance guest traffic to The STRAT and contribute to the redevelopment of the North Strip.