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  1. #101  
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    Rocky Gap generates $4.7 million in September




    Rocky Gap Casino Resort includes 579 slot machines and 18 table games.

    CTN file photo

















    CUMBERLAND — Rocky Gap Casino Resort generated $4.7 million from its slot machines and table games in September, a 6.1 percent increase when compared to the same month last year, according to numbers released by the Maryland Lottery and Gaming Control Agency.
    Combined, the state's six casinos made nearly $135 million for the month, an increase of $37.4 million compared to September 2016.
    In a year-to-year comparison not including MGM National Harbor, which opened Dec. 8, statewide casino revenue decreased nearly $12 million. MGM National Harbor generated just under $50 million from its slot machines and table games last month.



    Revenue at Rocky Gap increased $270,970 from last year's September numbers.
    The resort operates 665 slot machines and 17 banked table games. Gross gaming revenue per unit per day was $206.23 for slot machines and $1,648.53 for banked table games.
    The other casinos that showed year-to year increases were Ocean Downs and Hollywood Casino Perryville.
    Casino contributions to the state go to the Maryland Education Trust Fund and also support small-, minority- and women-owned businesses, local impact grants and the state’s horse racing industry.
    In Allegany County, the funds benefit Opportunity Scholarships for students attending Allegany College of Maryland and Frostburg State University, local fire companies, board of education capital programs and the county’s pay-as-you-go account.





    In August, Rocky Gap resort officials said contributions to Allegany County totaled nearly $3 million since the casino's 2014 opening.
    Rocky Gap Casino Resort is a subsidiary of Las Vegas-based Golden Entertainment.
    Maryland Lottery and Gaming is responsible for oversight of the state’s casinos.






    CUMBERLAND TIMES-NEWS, ctn@times-news.com http://www.times-news.com/news/local...7decd95ba.html
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  2. #102  
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    10/25/17, 7:31 AM
    $GDEN Macquarie initiates as an outperform, $35PT
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  3. #103  
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    The Hottest CEO in Vegas Just Bought the City's Strangest Casino

    The Stratosphere hasn’t always been good luck in the casino business.
    By Christopher Palmeri
    November 2, 2017, 5:01 AM EDT

    https://www.bloomberg.com/news/articles/2017-11-02/the-hottest-ceo-in-vegas-just-bought-the-city-s-strangest-casino
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  4. #104  
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    earnings tonight

    Nov 2, 2017 | Blake Sartini, blog |
    Transformational.
    That is the simplest word to describe our recently completed acquisition of the four casinos associated with American Casino & Entertainment Properties.
    In one move, Golden Entertainment has more than doubled its size and its influence in the Nevada gaming community. We are a leading Nevada-focused regional gaming company, positioned to grow through our state’s powerful economic strength.
    Golden Entertainment is a well-respected brand in Nevada. This month, we will open our 56th Nevada-style tavern in the Las Vegas-area though
    PT’s Entertainment Group. We have plans underway to continue growing our market-leading presence in 2018.
    The company’s distributed gaming operations is the largest in the United States with our route partners in Nevada and Montana.
    The addition of the four properties gives us a presence in four key Southern Nevada gaming markets and continues to establish the Golden Entertainment brand.
    The
    Stratosphere Casino, Hotel & Tower is an iconic Las Vegas destination. Our goal is to make it even better. We view the Stratosphere as not just the centerpiece of a revitalization of the north end of the Las Vegas Strip, but the catalyst for creating new destination experiences that may cover a mile-long section of Las Vegas Boulevard, from Sahara Avenue to Charleston Boulevard.
    We look forward to working with the City of Las Vegas in making this vision a reality.
    Our vibrant Las Vegas locals’ business is bolstered by the addition of
    Arizona Charlie’s Casino Decatur and Arizona Charlie’s Casino Boulder. The two casinos complement our growing tavern business and our distributed gaming operations.
    The
    Aquarius Casino Resort in Laughlin provides Golden Entertainment with the Colorado River community’s leading gaming property. Our three Pahrump casinos – Pahrump Nugget, Gold Town and Lakeside – are the market leaders in Nye County.
    We are also proud of our
    Rocky Gap Casino Resort in picturesque Western Maryland. The property is adjacent to the Rocky Gap State Park and is home to Maryland’s only Jack Nicklaus-designed 18-hole championship golf course.
    We have added a very experienced and credible team to bolster our existing family and Golden Entertainment now employs more than 7,200 team members.
    I have been involved in the gaming business since 1982 and our management team’s DNA is in casino operations.
    I founded Golden Entertainment in 2001 with 900 gaming devices in taverns throughout the Las Vegas Valley. Our company has come a long way and this transaction is truly transformational event.
    Over the next 12 to 18 months, look for Golden Entertainment to capitalize on our new scale and begin rolling out more benefits for our long-standing customer base and our new customers who have been loyal to the Stratosphere, Aquarius and both Arizona Charlie’s properties.
    Blake L. Sartini
    Chairman and CEO

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  5. #105  
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    Golden Entertainment Third Quarter Net Revenue Rises 3.9% to $108.3 Million, Net Income of $8.6 Million and Adjusted EBITDA Increases 20.1% to $15.1 Million https://finance.yahoo.com/news/golde...ity&soc_trk=ma
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  6. #106  
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    Quote Originally Posted by brucefan View Post
    Golden Entertainment Third Quarter Net Revenue Rises 3.9% to $108.3 Million, Net Income of $8.6 Million and Adjusted EBITDA Increases 20.1% to $15.1 Million https://finance.yahoo.com/news/golde...ity&soc_trk=ma
    What a monster!!!
    Of course I dropped the 2 casino behemoths for PRTS..

    Just bought into Full House Resorts. Hoping that it’ll be the next big runner.

    Thanks as as always for the insight and updates!
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  7. #107  
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    Quote Originally Posted by Steiner69eR View Post
    What a monster!!!
    Of course I dropped the 2 casino behemoths for PRTS..

    Just bought into Full House Resorts. Hoping that it’ll be the next big runner.

    Thanks as as always for the insight and updates!

    FLL Big winner there.

    Im still all in on PRTS . Been frustrating for sure but being worked on
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  8. #108  
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    PT’s continues 2017 growth; launches third year of ‘Ride Safe’

    Dec 8, 2017 | Blake Sartini, blog |
    PT’s Entertainment Group has been busy in 2017. We are not done.
    In November, we opened our fifth all-new PT’s Gold this year. Our newest traditional Nevada-style tavern is at 8275 Fort Apache Road, north of Wigwam Avenue and across from the western entrance to the Rhodes Ranch residential community.
    We have five more taverns planned for next year, starting in January with a PT’s Gold for South Green Valley Parkway and Horizon Ridge. The next four will follow along schedule in the Las Vegas area. We will soon pass the 60-tavern threshold through with our popular brands – PT’s Pub, PT’s Gold, PT’s Ranch, PT’s Brewing Co., Sean Patrick’s, Sierra Gold, and SG Bar.
    Golden Entertainment Inc. is bullish on the vibrant Las Vegas economy and we see continued opportunities for expansion and growth. Our development strategy centers on expanding the PT’s brand throughout the Las Vegas market and bringing the best tavern experience to the growing areas of the valley. We are also proud to employ more than 800 team members in our Nevada taverns.
    The other four taverns we opened in 2017 are PT’s Gold on Valley View south of Sunset Road, PT’s Gold on Buffalo Drive near Warm Springs, PT’s Gold at the intersection of Decatur Boulevard and Silverado Ranch Road, and PT’s Gold on Oso Blanca Road in Centennial Hills.
    All our taverns are participating with Lyft Las Vegas in the “Ride Safe” program during the holidays. This is the third year of the program we introduced and our first with Lyft.
    The partnership encourages our guests not to drink and drive. At the same time, we found a way to benefit the Las Vegas Metropolitan Police Department Foundation.
    Through Jan. 1, PT’s Entertainment Group will donate $1 to the foundation for every Lyft ride from one of our Southern Nevada taverns. Lyft has also agreed to contribute an additional $1 to the foundation for every ride taken from the taverns.
    Drugs and alcohol factor into nearly half of all fatal traffic crashes in Clark County.
    Providing a safe ride alternative to and from our taverns is a priority. The “Ride Safe” program was a tremendous success in our first two campaigns. Our goal this year is to create an even greater awareness related to all alcohol-related traffic incidents. We also look forward to building upon an ongoing partnership with the Police Foundation.
    Blake L. Sartini II
    Senior Vice President of Distributed Gaming
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  9. #109  
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    Word on the street is the secondary is a hot deal and should price around 30 tomorrow

    I would buy this dip .
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  10. #110  
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    Quote Originally Posted by brucefan View Post
    Word on the street is the secondary is a hot deal and should price around 30 tomorrow

    I would buy this dip .
    So you think buy more at this price?
    Who knew we had signatures all this time?
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  11. #111  
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    Quote Originally Posted by Jstack34 View Post
    So you think buy more at this price?
    Word on the street is the secondary is a hot deal and should price around 30 tomorrow

    I would buy this dip .
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  12. #112  
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    1/18/18, 4:23 PM
    Jefferies Starts Golden Entertainment $GDEN at Buy streetinsider.com/r/13699765
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  13. #113  
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    Quote Originally Posted by brucefan View Post
    Word on the street is the secondary is a hot deal and should price around 30 tomorrow

    I would buy this dip .
    Ok, I bought
    Who knew we had signatures all this time?
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  14. #114  
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    The deal priced @ 28 , the stock is up pre market . I believe the secondary too out most of the leaches from Goldman who never invest in anything, and represents the overhang in the stock . There is a 30 day quiet period after an offering like this, but then we should see some Recos JP Morgan ( the underwriter in particular )
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  15. #115  
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    gap filled now since the offering was announced

    Bye bye Goldman
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  16. #116  
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    Do not sell this stock if you still have it

    Golden Entertainment Reports Record 2017 Fourth Quarter Net Revenue of $184.3 Million, Net Loss of $13.4 Million and Adjusted EBITDA of $29.0 Million






    Business WireMarch 15, 2018 https://finance.yahoo.com/news/golde...200500383.html




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  17. #117  
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    • 1.5



    Union Gaming positive on Golden Entertainment

    Mar. 16, 2018 7:46 AM ET|By: Clark Schultz, SA News Editor

    Union Gaming keeps a Buy rating on Golden Entertainment (NASDAQ:GDEN) after factoring in the company's Q4 earnings report.
    Analyst John DeCree notes the strong EBITDA tally for the quarter ($229M vs. $26.5M estimated by Union) and observes that a deep freeze in Montana contributed slightly to margin pressure. DeCree's estimate for 2018 EBITA of $187M is ahead of the company's own guidance for $184M to $190M.
    "We like both the value and growth opportunity in the shares of GDEN and we continue to see even incremental upside from potential M&A, the refinancing opportunity with the 2nd lien debt later this year, a potential REIT partner/transaction, and upside from the Stratosphere redevelopment program," writes DeCree.




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  18. #118  
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    Stratosphere to undergo $140M renovation


    http://www.lasvegasnow.com/news/stra...ion/1059284912
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  19. #119  
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    Golden Entertainment Reports 2018 First Quarter Revenue of $214.8 Million, Net Income of $3.9 Million and Adjusted EBITDA of $45.9 Million

    https://finance.yahoo.com/news/golde...200500071.html
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  20. #120  
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    GOLDEN ENTERTAINMENT - (GDEN) @ $29.73 ==> (VIDEO) => GDEN's ... CHEF JOHN CHURCH ... Wins "BEST CHEF" on The Food Network; (VIDEO) - REFERENCE LINK: https://goo.gl/VjGtQd This is the man responsible for completely re-designing all of GDEN's ==> FOOD -&- BEVERAGE Operations This is obviously => Quite a Big Job GDEN now owns ==> 8 Casinos -and- More than "60" Micro/Casino Bars and Taverns Chef Church just "WON" the title of "Best Chef" ... On the nationally televised TV Show called "CHOPPED" which airs weekly on "The Food Network" This is a "BIG DEAL" .... And Amazing FREE Public Relations !!! The Guy is a "ROCK STAR" in the Food World

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  21. #121  
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    Golden Entertainment to Acquire Two Laughlin, Nevada Casino Resorts in Accretive Transaction



    Business WireJuly 16, 2018









    LAS VEGAS--(BUSINESS WIRE)--
    Golden Entertainment, Inc. (GDEN) (“Golden” or the “Company”) today announced that it has entered into a definitive agreement with Marnell Gaming LLC, to acquire the Edgewater Hotel & Casino Resort and the Colorado Belle Hotel & Casino Resort in Laughlin, Nevada. The purchase price will be based on an 8.0x multiple of the combined trailing twelve months adjusted EBITDA of both properties as of November 2018, with a minimum price of $168 million and a maximum price of $190 million. Including expected cost synergies and cash acquired, the purchase price is expected to represent an implied trailing twelve months adjusted EBITDA multiple of 6.5x.
    The purchase consideration will consist of $155 million of cash and the balance in restricted stock issued at a price of $28.54 per share.
    The transaction will be financed with incremental debt under the Company’s credit facility and cash on hand. Pro forma for the transaction, the Company’s net leverage is expected to be below 5x at closing. The Company expects the acquisition to be cash flow positive and immediately accretive to operating results.
    Blake Sartini, Chairman and Chief Executive Officer of Golden, said, "The acquisition of the Edgewater Hotel & Casino Resort and the Colorado Belle Hotel & Casino Resort provides us with an exciting opportunity to expand our portfolio to nine wholly-owned casino resorts in Southern Nevada, solidifying our presence in this growing and attractive gaming market. The transaction is consistent with our strategy to grow our business in an accretive manner for shareholders and Golden is uniquely positioned to benefit immediately from cost synergies related to the acquisition of these properties.”
    The Edgewater Hotel & Casino Resort and the Colorado Belle Hotel & Casino Resort collectively feature over 1,400 slot machines, 40 table games and 2,150 hotel rooms. The properties also feature eleven restaurants and dedicated entertainment venues including the Laughlin Event Center. The Laughlin Event Center is an outdoor arena with 12,000 seats and hosts multiple headline concerts and other events throughout the year. The two properties are adjacent to Golden’s current Laughlin property, the Aquarius Casino Resort, which features over 1,200 slot machines, over 30 table games and almost 2,000 hotel rooms. When combined, these three properties will be situated on 55 contiguous acres along the heart of the Laughlin Riverwalk.
    Mr. Sartini added, “The Marnell family has a long history in the gaming industry including, designing, building and owning some of the most iconic resorts that now define the Las Vegas resort corridor. Over the past several years, Marnell Gaming has taken their expertise and created a significant hotel, casino and entertainment presence in Laughlin, and we are excited to build on these well positioned properties. As a result of this transaction, I am pleased to welcome Anthony Marnell III as a shareholder of Golden Entertainment.”
    The transaction is expected to close in the first quarter of 2019, subject to customary closing conditions and the receipt of all required regulatory approvals.
    Latham & Watkins LLP served as legal advisor to Golden Entertainment for the transaction. Holland & Hart LLP served as legal advisor to Marnell Gaming.





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