STOCK TITAN

Golden Entertainment Inc - GDEN STOCK NEWS

Welcome to our dedicated news page for Golden Entertainment (Ticker: GDEN), a resource for investors and traders seeking the latest updates and insights on Golden Entertainment.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Golden Entertainment's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Golden Entertainment's position in the market.

Rhea-AI Summary
Golden Entertainment, Inc. (NASDAQ:GDEN) will announce its 2024 first quarter financial results on May 8, 202 how to access the conference call and webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.62%
Tags
conferences earnings
-
Rhea-AI Summary
Golden Entertainment, Inc. (NASDAQ: GDEN) announces key management changes with Blake Sartini II appointed as Chief Operating Officer and Steve Arcana as Chief Development Officer. The move aims to optimize operations, drive growth, and enhance shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
Tags
management
-
Rhea-AI Summary
Golden Entertainment, Inc. (GDEN) reported fourth-quarter revenue of $230.7 million, net loss of $9.4 million, and Adjusted EBITDA of $48.8 million. The full-year 2023 revenue was $1.1 billion, with a net income of $255.8 million and Adjusted EBITDA of $222.5 million. The company completed the sale of its Nevada distributed gaming business, repaid over $60 million of debt in Q4, and initiated a quarterly cash dividend of $0.25 per share. The stock symbol is GDEN.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.56%
Tags
Rhea-AI Summary
Golden Entertainment, Inc. (GDEN) will release its 2023 fourth quarter and full year financial results on February 29, 2024. The conference call and webcast will be open to the public. The call can be accessed by phone or web, with a replay available until March 7, 2024. The webcast will be archived on the Company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.53%
Tags
conferences
-
Rhea-AI Summary
Golden Entertainment, Inc. (NASDAQ: GDEN) completed the sale of its Nevada Distributed Gaming Operations to J&J Ventures Gaming, LLC for approximately $213.5 million in cash consideration plus purchased cash of $37.5 million. The sale was part of a previously disclosed agreement and follows the sale of its distributed gaming operations in Montana to the same buyer in September 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
Tags
none
-
Rhea-AI Summary
Golden Entertainment, Inc. reported Q3 revenue of $257.7 million, net income of $241.2 million, and Adjusted EBITDA of $53.2 million. They closed the sale of Rocky Gap Casino Resort for $260 million and the sale of their Montana distributed gaming business for $109 million. The company also paid a special cash dividend of $2.00 per share and repurchased 252,395 shares of common stock. They reduced term loans by $176 million and repurchased $49.3 million of unsecured notes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.97%
Tags
Rhea-AI Summary
Golden Entertainment, Inc. to release Q3 2023 financial results on November 2, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences earnings
-
Rhea-AI Summary
Golden Entertainment completes sale of Montana Distributed Gaming Operations to J&J Gaming for $109 million
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.77%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
dividends earnings
Rhea-AI Summary
VICI Properties has completed the acquisition of Rocky Gap Casino Resort in Maryland for $203.9 million. The purchase was funded through cash and proceeds from forward equity sale agreements. The addition of Rocky Gap to the existing lease agreement with Century Casinos has increased annual rent by $15.5 million and extended the lease term.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
Tags
Golden Entertainment Inc

Nasdaq:GDEN

GDEN Rankings

GDEN Stock Data

991.49M
20.87M
25.18%
70.77%
2.12%
Casinos (except Casino Hotels)
Arts, Entertainment, and Recreation
Link
US
Las Vegas

About GDEN

golden entertainment, inc. offers an unmatched blend of gaming diversity. through its three dynamic gaming divisions — golden casino group, pt’s entertainment group and golden route operations — the golden group of companies operates approximately 9,250 slot machines and video lottery terminals, as well as 22 table games in nevada and maryland across four casino properties, 48 taverns and approximately 670 route locations. for more information, visit www.goldenent.com