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. (GDEN) operated a diversified Nevada gaming and hospitality platform built around casinos, gaming taverns, slots, table games and hotel rooms. Company updates have centered on operating results, dividends and liquidity, as well as capital allocation, debt repayment discussions and governance matters tied to its casino real estate.
Recent coverage also reflects completed corporate-status changes, including a sale-leaseback of casino properties, transfer of the operating business to Golden OpCo, and Nasdaq removal proceedings for the company's common stock. The record is framed by Golden Entertainment's historical role in the Southern Nevada gaming market.
VICI Properties (NYSE: VICI) closed a $1.16 billion sale-leaseback acquiring 100% of land, real property and improvements of seven Nevada casino properties from Golden Entertainment.
VICI entered a triple-net master lease with an entity owned by Blake L. Sartini (Golden OpCo), issued ~24.3 million VICI shares in the exchange, and assumed and retired $426 million of Golden Entertainment debt using cash and forward-sale proceeds. The deal adds exposure to the Las Vegas locals market, a 15th tenant, and is described as accretive to AFFO per share.
VICI Properties (NYSE: VICI) reported Q1 2026 results: total revenues of $1.0 billion (+3.5% YoY), net income attributable to common stockholders of $872.4 million (+60.5% YoY) and AFFO of $650.9 million (+5.7% YoY; $0.61 per diluted share).
Key actions: expanded a $1.5 billion mezzanine loan for One Beverly Hills, pending CAD$200.6 million (USD$144.4M) Gamehost real estate acquisition, expected closing of a $1.16 billion Golden Entertainment property acquisition, raised 2026 AFFO guidance to $2,665–2,695 million ($2.44–$2.47 per diluted share).
LifeStance Health Group (NASDAQ: LFST) will be added to the S&P SmallCap 600 prior to trading on May 1, 2026. Golden Entertainment (NASDAQ: GDEN) will be deleted from the index on the same date, following a pending acquisition by VICI Properties and Blake Sartini.
The table of changes lists LFST as an addition to the Health Care sector and GDEN as a deletion from Consumer Discretionary.
VICI Properties (NYSE: VICI) announced that required approvals are complete for its previously announced $1.16 billion purchase of land, real property and improvements for seven casino properties (the "Golden Portfolio") from Golden Entertainment (NASDAQ: GDEN), with expected closing on or around April 30, 2026, subject to customary conditions.
At closing VICI will enter a 30-year triple-net master lease with a Sartini-controlled operator, issue ~24.3 million new VICI shares to Golden shareholders, assume and retire $426 million of Golden debt, and receive initial annual rent of $87.0 million with 2.0% annual escalators beginning Lease Year 3.
Golden Entertainment (NASDAQ: GDEN) announced shareholders approved a definitive master transaction agreement with Blake L. Sartini and VICI Properties (NYSE: VICI) at a special meeting on March 31, 2026.
Closing is anticipated in Q2 2026, subject to regulatory approvals and customary conditions; upon closing GDEN shares will be delisted and de-registered.
Golden Entertainment (NASDAQ: GDEN) reported Q4 2025 revenue of $155.6M and a Q4 net loss of $8.5M (loss of $0.33/share), versus Q4 2024 revenue of $164.2M and net income of $3.0M. Q4 Adjusted EBITDA was $33.5M.
Full year 2025 revenue was $634.9M with a net loss of $6.0M ($0.23/share) and Adjusted EBITDA of $140.0M. The company declared a quarterly dividend of $0.25 and said its pending sale and privatization follow a Proposed Transaction announced November 6, 2025.
Everbay Capital (NASDAQ:GDEN) called on Golden Entertainment's board to pursue an immediate sale-leaseback of its casino real estate, use proceeds to repay funded debt, and pay a special dividend to shareholders.
Everbay estimates $1.2B after-tax proceeds (assuming $1.4B gross value and $187M tax leakage), repayment of $385M net debt, and a $819M special dividend (~$30.12 per share, ~150% of current price). Everbay also estimates a debt-free RemainCo worth at least $12 per share, implying total shareholder value of $42 per share (210% of current price). The letter urges forming a special committee to explore strategic alternatives for RemainCo.
Golden Entertainment (NASDAQ: GDEN) reported third quarter 2025 results: revenues $154.8M vs $161.2M in Q3 2024, net loss $4.7M (loss $0.18 per share) vs net income $5.2M in Q3 2024, and Adjusted EBITDA $30.5M vs $34.0M a year earlier. The company reported cash and cash equivalents of $58.3M, total debt principal of $430.1M, and $205M of remaining availability under its revolving credit facility as of September 30, 2025.
The board paid a $0.25 per share quarterly cash dividend on October 3, 2025 and authorized the next $0.25 dividend payable January 6, 2026 to shareholders of record December 22, 2025. The company cancelled a scheduled earnings call due to a transaction announced November 6, 2025.
VICI Properties (NYSE: VICI) agreed to acquire seven Nevada casino properties from Golden Entertainment for $1.16 billion and to enter a triple-net 30-year master lease with Golden OpCo. The portfolio includes The STRAT, Arizona Charlie’s Decatur and Boulder, Aquarius, Edgewater, Pahrump Nugget and Lakeside RV Park, totaling ~362,000 sq ft of casino, >6,000 hotel rooms, 4,306 slots and 78 table games.
Initial annual rent is $87.0 million (7.5% cap rate) with 2.0% annual escalators from Lease Year 3; closing expected mid-2026. VICI will issue ~24.3M shares to Golden shareholders and assume and retire $426M of Golden debt; no additional financing expected. Transaction expected to be immediately accretive to AFFO per share.
Golden Entertainment (NASDAQ: GDEN) agreed to be acquired by Blake L. Sartini and to sell seven casino real estate assets to VICI Properties (NYSE: VICI) in a sale-leaseback. Each Golden share will receive 0.902 VICI shares plus $2.75 cash, valuing the deal at $30.00 per share — a 41% premium to Golden's Nov 5, 2025 close. VICI will assume and repay up to $426 million of Golden’s senior secured credit facility. The transaction has unanimous Independent Committee approval, a go-shop through Dec 5, 2025, and is expected to close in mid-2026. Golden will continue quarterly dividends of $0.25 per share through closing and will delist from NASDAQ upon completion.