419:
24:
310:
287:, applied for a gaming license. Golden paid $ 20.7 million a year to lease the casino, and received a $ 3.3 million monthly management fee, plus a portion of revenue. Golden pulled out of the deal early when Morgans received its gaming license in January 2008, citing a desire to focus on its other operations.
290:
Golden Gaming agreed in
November 2007 to buy the Saddle West casino in Pahrump from Anthony Marnell III and Sher Gaming, but canceled the deal the following June, deciding instead to focus on the Pahrump Nugget, where it began an $ 11 million expansion and remodeling.
347:
The company expanded into
Montana in 2016, purchasing slot routes with 2,800 machines for a total of $ 45 million. In June 2017, Golden Entertainment was granted a license for slot route operations in Illinois. This marked the fourth state Golden is licensed.
337:, and the largest slot route operator in Nevada, with about 8,500 machines in 650 locations, making up 45% of the market. Affinity in turn bought Golden's three casinos in Black Hawk, which were valued at a total of $ 76–92 million.
394:) for $ 190 million. The acquisition of the Colorado Belle and Edgewater gives the company dominance in the market with three of 11 Laughlin properties, including the Aquarius.
1502:
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1512:
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994:
1487:
1492:
1377:
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1315:
344:. Sartini would own 35% of the company and serve as its chief executive officer. The merger was completed on August 3, 2015, establishing Golden Entertainment.
352:
240:
1265:
1243:
1219:
968:
775:
677:
1046:
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239:. It is the largest tavern operator and largest slot route operator in Nevada. In October 2017, the company completed an $ 850 million acquisition of
1143:
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280:
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943:
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891:
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379:
466:
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136:
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427:
368:
356:
637:
628:
478:
457:
1402:
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387:
266:
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341:
284:
262:
In 2002, the Golden Tavern Group subsidiary was formed, and it acquired the PT's chain of taverns.
236:
224:
88:
334:
208:
119:
56:
440:
431:
383:
371:. The following year, the company announced a $ 140 million renovation of the Stratosphere.
295:
23:
461:
402:
398:
330:
322:
314:
256:
251:
Golden Gaming was formed in
October 2001 as a result of Blake L. Sartini's acquisition of
995:"Las Vegas gaming companies complete transactions involving casinos, slot machine routes"
1122:"Golden Entertainment subsidiary licensed to operate video gaming terminals in Illinois"
317:, the former Terrible's Town Casino, seen in 2019, which Golden Gaming acquired in 2012.
1456:
622:
391:
375:
34:
333:
locations). The deal made Golden the largest employer and largest gaming operator in
1471:
232:
132:
52:
42:
294:
In 2010, Golden Gaming agreed to take over operation of four small casinos owned by
1244:"Golden Entertainment completes acquisition of two Laughlin, Nevada casino resorts"
299:
161:
309:
1072:"Golden Entertainment heads into Montana with completion of $ 20M transaction"
723:"Golden Entertainment expands tavern portfolio, announces new brewery concept"
355:
for $ 850 million, which expanded the company's casino portfolio by four: the
61:
917:
1440:
279:
In
February 2007, Golden began a two-year deal to operate the casino at the
243:. The company now has eight casino resorts, all located in Southern Nevada.
325:
the
Terrible's Town Casino and Terrible's Lakeside Casino & RV Park in
1097:"Golden Entertainment buys Montana gaming-machine vendor for $ 25 million"
1047:"Golden Gaming to merge with Lakes Entertainment, acquire Maryland casino"
1394:
1292:"Century Casinos acquires Rocky Gap operations from Golden Entertainment"
204:
72:
1355:
493:
with over 9000 machines in Nevada and more than 2,800 games in
Montana
326:
802:"Former Station exec buying PT's Pubs chain - Las Vegas Sun Newspaper"
306:, Siegel Slots and Suites, the Resort on Mount Charleston, and Rumor.
1412:
1348:
678:"Golden Entertainment finalizes $ 341 million gaming industry merger"
220:
216:
212:
48:
1330:"New brands will help PT's Taverns chain grow in Las Vegas Valley"
1316:"New brands will help PT's Taverns chain grow in Las Vegas Valley"
417:
308:
1266:"Golden Entertainment closes $ 190M deal for 2 Laughlin resorts"
1170:"Owner of PT's Pubs to buy Stratosphere, 3 other Nevada casinos"
1144:"Golden closes on $ 850M deal for Stratosphere, 3 other casinos"
944:"Golden Gaming division OKs deal to manage four smaller casinos"
1359:
422:
The
Stratosphere, seen in 2017, the company's largest property.
1220:"Golden Entertainment closer to operating 2 Laughlin casinos"
725:(Press release). Golden Entertainment. September 17, 2015
269:: the Golden Gates, Golden Gulch, and Golden Mardi Gras.
1246:(Press release). Golden Entertainment. January 14, 2019
1194:"Golden Entertainment to invest $ 140M in Stratosphere"
189:
750:"Golden Gaming now Nevada's large slot-route operator"
849:
Associated press on
October 20, 2006 by Brendan Riley
1449:
1411:
1393:
969:"Las Vegas-based Affinity Gaming shuffles holdings"
397:Golden sold the Rocky Gap Casino Resort in 2023 to
340:Golden Gaming agreed in January 2015 to merge with
184:
171:
151:
143:
126:
115:
97:
78:
68:
40:
30:
329:and Affinity's slot route operation (except for
351:In October 2017, Golden Entertainment acquired
265:In 2004, the company acquired three casinos in
353:American Casino & Entertainment Properties
241:American Casino & Entertainment Properties
1371:
704:(Report). Golden Entertainment. July 31, 2015
8:
865:"Golden Gaming to end deal to manage casino"
16:
1503:Entertainment companies established in 2015
386:from Marnell Gaming (owner and operator of
1378:
1364:
1356:
22:
15:
1513:Hospitality companies established in 2015
1021:"Focused on success, committed to Nevada"
255:, a company he founded before selling to
227:. It was formed in 2015 by the merger of
743:
741:
739:
671:
669:
473:Pahrump Nugget Hotel & Gambling Hall
374:In January 2019, the company bought the
274:Pahrump Nugget Hotel & Gambling Hall
1508:Gambling companies of the United States
1218:Richard N. Velotta (December 5, 2018).
795:
793:
665:
1488:American companies established in 2015
859:
857:
855:
1493:Companies based in Enterprise, Nevada
7:
1264:Velotta, Richard (15 January 2019).
1168:Richard N. Velotta (June 12, 2017).
890:Knightly, Arnold (25 January 2008).
272:In 2006, Golden Gaming acquired the
967:Stutz, Howard (22 September 2011).
942:Stutz, Howard (September 9, 2010).
496:
1045:Stutz, Howard (January 26, 2015).
479:The Strat Hotel, Casino and Skypod
321:In March 2012, Golden bought from
14:
1019:Stutz, Howard (16 October 2011).
918:"Pahrump Nugget will be expanded"
916:Knightly, Arnold (26 June 2008).
1070:J.D. Morris (February 1, 2016).
892:"Hard Rock owners given license"
676:Howard Stutz (August 3, 2015).
1498:Companies listed on the Nasdaq
993:Stutz, Howard (1 March 2012).
748:Stutz, Howard (4 March 2012).
1:
1483:2015 establishments in Nevada
588:North Las Vegas (2 locations)
544:North Las Vegas (2 locations)
1290:Buck Wargo (July 25, 2023).
607:North Las Vegas (1 location)
566:North Las Vegas (1 location)
1095:Erik Olson (May 14, 2016).
800:Strow, David (2002-02-27).
774:Benston, Liz (2006-08-21).
467:Lakeside Hotel & Casino
1529:
1436:Edgewater Hotel and Casino
1124:. Las Vegas Review-Journal
776:"PT's brand grows locally"
452:Edgewater Hotel and Casino
201:Golden Entertainment, Inc.
17:Golden Entertainment, Inc.
1431:Arizona Charlie's Decatur
1426:Arizona Charlie's Boulder
1253:– via BusinessWire.
826:"Black Hawk casinos sold"
446:Arizona Charlie's Decatur
437:Arizona Charlie's Boulder
365:Arizona Charlie's Decatur
361:Arizona Charlie's Boulder
298:, previously operated by
253:Southwest Gaming Services
21:
1224:Las Vegas Review-Journal
1198:Las Vegas Review-Journal
1174:Las Vegas Review-Journal
1148:Las Vegas Review-Journal
1051:Las Vegas Review-Journal
1025:Las Vegas Review-Journal
999:Las Vegas Review-Journal
973:Las Vegas Review-Journal
948:Las Vegas Review-Journal
922:Las Vegas Review-Journal
754:Las Vegas Review-Journal
682:Las Vegas Review-Journal
644:Golden Mardi Gras Casino
563:Las Vegas (15 locations)
541:Las Vegas (24 locations)
497:PT's Entertainment Group
1403:Rocky Gap Resort Casino
650:Rocky Gap Resort Casino
604:Las Vegas (4 locations)
585:Las Vegas (2 locations)
577:Las Vegas (2 locations)
560:Henderson (2 locations)
552:Las Vegas (3 locations)
538:Henderson (5 locations)
527:Las Vegas (2 locations)
516:Las Vegas (2 locations)
486:Golden Route Operations
1421:Aquarius Casino Resort
646:— Black Hawk, Colorado
640:— Black Hawk, Colorado
574:Henderson (1 location)
524:Henderson (1 location)
513:Henderson (1 location)
428:Aquarius Casino Resort
423:
369:Aquarius Casino Resort
318:
276:from Generation 2000.
421:
312:
283:while its new owner,
103:; 9 years ago
1478:Golden Entertainment
1387:Golden Entertainment
1349:Golden Entertainment
732:– via Reuters.
654:Flintstone, Maryland
633:Black Hawk, Colorado
388:Nugget Casino Resort
313:Gold Town Casino in
267:Black Hawk, Colorado
231:(founded in 2001 by
830:www.bizjournals.com
638:Golden Gulch Casino
629:Golden Gates Casino
510:Great American Pub
491:Slot route operator
481:— Las Vegas, Nevada
448:— Las Vegas, Nevada
414:Golden Casino Group
405:for $ 260 million.
342:Lakes Entertainment
285:Morgans Hotel Group
237:Lakes Entertainment
173:Number of employees
158:Blake Sartini (35%)
101:August 3, 2015
89:Lakes Entertainment
18:
1296:CDC Gaming Reports
711:– via EDGAR.
625:— Laughlin, Nevada
610:Reno (2 locations)
454:— Laughlin, Nevada
424:
319:
120:Enterprise, Nevada
1465:
1464:
896:Casino City Times
869:Casino City Times
832:. 20 January 2005
530:Reno (1 location)
475:— Pahrump, Nevada
469:— Pahrump, Nevada
441:Las Vegas, Nevada
207:company based in
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871:. 7 January 2008
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788:
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782:. Archived from
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730:
719:
713:
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502:PT's Brewing Co
458:Gold Town Casino
432:Laughlin, Nevada
384:Laughlin, Nevada
296:The Siegel Group
194:
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1120:Velotta, Rick.
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806:lasvegassun.com
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619:
582:Sean Patrick's
499:
488:
462:Pahrump, Nevada
416:
411:
403:Century Casinos
399:Vici Properties
331:Terrible Herbst
323:Affinity Gaming
315:Pahrump, Nevada
281:Hard Rock Hotel
257:Station Casinos
249:
203:is an American
188:
174:
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129:
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60:
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1457:Colorado Belle
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1341:External links
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1332:. 7 June 2024.
1321:
1318:. 7 June 2024.
1307:
1282:
1270:Review Journal
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817:
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786:on 2006-08-21.
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623:Colorado Belle
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376:Colorado Belle
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215:that operates
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780:Las Vegas Sun
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702:Schedule 13-D
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233:Blake Sartini
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229:Golden Gaming
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133:Blake Sartini
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85:Golden Gaming
84:
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1299:. Retrieved
1295:
1285:
1273:. Retrieved
1269:
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1248:. Retrieved
1238:
1227:. Retrieved
1223:
1213:
1202:. Retrieved
1200:. 2018-03-15
1197:
1188:
1177:. Retrieved
1173:
1163:
1152:. Retrieved
1150:. 2017-10-23
1147:
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1126:. Retrieved
1115:
1104:. Retrieved
1100:
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1079:. Retrieved
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1054:. Retrieved
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1028:. Retrieved
1024:
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1002:. Retrieved
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978:26 September
976:. Retrieved
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951:. Retrieved
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925:. Retrieved
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911:
899:. Retrieved
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873:. Retrieved
868:
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834:. Retrieved
829:
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809:. Retrieved
805:
784:the original
779:
769:
757:. Retrieved
753:
727:. Retrieved
717:
706:. Retrieved
696:
685:. Retrieved
681:
601:Sierra Gold
489:
396:
373:
357:Stratosphere
350:
346:
339:
320:
293:
289:
278:
271:
264:
261:
252:
250:
228:
200:
199:
116:Headquarters
57:Russell 2000
31:Company type
571:PT's Ranch
549:PT's Place
382:casinos in
300:United Coin
225:slot routes
162:Lyle Berman
79:Predecessor
62:S&P 600
1472:Categories
1301:2023-09-04
1250:2019-01-14
1229:2019-01-14
1204:2020-02-12
1179:2017-06-12
1154:2020-02-12
1106:2016-05-14
1081:2016-02-02
1056:2015-01-26
1030:19 October
953:2012-08-24
901:19 October
875:19 October
836:2020-02-12
811:2020-02-12
729:2015-10-09
708:2015-08-05
687:2015-08-05
660:References
535:PT's Gold
335:Nye County
304:Gold Spike
209:Enterprise
128:Key people
108:2015-08-03
1441:The Strat
1275:April 23,
1101:Vegas Inc
1076:Vegas Inc
596:Las Vegas
557:PT's Pub
505:Las Vegas
409:Divisions
380:Edgewater
190:goldenent
64:component
59:component
43:Traded as
1395:Maryland
927:22 March
521:Lucky's
367:and the
69:Industry
1004:1 March
759:5 March
593:SG Bar
327:Pahrump
247:History
221:taverns
217:casinos
185:Website
106: (
98:Founded
51::
1450:Former
1413:Nevada
1128:7 July
617:Former
392:Sparks
302:: the
235:) and
213:Nevada
205:gaming
179:(2015)
177:7,200
144:Brands
122:, U.S.
73:Gaming
49:Nasdaq
35:Public
164:(11%)
152:Owner
1277:2019
1130:2017
1032:2011
1006:2012
980:2011
929:2012
903:2011
877:2011
761:2012
401:and
378:and
223:and
192:.com
147:PT's
53:GDEN
390:in
137:CEO
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