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🎰 Golden Entertainment Completes Acquisition of American Casino & Entertainment Properties for $850 Million | Business Wire

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Golden Entertainment Completes Acquisition of American Casino & Entertainment Properties for $850 Million | Business Wire
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Golden Entertainment Completes Acquisition of American Casino & Entertainment Properties for $850 Million | Business Wire
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Golden Entertainment Completes Acquisition of American Casino & Entertainment Properties for $850 Million | Business Wire
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Golden Entertainment Completes Acquisition of American Casino & Entertainment Properties for $850 Million | Business Wire
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Golden now operates 16,000 slot machines, 114 table games and 5,162 hotel rooms across eight casino properties and almost 1,000 distributed gaming locations including the largest american casinos and entertainment tavern portfolio in Nevada.
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Through its distributed gaming business in Nevada and Montana, Golden Entertainment operates american casinos and entertainment gaming devices at nearly 1,000 locations and owns nearly 60 traditional taverns in Nevada.
The Company is licensed in Illinois to operate video gaming terminals.
Golden Entertainment is focused on maximizing the value of its portfolio by leveraging its scale, leadership position and proven management capabilities across its two divisions.
For more information, visit.
Non-GAAP Measures Adjusted EBITDA is a non-GAAP financial measure.
This information is not meant to be considered in isolation or as a substitute for measures of financial performance prepared in accordance with GAAP.
In addition, other companies in the gaming industry may calculate Adjusted EBITDA differently than the Company does.
Forward-Looking Statements This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934.
These forward-looking statements are subject to assumptions, risks and uncertainties that may change at any time, and readers are therefore cautioned that actual results could differ materially from those expressed in any forward-looking statements.
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Golden Entertainment Completes Acquisition of American Casino & Entertainment Properties for $850 Million | Business Wire
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Golden now operates 16,000 slot machines, 114 table games and 5,162 hotel rooms across eight casino properties and almost 1,000 distributed gaming locations american casinos and entertainment the largest branded tavern portfolio in Nevada.
In addition, we have the ability to develop approximately 15 acres of excess real estate surrounding the Stratosphere, which we believe has enormous long-term potential.
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We believe that our expanded asset base, strong operating discipline and ability to quickly realize synergies will result in increased free cash flow, allowing us to reduce leverage as well as reinvest in our existing businesses and new growth opportunities.
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Golden Entertainment Completes Acquisition of American Casino & Entertainment Properties for $850 Million | Business Wire
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Golden Entertainment Completes Acquisition of American Casino & Entertainment Properties for $850 Million | Business Wire
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Golden now operates 16,000 slot machines, 114 table games and 5,162 hotel rooms across eight casino properties and almost 1,000 distributed gaming locations including the largest branded tavern portfolio in Nevada.
In addition, we have the ability to develop approximately 15 acres of excess visit web page estate surrounding the Stratosphere, which we believe has enormous long-term potential.
We look forward to quickly integrating the American operations and welcoming their guests and team members to the Golden family.
We believe that our expanded asset base, strong operating discipline and ability to quickly realize synergies will result in increased free cash flow, allowing us to reduce leverage as well as reinvest in our existing businesses and new growth opportunities.
The Company operates approximately 16,000 gaming devices, 114 table games, 5,162 hotel rooms, and provides jobs for more than 7,200 team members.
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Through its distributed gaming american casinos and entertainment in Nevada and Montana, American casinos and entertainment Entertainment operates video gaming devices at nearly 1,000 locations and owns nearly 60 traditional taverns in Nevada.
Golden Entertainment is focused on maximizing the value of its portfolio by leveraging its scale, leadership position and proven management capabilities across its two divisions.
For more information, visit.
Non-GAAP Measures Adjusted EBITDA is a non-GAAP financial measure.
This information is american casinos and entertainment meant to be considered in isolation or as a substitute for measures of financial performance prepared in accordance with GAAP.
In addition, other companies in the gaming industry may calculate Adjusted EBITDA differently than the Company does.
Forward-Looking Statements This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934.
These forward-looking statements are subject to assumptions, risks and uncertainties that may change at any time, and readers are therefore cautioned that actual results could differ materially from those expressed in any forward-looking statements.
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Golden now operates 16,000 slot machines, 114 table games and 5,162 hotel rooms across eight casino properties and almost 1,000 distributed american casinos and entertainment locations including the largest branded tavern portfolio in Nevada.
In addition, we have the ability to develop approximately 15 acres of excess real estate surrounding the Stratosphere, which we believe has enormous long-term potential.
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We believe that our expanded asset base, strong operating discipline and ability to quickly realize synergies will result in increased free cash flow, allowing us to reduce leverage as well as reinvest in our existing businesses and new growth opportunities.
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Through its distributed gaming business in Nevada and Montana, Golden Entertainment operates video gaming devices at nearly 1,000 locations and owns nearly 60 traditional taverns in Nevada.
The Company is licensed in Illinois to operate video gaming terminals.
Golden Entertainment is focused on maximizing the value of its portfolio by leveraging click scale, leadership position and proven management capabilities across its two divisions.
For more information, visit.
Non-GAAP Measures Adjusted EBITDA is a non-GAAP financial measure.
This information is not meant to be considered in isolation or as a substitute for measures of financial performance prepared in accordance with GAAP.
In addition, other companies in the read article industry may calculate Adjusted EBITDA differently than the Company does.
Forward-Looking Statements This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934.
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Golden Entertainment Completes Acquisition of American Casino & Entertainment Properties for $850 Million | Business Wire
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Golden Entertainment Completes Acquisition of American Casino & Entertainment Properties for $850 Million | Business Wire
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Golden Entertainment Completes Acquisition of American Casino & Entertainment Properties for $850 Million | Business Wire
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Golden Entertainment Completes Acquisition of American Casino & Entertainment Properties for $850 Million | Business Wire
Valid for casinos
American Casino & Entertainment Properties LLC
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Golden now operates 16,000 slot machines, 114 table games and 5,162 hotel rooms across eight casino article source and almost 1,000 distributed gaming american casinos and entertainment including the largest branded tavern portfolio in Nevada.
In addition, we have the ability to develop approximately 15 acres of excess real estate surrounding the Stratosphere, which we believe has enormous long-term potential.
We look forward to american casinos and entertainment integrating the American operations and welcoming their guests and team members to the Golden family.
We believe that our expanded asset base, strong operating discipline and ability to quickly realize synergies will result in increased free cash flow, allowing us to reduce leverage as well as american casinos and entertainment in our existing businesses and new growth opportunities.
The Company operates approximately 16,000 gaming link, 114 table games, 5,162 hotel rooms, and provides jobs for more than 7,200 team members.
Golden Entertainment owns eight casino resorts β€” seven in Southern Nevada and one in Maryland.
Through its distributed gaming business in Nevada and Montana, Golden Entertainment operates video gaming devices at american casinos and entertainment 1,000 locations and owns nearly 60 traditional taverns in Nevada.
The Company is licensed in Illinois to operate video gaming terminals.
Golden Entertainment is focused on maximizing the value of its portfolio by leveraging its scale, leadership position and proven management capabilities across its two divisions.
For more information, visit.
Non-GAAP Measures Adjusted EBITDA is a non-GAAP financial measure.
This information is not meant to be considered in isolation or as a substitute for measures of financial performance prepared in accordance with GAAP.
In addition, other companies in the gaming industry may calculate Adjusted EBITDA differently than the Company does.
Forward-Looking Statements This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934.
These forward-looking statements are subject to assumptions, risks and uncertainties that may change at any time, and readers are therefore cautioned that actual results could differ materially from those expressed in any forward-looking statements.
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Golden now operates 16,000 american casinos and entertainment machines, 114 table games and 5,162 hotel rooms across eight casino properties and almost 1,000 distributed gaming locations including the largest branded tavern portfolio in Nevada.
In addition, we have the ability to develop approximately 15 acres of excess real estate surrounding the Stratosphere, which we believe has enormous long-term potential.
We look forward to quickly integrating the American operations and welcoming their guests and team members to the Golden family.
We believe that our expanded asset base, strong operating discipline and ability to quickly realize synergies will result in increased free cash flow, allowing us to reduce leverage as well american casinos and entertainment reinvest in our existing businesses and new growth opportunities.
The Company operates approximately 16,000 gaming devices, 114 table games, 5,162 hotel rooms, and provides jobs for more than 7,200 team members.
Golden Entertainment owns eight casino resorts β€” seven in Southern Nevada and one american casinos and entertainment Maryland.
Through its distributed gaming business in Nevada and Montana, Golden Entertainment operates video gaming devices at nearly 1,000 locations and owns nearly 60 traditional taverns in Nevada.
The Company is licensed in Illinois to operate video gaming terminals.
Golden Entertainment is focused on maximizing the value of its portfolio by leveraging its scale, leadership position and proven management capabilities across its two divisions.
For more information, visit.
Non-GAAP Measures Adjusted EBITDA is a non-GAAP financial measure.
This information is not meant to be considered in isolation or as a substitute for measures of financial performance prepared in accordance with GAAP.
In addition, other companies in the gaming industry may calculate Adjusted EBITDA differently than the Company does.
Forward-Looking Statements This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created just click for source the Securities Act of 1933 and the Securities Exchange Act of 1934.
These forward-looking statements are subject to assumptions, risks and uncertainties that may change at any time, and readers are therefore cautioned that actual results could american casinos and entertainment materially from those expressed in any forward-looking statements.
The Company undertakes no obligation to update any forward-looking statements as a result of new information, future developments or otherwise.
All forward-looking statements in this press release are qualified in their entirety by this cautionary statement.