GOLDEN ENTERTAINMENT COMPLETES TRANSITION TO RETURN TO PRIVATE, FAMILY-OWNED OPERATION
April 30, 2026
LAS VEGAS – April 30, 2026 – Golden Entertainment has successfully completed its transition to a private, family-owned operation following the close of its transaction with our Chairman and CEO Blake L. Sartini and VICI Properties Inc. (NYSE: VICI). The transaction closed on April 30 with Golden Entertainment shareholders receiving a $2.75 cash dividend and 0.902 shares of VICI stock per share of Golden stock.
In connection with the transaction, VICI Properties acquired the real estate assets associated with seven of Golden Entertainment's casino resorts and entered into a triple-net master lease with entities controlled by Blake L. Sartini. Golden Entertainment will continue to operate its full casino and tavern portfolio going forward.
“Returning to private family ownership means we can focus on running our operations without the distractions of being publicly traded, while continuing to deliver an exceptional guest experience across all of our casino properties and taverns," said Chairman and CEO Blake L. Sartini.
About Golden Entertainment
Golden Entertainment operates a diversified entertainment platform of gaming and hospitality assets. The company operates eight casinos and 73 gaming taverns in Nevada featuring approximately 5,500 slots, 80 table games and 6,000 hotel rooms. For more information, visit www.goldenent.com. Photos available for download here.
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