OverviewSuggest Edit

Golden Entertainment is a gaming company that operates casinos, taverns, and slot routes. The Company has two reportable operating segments: Distributed Gaming and Casinos. Distributed Gaming segment involves the installation, maintenance and operation of gaming and amusement devices in certain strategic, high-traffic, non-casino locations (such as grocery stores, convenience stores, restaurants, bars, taverns, saloons and liquor stores), and the operation of traditional, branded taverns targeting local patrons. Casinos segment includes Rocky Gap Casino Resort in Flintstone, Maryland and three casinos in Pahrump, Nevada: Pahrump Nugget Hotel Casino, Gold Town Casino, and Lakeside Casino & RV Park.

TypePublic
Founded1998
HQLas Vegas, US
Websitegoldenent.com
Employee Ratings2.2
Overall CultureD-

Latest Updates

Employees (est.) (Dec 2019)8,000(+16%)
Job Openings23
Revenue (FY, 2019)$973.4 M(+15%)
Share Price (Nov 2020)$15.9 (+3%)
Cybersecurity ratingDMore

Key People/Management at Golden Entertainment

Blake L. Sartini

Blake L. Sartini

Chairman of the Board
Stephen Arcana

Stephen Arcana

Executive Vice President and Chief Operating Officer
Charles H. Protell

Charles H. Protell

Executive Vice President, Chief Strategy and Financial Officer
Sean T. Higgins

Sean T. Higgins

Executive Vice President of Compliance & Government Affairs, Chief Legal Officer
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Golden Entertainment Office Locations

Golden Entertainment has offices in Las Vegas, Flintstone and Reno
Las Vegas, US (HQ)
6595 S Jones Blvd
Flintstone, US
16701 Lakeview Rd NE
Reno, US
1050 Terminal Way
Show all (3)

Golden Entertainment Financials and Metrics

Golden Entertainment Revenue

Golden Entertainment's revenue was reported to be $973.41 m in FY, 2019
USD

Revenue (Q3, 2020)

145.5m

Gross profit (Q3, 2020)

69.4m

Gross profit margin (Q3, 2020), %

47.7%

Market capitalization (16-Nov-2020)

449.2m

Closing stock price (16-Nov-2020)

15.9

Cash (30-Sept-2020)

100.4m

EV

1.7b
Golden Entertainment's current market capitalization is $449.2 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

11.0m38.8m55.2m177.0m403.2m509.8m851.8m973.4m

Revenue growth, %

46%219%117%

General and administrative expense

10.2m19.3m22.6m38.7m68.2m103.5m183.9m225.8m

Operating expense total

10.6m20.8m24.0m41.0m73.7m110.3m199.2m247.2m
Quarterly
USDQ2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.5m3.6m3.3m8.5m15.5m12.3m14.1m15.9m15.3m62.5m91.0m102.6m104.2m106.6m110.5m108.3m214.8m216.5m210.3m239.9m248.1m243.3m207.2m76.0m145.5m

Cost of goods sold

76.1m

Gross profit

69.4m

Gross profit Margin, %

48%
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

32.5m37.9m35.4m69.2m46.9m90.6m116.1m111.7m

Accounts Receivable

3.0m6.7m14.7m12.8m16.2m

Prepaid Expenses

1.3m1.8m1.8m6.8m19.4m17.7m19.9m

Inventories

2.6m5.6m6.8m8.2m
Quarterly
USDQ2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

35.2m28.8m23.4m26.8m41.9m36.7m38.2m33.4m42.5m43.2m66.5m61.7m40.0m45.2m49.8m42.9m133.7m140.3m132.4m108.3m116.7m123.8m301.8m86.2m100.4m

Accounts Receivable

24.0k4.5m5.0m5.9m6.4m9.1m14.0m13.3m15.1m16.1m15.3m13.9m12.0m13.8m13.3m

Prepaid Expenses

1.2m1.9m2.5m1.1m1.1m2.1m2.4m2.4m3.1m7.6m5.5m9.6m16.8m16.8m16.8m21.4m21.3m19.0m20.6m15.2m20.1m

Inventories

2.5m2.7m2.6m3.2m3.0m2.7m5.4m6.9m5.9m7.1m8.6m7.4m7.1m6.6m6.1m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

3.2m18.7m(24.8m)24.5m16.3m2.2m(20.9m)(39.5m)

Depreciation and Amortization

675.0k3.0m3.5m10.8m27.5m40.8m94.5m116.6m

Accounts Payable

1.8m221.0k517.0k900.0k2.8m(22.6m)(4.9m)11.6m

Cash From Operating Activities

12.2m3.5m1.3m9.3m37.4m22.1m98.0m113.9m
Quarterly
USDQ2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

2.2m1.2m(333.0k)(89.0k)19.5m(1.8m)(1.7m)(24.8m)(1.9m)1.1m2.2m5.0m6.3m5.3m7.1m15.6m3.9m7.5m4.4m(8.0m)(22.4m)(31.9m)(32.6m)(111.2m)(118.1m)

Depreciation and Amortization

106.0k335.0k257.0k717.0k1.5m853.0k1.7m2.6m1.8m6.9m5.8m12.6m19.9m6.6m14.0m21.5m25.2m48.1m71.4m27.3m57.2m86.9m31.2m63.1m94.6m

Inventories

2.7m

Accounts Payable

326.0k1.4m1.4m952.0k996.0k51.0k937.0k265.0k(474.0k)(1.1m)3.0m(2.4m)16.2m(5.4m)(6.2m)(10.3m)277.0k8.7m17.9m(492.0k)(1.8m)1.7m
USDQ2, 2013

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.1 x
Show all financial metrics

Golden Entertainment Cybersecurity Score

Cybersecurity ratingPremium dataset

D

66/100

SecurityScorecard logo

Golden Entertainment Online and Social Media Presence

Embed Graph

Golden Entertainment Company Culture

  • Overall Culture

    D-

    50/100

  • CEO Rating

    F

    42/100

  • Compensation

    D-

    45/100

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Golden Entertainment News and Updates

Golden Entertainment, Inc. Announces Data Security Incident

LAS VEGAS, Jan. 31, 2020 /PRNewswire/ -- Golden Entertainment, Inc. ("Golden Entertainment") is notifying some of our customers, employees, and vendors of an incident involving unauthorized access to some of our employees' email accounts that we recently addressed. This notice explains...

Golden Entertainment agrees to buy American Casino for $850 mln

Golden Entertainment has agreed to acquire American Casino & Entertainment Properties LLC for $850 million. American Casino owns several properties in Las Vegas, which includes the Stratosphere Casino, Hotel & Tower, Arizona Charlie’s Decatur and Arizona Charlie’s Boulder. J.P. Morgan Securi…

Golden Entertainment Blogs

THIRD QUARTER 2018 CONFERENCE CALL

Thursday, November 8 4:30pm ET/1:30pm PT Call 844.465.3054 (within US) 480.685.5227 (international) passcode is 7967628 OR Click here to register via desktop The post THIRD QUARTER 2018 CONFERENCE CALL appeared first on Golden Entertainment.

Golden Entertainment to Report 2018 Third Quarter Results on November 8 and Host Conference Call and Webcast

LAS VEGAS, NV, November 1, 2018 – Golden Entertainment, Inc. (NASDAQ:GDEN) (“Golden Entertainment” or the “Company”) announced today that it will release its 2018 third quarter financial results after the market closes on Thursday, November 8, 2018, and host a conference call and simultaneous webcas…

Golden Entertainment, Inc. Announces Expanded Relationship with William Hill – William Hill, America’s Leading Bookmaker, to Manage all Golden Entertainment Race and Sports Wagering Operations, Including Potential Future Opportunities in Maryland and Montana

LAS VEGAS (Oct. 2, 2018) – Golden Entertainment, Inc. (NASDAQ:GDEN) has entered into a long-term agreement with William Hill, the leading bookmaker in America, to manage the company’s race and sports operations in Nevada, Maryland and Montana. This expands upon Golden Entertainment’s existing agreem…

PT’s Taverns to Hit the Ice for Hockey Season with Buzzer-Beating Promotions

LAS VEGAS – Sept. 28, 2018 – Go for the goal at PT’s Taverns! PT’s Taverns, with 60 locations throughout the Las Vegas Valley and Nevada, including PT’s Pub, PT’s Gold, PT’s Ranch, PT’s Brewing Company, Sean Patrick’s, Sierra Gold and SG Bar, will offer gaming, dining and beverage promotions during …

Vegas Golden Knights Announce Official Partnership With Golden Entertainment

LAS VEGAS – September 28, 2018 – Golden Entertainment, Inc. (NASDAQ:GDEN) is now an “Official Partner of the Vegas Golden Knights” through a multi-year agreement that will begin with the 2018/2019 season. “All of us at Golden Entertainment, from Stratosphere on the Strip to PT’s Taverns throughout N…

The 100 Best Restaurants for Wine Lovers: OpenTable Releases Its Latest List

The 100 Restaurants in America With the Best Wine Lists Top of the World Restaurant, Stratosphere Hotel (Las Vegas, Nevada) Call it The Big Grape. New York City topped OpenTable’s latest list: the 100 Best Restaurants for Wine Lovers. The city’s 12 honorees—which include heralded institutions such a…
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Golden Entertainment Frequently Asked Questions

  • When was Golden Entertainment founded?

    Golden Entertainment was founded in 1998.

  • Who are Golden Entertainment key executives?

    Golden Entertainment's key executives are Blake L. Sartini, Stephen Arcana and Charles H. Protell.

  • How many employees does Golden Entertainment have?

    Golden Entertainment has 8,000 employees.

  • What is Golden Entertainment revenue?

    Latest Golden Entertainment annual revenue is $973.4 m.

  • What is Golden Entertainment revenue per employee?

    Latest Golden Entertainment revenue per employee is $121.7 k.

  • Who are Golden Entertainment competitors?

    Competitors of Golden Entertainment include Dover Downs Gaming & Entertainment, Station Casinos and WDTS.

  • Where is Golden Entertainment headquarters?

    Golden Entertainment headquarters is located at 6595 S Jones Blvd, Las Vegas.

  • Where are Golden Entertainment offices?

    Golden Entertainment has offices in Las Vegas, Flintstone and Reno.

  • How many offices does Golden Entertainment have?

    Golden Entertainment has 3 offices.