Wednesday, April 1, 2026 11:14 AM
Golden Entertainment announced that at its special meeting Tuesday shareholders approved the adoption of its previously announced master transaction agreement with casino operator CEO and Board Chair Blake Sartini, affiliates, and VICI Properties.
Closing of the transactions to take the company private is anticipated to occur in the second quarter of 2026 and remains subject to regulatory approvals and the satisfaction of other customary closing conditions, the company announced Wednesday.
Upon completion of the proposed transactions, the company will no longer be publicly held and its shares will be de-listed from the Nasdaq and de-registered under the Securities Exchange Act of 1934.
In November, Golden Entertainment announced that it had entered into definitive agreements to sell its operating assets to Sartini and affiliates and its seven casino real estate assets to VICI Properties Inc. through a sale-leaseback arrangement expected to close mid-2026.
Under the sale-leaseback arrangement, VICI will become Golden’s real estate partner for seven Nevada casino properties: Golden flagship property The STRAT Hotel, Casino & Tower; Arizona Charlie’s Decatur and Arizona Charlie’s Boulder in the Las Vegas locals market; the Aquarius and Edgewater Casino Resorts in Laughlin; and the Nugget Hotel & Casino and Lakeside Hotel & Casino in Pahrump. Golden will continue to own the real estate for Gold Town Casino in Pahrump. Golden Entertainment also operates 72 gaming taverns in Nevada.
The $30 per-share value at signing represents a 41% premium on Golden’s closing price on November 5.
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source cdcgaming.com ’
