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Golden Entertainment closes on casino deal

Published 01/14/2019, 05:39 PM
© Reuters.  Golden Entertainment closes on casino deal
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  • Golden Entertainment (NASDAQ:GDEN) announces that it completed its previously announced acquisition of Colorado Belle Gaming and Edgewater Gamin from Marnell Gaming.
  • The purchase cost Golden Entertainment $155M in cash and ~911K shares of shares.
  • The company says the acquisition of the Colorado Belle and Edgewater adds two casino resorts adjacent to Golden's Aquarius Casino Resort in Laughlin.
  • Golden Entertainment now owns a total of ten casinos, nine in Southern (NYSE:SO) Nevada and one in Maryland.
  • Source: Press Release
  • Now read: Super League Gaming Begins U.S. IPO Process


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