Golden Entertainment goes private after deal with VICI Properties closes

Golden Entertainment has transitioned to a private, family-owned company following a transaction with VICI Properties Inc. The deal, completed on April 30, involved Golden shareholders receiving a $2.75 cash dividend and shares of VICI stock. VICI acquired the real estate assets of seven Golden casino resorts and leased them back to entities controlled by Blake L. Sartini, who will continue to operate Golden's casino and tavern portfolio. This move marks a significant shift in ownership while maintaining operational continuity for Golden Entertainment.