Golden Entertainment Inc (OQ:GDEN)
Business Focus: Casinos & Gaming
| Sector: Consumer Cyclicals | Industry: Casinos & Gaming |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 6595 S Jones Blvd LAS VEGAS NV 89118-3337 |
| Tel: | N/A |
| Website: | https://www.goldenent.com |
| IR: | See website |
| Key People | ||
| Blake L. Sartini Chairman of the Board, Chief Executive Officer, Director | Charles H. Protell President, Chief Financial Officer, Treasurer | Blake L. Sartini Chief Operating Officer, Executive Vice President |
| Thomas Edwin Haas Senior Vice President, Chief Accounting Officer | Stephen A. Arcana Chief Development Officer | |
| Business Overview |
| Golden Entertainment, Inc. owns and operates a diversified entertainment platform, consisting of a portfolio of gaming and hospitality assets that focuses on casino and branded tavern operations. The Company operates over 5,600 slots, over 100 table games, and over 6,000 hotel rooms. The Company owns approximately eight casinos and 69 gaming taverns in Nevada. The Company's segments include Nevada Casino Resorts, Nevada Locals Casinos, and Nevada Tavern. The Nevada Casino Resorts segment consists of destination casino resort properties offering a variety of food and beverage outlets, entertainment venues and other amenities. The Nevada Locals Casinos segment consists of casino properties that cater to local customers who generally live within a five-mile radius. The Nevada Taverns segment consists of branded tavern locations, where the Company controls the food and beverage operations as well as the slot machines located within the tavern. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Golden Entertainment Inc revenues decreased 6% to $1.05B. Net income increased from $82.3M to $255.8M. Revenues reflect Distributed Gaming segment decrease of 12% to $320.7M, Nevada Taverns segment decrease of 1% to $109.2M. Net income reflects Rental Expense decrease of 10% to $50.1M (expense), Depreciation - Balancing value decrease of 6% to $86M (expense). |
| Employees: | 5,800 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $1,489M as of Dec 31, 2023 |
| Annual revenue (TTM): | $1,053M as of Dec 31, 2023 |
| EBITDA (TTM): | $197.01M as of Dec 31, 2023 |
| Net annual income (TTM): | $255.76M as of Dec 31, 2023 |
| Free cash flow (TTM): | $33.33M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $505.57M as of Dec 31, 2023 |
| Shares outstanding: | 28,948,741 as of Mar 28, 2024 |
| Index Membership: | S&P 600 Small Cap |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.