Golden Entertainment has completed the acquisition of two Nevada Based Casino resort, as the company also completes the repurchase of approximately 1.2 million common shares.
The two laughlin based properties, Colorado Belle and Edgewater, adjacent to the company’s Aquarius Casino Resort, have been completed in a Cash and stock transaction from Marnell Gamings.
Taking its total operations to ten casino resorts, nine in Southern Nevada and one in Maryland, that golden now owns, the firm also operates video gaming devices at nearly 1,000 locations throughout Nevada and Montana, including its wholly owned Nevada taverns.
Blake Sartini, Chairman and Chief Executive officer of Golden Entertainment, said: “The acquisition of these properties complement our market leading Aquarius Casino Resort in Laughlin, and grows our portfolio of wholly owned Southern Nevada Casino resorts.
” Golden is excited to integrate the Colorado Belle and the Edgewater, and we welcome their guests and team members to the Golden Family.”