Golden Entertainment Enters Into Definitive Agreements to Sell Rocky Gap Casino Resort for $260 Million
Golden Entertainment, Inc. (
NASDAQ: GDEN) (“Golden” or the “Company”) announced today that it entered into definitive agreements to sell Rocky Gap Casino Resort (“Rocky Gap”) for aggregate cash consideration of $260 million. Pursuant to the terms of the agreements, Century Casinos, Inc. (
NASDAQ: CNTY) will acquire the operations of Rocky Gap for $56.1 million, subject to customary working capital adjustments, and VICI Properties Inc. (
NYSE: VICI) will acquire an interest in the land and buildings associated with Rocky Gap for $203.9 million.
