Golden Entertainment reports lower casino revenue in Q2 2024
Golden Entertainment reported second-quarter 2024 property revenue of $101m, down 1.4% from $102.5m a year earlier. Adjusted earnings declined to $27.4m from $28m, while same-store tavern revenue fell 2.4%. The company also reported record second-quarter hotel revenue at The Strat, up 14%.
Investors can weigh lower property and tavern revenue against record hotel revenue at The Strat.