Nevada Gaming Commission approves Golden Entertainment take-private deal
The Nevada Gaming Commission approved Golden Entertainment’s move to become privately held. Golden is selling its operating assets to company chief executive Blake Sartini and affiliates, and seven casino real estate assets to VICI Properties under a sale-leaseback; 99% of shareholders approved the deal, which is due to close in the second quarter.
The approval advances Golden’s sale of operating assets and casino real estate as it becomes privately held.