Golden Entertainment (GDEN)
Operates Nevada casinos and taverns serving tourists and local patrons.
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Golden Entertainment is a former Nasdaq-listed gaming and hospitality operator focused on Nevada casinos and branded taverns. Its portfolio centers on The STRAT, Laughlin and Pahrump properties, Arizona Charlie’s local casinos, and PT’s-related tavern brands.
Golden Entertainment built a Nevada-focused gaming and hospitality business around two customer groups: destination visitors at casino resorts and repeat local patrons at neighborhood casinos and taverns. Its casino portfolio includes The STRAT in Las Vegas, Aquarius and Edgewater in Laughlin, Arizona Charlie’s in Las Vegas, and three Pahrump properties, while its tavern business operates PT’s and related brands with food, drinks and limited slot play.
Recent reporting organized the company into Nevada Casino Resorts, Nevada Locals Casinos and Nevada Taverns, after the sale of its distributed gaming routes and Rocky Gap casino. In April 2026, the shareholder-approved transaction with Blake Sartini affiliates and VICI closed; the operating business shifted to private control and the former GDEN stock was suspended from Nasdaq. The business remains tied to Nevada visitation, local gaming demand, labor costs, gaming regulation and competition from casinos, taverns and online gaming.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Dec 31, 2025Cash & short-term investments $55.3M · Total debt $587.4M · Total assets $1.02B · Shareholders' equity $420.9M
- Revenue
- $155.6M
- Operating income
- $6.2M
- Net income
- −$8.5M
HistoryDividendAnnual yield
| Insiders | 4.89% | 1.28M shares | |
|---|---|---|---|
| 3 holders · as of Apr 30, 2026 | |||
| Strategic holders | 11.06% | 2.90M shares | |
| 1 holder · as of Jan 27, 2026 | |||
| Other | 84.05% | 22.02M shares | |
| remainder | |||
26.20M company shares as of Sep 23, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
William Blair Investment Management, LLCStrategic | 11.06% | 2.90M | filed Jan 27, 2026 |
Blake L. Sartini1Insiderdirector, 10 percent owner, officer: Chairman and CEO | 3.77% | 6.33M | filed Apr 30, 2026 |
Blake L. II SartiniInsiderofficer: EVP of Operations | 0.96% | 251,643 | filed Apr 30, 2026 |
Thomas Edwin HaasInsiderofficer: SVP of Accounting | 0.15% | 39,681 | filed Mar 14, 2025 |
Andy ChienInsiderdirector | 0.00% | 0 | filed Apr 30, 2026 |
- Blake L. Sartini's transaction reports restate only vehicles that traded; the 2025 ownership statement (6.33M) less the 5.34M net shares sold since is used instead.
Insider tradesForm 4
No open-market trades in the last 12 months.
Not reported.