Golden Entertainment could use cash from sale to boost Pahrump casinos

Golden Entertainment announced in March of this year that it was selling its distributed gaming operations in Nevada and Montana to J&J Ventures Gaming, a privately held company.

The $322.5 million price tag for that deal, which was recently approved by Nevada gaming regulators, included an additional $39 million that was due at closing. There have been rumors that Golden Entertainment intends to upgrade its Pahrump, Nevada, casino hotels with a portion of the proceeds.
 
Back
Top