The transaction is expected to close in mid-2023, subject to customary regulatory approvals and closing conditions.īlake Sartini, Chairman and Chief Executive Officer of Golden Entertainment, commented, “Rocky Gap is a truly unique destination resort and I want to thank all of our team members who work hard to consistently deliver a premier gaming and entertainment experience to our guests.

The aggregate cash consideration represents a multiple of approximately 10x Adjusted Property EBITDA for the trailing twelve-month period ended June 30, 2022. (NYSE: VICI) will acquire an interest in the land and buildings associated with Rocky Gap for $203.9 million. (NASDAQ: CNTY) will acquire the operations of Rocky Gap for $56.1 million, subject to customary working capital adjustments, and VICI Properties Inc. Pursuant to the terms of the agreements, Century Casinos, 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.

LAS VEGAS-( BUSINESS WIRE)-Golden Entertainment, Inc.