Golden Entertainment to Be Acquired by Blake Sartini and Enter Into Sale-Leaseback With VICI Properties

November 6, 2025

Golden Entertainment, Inc. entered into a definitive agreement to sell its operating assets to Blake L. Sartini and affiliates, and to sell seven of its casino real estate assets to VICI Properties in a sale-leaseback transaction. Golden stockholders will receive a fixed exchange ratio of 0.902 shares of VICI common stock and $2.75 in cash per share, with the deal expected to close in mid-2026 subject to approvals and conditions.

Buyers
Blake L. Sartini and affiliates, VICI Properties Inc.
Targets
Golden Entertainment, Inc.
Sellers
Golden stockholders
Industry
Infrastructure
Location
Nevada, United States
Transaction Type
Buyout

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