Inside Gaming: Las Vegas casino operator reported down quarter to end 2025
Golden Entertainment Inc. reported a down quarter and net loss for 2025 as it prepares for private ownership and asset sales.Summary
Golden Entertainment Inc. concluded 2025 with a reported down quarter, experiencing an $8.6 million year-over-year revenue decline and a net loss of $8.5 million. Full-year revenue reached $634.9 million, down from $666.8 million in 2024, with a net loss of $6 million compared to a $50.7 million profit the prior year. These results were impacted by a $10.2 million loss from asset disposals. Despite the downturn, Golden continued to issue quarterly dividends. The company is transitioning to private ownership through the sale of its operating assets to CEO Blake Sartini and real estate holdings to VICI Properties Inc., including properties like The Strat and Aquarius. Additionally, MGM Resorts and BetMGM committed $1 million to responsible gaming initiatives, and Macao saw a 4.5% increase in February gaming revenue, boosted by the Lunar New Year. The CFTC also took action against insider trading on the KalshiEx prediction market.
(Source：Las-vegas Review Journal)