Golden Entertainment completes Montana distributed gaming sale

Wednesday, September 13, 2023 8:46 PM
  • Buck Wargo, CDC Gaming

Golden Entertainment announced Wednesday that it completed the sale of its distributed gaming operations in Montana to J&J Ventures Gaming.

J&J Gaming acquired Golden Entertainment’s Montana distributed gaming operations for $109 million, plus purchased cash of $5 million.

The company’s previously disclosed sale of its Nevada distributed gaming operations to J&J Gaming remains pending, including awaiting gaming regulatory approvals.

Latham & Watkins LLP acted as legal counsel to Golden Entertainment in connection with this transaction.

Golden Entertainment operates more than 12,000 slots, more than 100 table games, and more than 6,000 hotel rooms. It owns eight casinos in Southern Nevada and 65 gaming taverns in Nevada. Through its distributed gaming operations in Nevada, Golden Entertainment operates video gaming devices at more than 600 locations.