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Golden Entertainment, Inc. is an American gaming company based in Enterprise, Nevada that operates casinos and taverns. It was formed in 2015 by the merger of Golden Gaming (founded in 2001 by Blake Sartini ) and Lakes Entertainment .
The company was created on December 31, 1998 as part of the merger between Grand Casinos and Hilton's gaming businesses to form Park Place Entertainment. [1] [2] Park Place acquired Grand's three riverboat casinos in Mississippi, while Grand's other businesses were spun off to Grand's shareholders as Lakes Gaming.
Golden Entertainment owns and operates a diversified portfolio of gaming and hospitality assets, including eight casinos and more than 70 gaming taverns in Nevada with more than 5,400 employees, 5,600 slots, 100 table games, and 6,000 hotel rooms in operation.
The Edgewater opened in 1981. [1] It initially ran into licensing difficulties when the Nevada Gaming Control Board raised concerns about alleged connections between some partners in the ownership group and members of the Detroit crime family; the rest of the group was forced to buy out their shares.
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It was purchased by Golden Entertainment in October 2017 for $850 million. [1] ACEP was a casino holding company headquartered at the Stratosphere Las Vegas . [ 2 ] [ 3 ] ACEP was a wholly owned subsidiary of American Real Estate Partners before it was sold to Whitehall Street Real Estate Funds, an investment arm of Goldman Sachs , in February ...
On November 29, 2005, Harrah's Entertainment announced plans to sell the resort to American Casino & Entertainment Properties (ACEP). The $170-million sale closed on May 19, 2006. ACEP was allowed to continue using the Flamingo name for up to six months after the sale.
International Game Technology PLC (IGT), formerly Gtech S.p.A. and Lottomatica S.p.A., is a multinational gambling company that produces slot machines and other gambling technology.