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Golden Gaming agreed in January 2015 to merge with Lakes Entertainment. Sartini would own 35% of the company and serve as its chief executive officer. [16] The merger was completed on August 3, 2015, establishing Golden Entertainment. [1] The company expanded into Montana in 2016, purchasing slot routes with 2,800 machines for a total of $45 ...
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Blake L. Sartini, chairman and chief executive officer of Golden Entertainment, Inc. (NASDAQ:GDEN), began his role in 2015 as part of the company’s $341 million merger with Minnesota-based Lakes Entertainment.
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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.