Golden Entertainment has received shareholder approval for its previously announced master transaction agreement with Chairman and CEO Blake Sartini and Vici Properties, marking a key step toward the company’s transition to private ownership.
The approval was secured during a Special Meeting of Shareholders held on 31 March 2026.
The agreement outlines a series of transactions that will ultimately result in Golden Entertainment being taken private, with its shares delisted from the Nasdaq and deregistered under the Securities Exchange Act of 1934.
Completion of the deal is expected in the second quarter of 2026, subject to regulatory approvals and other standard closing conditions.
Once finalised, the move will conclude a process first outlined in late 2025, when details of the proposed transaction were initially disclosed.
The agreement involves the acquisition of Golden Entertainment’s operating assets by Sartini and affiliated entities, alongside the participation of Vici Properties in a real estate component structured through a sale-leaseback arrangement.
Golden Entertainment is expected to publish final voting results through a regulatory filing in due course, as it moves toward completing the transaction and entering its next phase as a privately held operator.
The shareholder vote represents a significant milestone in a process that has been closely watched by the industry. Golden Entertainment reported a net loss of $8.5m for Q4 2025, with full-year revenue declining 4.8% to $634.9m – a financial backdrop that added context to the decision to pursue a private ownership structure.
Vici Properties, meanwhile, continues to expand its real estate footprint, having also recently backed Pure Casino Entertainment's takeover bid for TSX-listed Gamehost in Canada.
Blake Sartini founded Golden Entertainment in 2001 and has led the company throughout its growth into one of Nevada's largest regional casino and tavern operators, employing around 5,000 people
