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Jun 30, 2021
Golden Entertainment Q2 2021 Earnings Report
Reported record quarterly revenue, net income, and Adjusted EBITDA, demonstrating strong visitation and spend across all properties.
Key Takeaways
Golden Entertainment reported record quarterly revenue of $292 million, net income of $103 million, and Adjusted EBITDA of $91 million for the second quarter of 2021. The company repaid over $50 million of debt and received a $60 million cash payment from Caesars Entertainment.
Achieved record quarterly revenue of $292 million.
Reported net income of $103 million.
Achieved record Adjusted EBITDA of $91 million.
Received $60 million cash payment from Caesars Entertainment.
Forward Guidance
Company expects to continue to reduce leverage through the end of the year which will provide additional strategic flexibility and position them to return capital to shareholders.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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