Laughlin Buzz

Laughlin Buzz

Feb 8, 2019

True Rewards Plays Club

Laughlin, NV

Golden Entertainment, Inc. is rolling out a new players club program, True Rewards to all its properties,   According to the True Rewards *website, the Strat will go live on Feb.19th (2019), and in Laughlin the schedule is: 
Aquarius             March 19th 
Colorado Belle   June 2019 
Edgewater          June 2019

 There are some definite changes to the Aceplay and Access Players Clubs that are currently in use at the Aquarius and Colorado Belle/Edgewater Casinos. 


 There will be 5 levels (with some unusual unique names):

 True
Loyal
Solid
Legit
Epic

 Benefits list for each tier level 



 Points are earned to achieve tier levels as follows: 

 Slot & Video Reel                         $1 = 1 point
Video Poker/Keno/Multigame     $2 = 1 point
Full Pay Video Poker                   $4 = 1 point



Local players have shorter Tier Earning periods and evaluations every 6 months.  Non Locals have 12 months. 
Tier Evaluation
Local - 6 months  
Non-Locals - 12 months

Tier Earning Periods: 
Local - January-June & July-December 
Non-Local - January-December

 FREE parking is a benefit listed at all the card levels.   

 The Resort Fee is waived for True Rewards card players who reach the Legit levels.


Current Card Holders
  • If you are already a member of ace | PLAY, Golden Rewards, Beer & Bites, Checkout Rewards, Gold Mine or Rocky Gap Rewards program, it’s time to make the switch to True Rewards.
  • Get your new True Rewards card at a rewards center within any Golden Entertainment property. Just bring your valid government-issued ID and current rewards card.
  • Any existing points you have on your current card will carry over for a one-to-one transfer.

*


Note:  This information was current as of 2-8-12019 on the True Rewards Website and is subject to change by Golden Entertainment, Inc.
Information and Source of graphics: 
goldenent.com/true-rewards.htm and truerewards.com


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Feb 7, 2019

Festivals and Music in Laughlin - April 2019

Laughlin, Nevada    LaughlinBuzz.Com

Rock N Ribs
April 5-7, 2019
In this 2nd Annual event, there will be Great BBQ and sides from the vendors plus free live rock & roll entertainment by Rebel Heart and Stef’N’Rock!    Vote for the People's Choice award from the BBQ selections.  Plus a Beer Garden, Lemonade Stand, Vendors and more. 

This event will be held in the front of the Casino in the Colorado Belle parking lot.  Festival hours:  Friday 2-10 pm, Saturday 11 am-10 pm, Sunday 11 am to 6 pm.

Country Road Riverwalk Festival 
 April 12-14, 2019
On the Laughlin Riverwalk
Free live entertainment and delicious country cookin’--  
Menu to include Chicken and Dumplings with Mashed Potatoes, Meatloaf with Mushroom Gravy, Chili Cheese Dogs with Fries, French Fries and Deep Dish Bourbon Pecan Pie. 

Festival hours:  Friday 2-10 pm, Saturday 2-midnight, Sunday Noon-7 pm.




Brad Paisley will be performing at the Laughlin Event Center on Saturday, April 13th.   Ticket information can be found at the Laughlin Event Center website. 

21st Annual Blues and Brews Festival 
April 19-21, 2019
On the Laughlin Riverwalk featuring free live blues.
The line up includes Chris Hiatt, John Earl & The BoogieMan Band with Chris Tofield and the PS Band featuring Jonathan Ellison.  


Beer from Pints Microbrewery, including Pints Rehab Red Ale, Pints Golden Ale, Pints What the Puck IPA, Pints Wild Card Ale and Bodacious Blueberry Ale plus Blue Hawaiian Cocktails!       
Festival hours:  Friday & Saturday 2-10 pm, Sunday Noon-7 pm.



37th Annual Laughlin River Run 
April 24-27th 
Free live entertainment during the annual River Run featuring your favorite blues bands-- Chris Hiatt Band, John Earl & The BoogieMan Band with Chris Tofield and the PS Band featuring Jonathan Ellison!  Plenty of vendors, bars and great food will be available for purchase. 


  All details are subject to change by the property hosting the events. 




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Feb 2, 2019

Edgewater and Colorado Belle Sold in $190 Million Deal

 On January 14, 2019, Golden Entertainment Inc.
closed on the deal to purchase the Edgewater and
Colorado Belle Resort Casinos in Laughlin, NV.


Golden Entertainment also owns the Aquarius Casino Resort in Laughlin,
as well as the Stratosphere in Las Vegas and several other Casinos and
gaming taverns and routes in Nevada.



Press Release:
1/14/2019 5:00:16 PM 
Company Has Repurchased Approximately 1.2 million Common Shares Pursuant to Repurchase Authorization

LAS VEGAS--(BUSINESS WIRE)--Jan. 14, 2019-- Golden Entertainment Inc. (NASDAQ:GDEN) ("Golden" or the "Company") announced today that it completed its previously announced acquisition of Colorado Belle Gaming, LLC and Edgewater Gaming, LLC ("Colorado Belle and Edgewater") from Marnell Gaming, LLC in a cash and stock transaction.

The acquisition of the Colorado Belle and Edgewater adds two casino resorts adjacent to Golden’s Aquarius Casino Resort in Laughlin. Golden Entertainment now owns ten casino resorts - nine in Southern Nevada and one in Maryland. In addition, Golden also operates video gaming devices at nearly 1,000 locations throughout Nevada and Montana, including its wholly-owned Nevada taverns.

Blake L. Sartini, Chairman and Chief Executive Officer of Golden Entertainment, commented, "The acquisition of these properties complements our market-leading Aquarius Casino Resort in Laughlin and grows our portfolio of wholly-owned Southern Nevada casino resorts. Golden is excited to integrate the Colorado Belle and the Edgewater, and we welcome their guests and team members to the Golden family."

The purchase consideration consisted of $155 million cash and approximately 911,000 shares of Golden Entertainment common stock. Golden paid the cash portion of the purchase price using $10 million of cash on hand and $145 million from its existing revolving credit facility.

Prior to the closing, Golden purchased approximately 1.2 million Golden shares in the open market at an average price of $16.06 under Golden’s stock repurchase authorization.

About Golden Entertainment, Inc.

Golden Entertainment owns ten casino resorts - nine in Southern Nevada and one in Maryland. Through its distributed gaming business in Nevada and Montana, Golden Entertainment operates video gaming devices at nearly 1,000 locations and owns over 60 traditional taverns in Nevada. The Company operates approximately 17,400 gaming devices, 154 table games, 7,316 hotel rooms, and provides jobs for more than 8,400 team members. The Company is licensed in Illinois to operate video gaming terminals. For more information, visit www.goldenent.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190114005753/en/

Source: Golden Entertainment Inc.

Golden Entertainment, Inc.
Charles H. Protell
Chief Financial Officer
702/893-7777

Investor Relations
Joseph Jaffoni, Richard Land, James Leahy
JCIR
212/835-8500 or gden@jcir.com


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Laughlin Visitor Numbers Down 7.5% in December, Down 2.3% for 2018

Laughlin, NV
LaughlinBuzz.Com

The Las Vegas Visitor and Convention Authority reported the December
Visitor Statistics as well as the yearly numbers.  

Gaming Revenue was up 4.52% in Laughlin for the month of December,
yet Visitor Numbers to Laughlin was down ‐7.3% 
Source:  LVVCA document
Laughlin:
December Visitor Numbers (2018)   120,500  
December Visitor Numbers (2017)   130,000  

 The Visitor Volume for the entire year (2018) was 1,895,800 compared to 1,941,000 in 2017, this is a decrease of -2.3% 

 Visitor Numbers - Breakdown by Month for 2018
 
January         3.8%

 February       -0.2%

March            0.7%

April -1.5%

May               -2.2%

June              1.8%

July               -4.4%

August -1.2%

September -6.3%

October    -6.5%

November     -5.0%

December     -7.5%
================
2018    -2.3%

Source:  LVVCA https://www.lvcva.com/stats-and-facts/visitor-statistics/


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Feb 1, 2019

Laughlin Gaming Win for December 2018 was up 4.52% to $32.6 Million

Laughlin, NV

 LaughlinBuzz.Com
Gaming Revenue (Win) Reports

 Laughlin ended up with a positive gaming win for the month of December and the year (2018). 


The Nevada Gaming Control Board reported a Nevada gaming win of $999,664,756 for December of 2018 (compared to the same period in 2017).
This is an increase of 4.11%

Laughlin November gaming win was up 4.52% to $32.6 Million


The Vegas Strip was the only area in Clark County that was down.  In comparison, Downtown Las Vegas, North Las Vegas and Boulder Highway reported high double-digit gaming win increases.

Breakdowns by area:

Las Vegas Strip                   $566,214,770      down  -0.93%
Downtown Las Vegas         $59,196,538        up       +26.56%
North Las Vegas                  $23,279,321        up       +18.07%
Laughlin                              $32,645,035        up       +4.52%  
Boulder Strip                       $68,097,400        up       +44.72%
Mesquite                              $11,062,273        up       +0.60%

 Source; https://gaming.nv.gov/modules/showdocument.aspx?documentid=14322


2018 Yearly Gaming Numbers

Laughlin gaming win was $509.1 Million up 3.31%
for the Twelve Months - 1/1/2018 to 12/31/2018
compared to the same period in 2017

 Source: https://gaming.nv.gov/modules/showdocument.aspx?documentid=14325


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