Online Gambling Jamaica ino & Entertainment. The 0 million deal included the two Las Vegas Arizona Charlie’s casinos, as well as the Aquarius Casino in Laughlin. Golden Entertainment says the 0 million Stratosphere renovation will include a makeover of 1,100 rooms, or approximately half of the resort’s inventory. The casino floor will be upgraded, though the company provided little details on what that entails aside from saying it will install a new slot management system and loyalty program. Several new eateries will be incorporated, and its iconic Top of the World restaurant inside the Stratosphere Tower will be refreshed. Golden Entertainment CEO Blake Sartini said 50,000 square feet of convention space will be added in the final phase. free online poker games no download The executive also revealed that the adjacent 16 acres of vacant real estate acquired in the transaction is also being looked at for long-term expansion. With its newly acquired properties, Golden Entertainment now owns eight casinos, with seven in Nevada and one in Maryland. The company is also the parent to roughly 60 Silver State tavern gaming restaurants, and is licensed to manage slot operations in Nevada, Montana, Illinois, and Pennsylvania.

Room for ImprovementThe debate on whether the resort is part of the Strip or downtown area will always be ongoing. Last December, Sartini said “there’s no question” that the Stratosphere is “clearly a Strip property. four winds casino new buffalo mohegan sun casino online pa ”While the CEO’s answer could be challenged, there’s little argument apechanga casino commercialgainst the Stratosphere Tower being one of Las Vegas’ most recognizable landmarks. tachi palace casino news But over the years, the resort property has seen its reputation crumble to the ground. Many locals do not feel 0 million is sufficient. downstream casino and resort slotlady slots Las Vegas Review-Journal readers were quick to quip about the announcement. morongo casino age limit river spirit casino table games online foxwoods promo code “There isn’t enough hand sanitizer in the world for me to ever set foot in the Stratosphere,” one commentator declared. “They need to buy the surrounding 0. map of thunder valley casino 5 miles and demolish it,” another opined.

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But some are a bit more optimistic. “It needs more than 0 million, but it’s a start,” a local Harrah’s employee concluded. Revenue and Losses Up During Thursday’s call, Golden Entertainment announced that while revenues soared during the fourth quarter of 2017 to 4. 3 million, the company lost money due to expenses incurred by the acquisition of American Casino. Jamul Casino Images Ksse Golden Entertainment CFO Charles Protell said the October 1 shooting also led to a reduction in visitation throughout Las Vegas, and subsequently reduced revenue in the company’s first 73 days of owning the Stratosphere. youtube free casino slot games However, Sartini says the company is seeing “cross-play trends, with our tavern customers visiting the Stratosphere, Aquarius, and Arizona Charlies. ”Union Gaming analyst John DeCree is sold that investors should rush to get their hands on Golden Entertainment shares. valley forge casino login “We like both the value and growth opportunity,” DeCree stated in his “buy” rating recommendpechanga casino commercialation. twin river casino new years eve Traded on NASDAQ, Golden Entertainment closed down 1.

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