{"id":264,"date":"2024-06-27T20:16:16","date_gmt":"2024-06-27T17:16:16","guid":{"rendered":"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/2024\/06\/27\/regional-business-holdings-aid-golden-entertainment-recovery-in-q3\/"},"modified":"2024-06-27T20:16:16","modified_gmt":"2024-06-27T17:16:16","slug":"regional-business-holdings-aid-golden-entertainment-recovery-in-q3","status":"publish","type":"post","link":"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/2024\/06\/27\/regional-business-holdings-aid-golden-entertainment-recovery-in-q3\/","title":{"rendered":"Regional Business Holdings Aid Golden Entertainment Recovery in Q3"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/WE7N_Gc_Luw\" frameborder=\"0\" allowfullscreen><br>\n<\/iframe><\/p>\n<p>Golden Entertainment\u2019s third-quarter earnings bounced back, driven by its varied regional business holdings \u2013 iGB<\/p>\n<p>The gambling firm stated its diversified regional property holdings aided the company to recover from the effects of the COVID-19 closure in the third quarter of this year.<\/p>\n<p>Home &gt; Casinos &amp; Gaming &gt; Brick-and-Mortar Casinos &gt; Regional Business Holdings Aid Golden Entertainment Recovery in Q3<\/p>\n<p>Regional Business Holdings Aid Golden Entertainment Recovery in Q3<br>\nFollowing a better-than-anticipated second quarter, Golden Entertainment saw its income decrease by 69.4% year-over-year, the company narrowed its year-over-year decline in the third quarter (ending September) to 15.6%, or $205.4 million.<\/p>\n<p>Of this, gambling income was $145.5 million, up 2.1% from the third quarter of 2019. However, hotel and food and drink contributions saw a larger decline as its properties were affected by COVID-19 restrictions.<\/p>\n<p>Hotel room income fell 36.3% to $22.5 million, while food and drink income declined 43.9% to $28.7 million. The company generated $8.7 million in income from other sources.<\/p>\n<p>Chairman and CEO Blake Sartini remarked: \u201cOur financial performance has rebounded swiftly from the impact of the mandated shutdown in March, reflecting the advantages of our diversified local and regional gambling portfolio and the adjustments we have made in managing our business.\u201d<\/p>\n<p>The majority of third-quarter income came from Golden Entertainment\u2019s casinos in Nevada, including The Strat (formerly the Stratosphere), which accounted for $114.8 million of total income. Another $48. <\/p>\n<p>While Nevada temporarily halted bar service from the middle of July to the end of September, the business earned zero dollars from its Nevada dispersed gaming operations (machines in locations not owned by the company).<\/p>\n<p>Satini stated, \u201cWe have resumed bar service in all of our pubs and are observing more typical operating patterns across our holdings.\u201d<\/p>\n<p>The company\u2019s scattered gaming network in Montana produced an extra $21.9 million in income, while its Maryland gambling hall brought in $20.5 million, and $179,000 came from the company\u2019s administrative revenue. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Golden Entertainment\u2019s third-quarter earnings bounced back, driven by its varied regional business holdings \u2013 iGB The gambling firm stated its diversified regional property holdings aided the company to recover from the effects of the COVID-19 closure in the third quarter of this year. Home &gt; Casinos &amp; Gaming &gt; Brick-and-Mortar Casinos &gt; Regional Business Holdings [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Golden Entertainment Q3 Earnings Bounce Back<\/title>\n<meta name=\"description\" content=\"Golden Entertainment\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/2024\/06\/27\/regional-business-holdings-aid-golden-entertainment-recovery-in-q3\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Regional Business Holdings Aid Golden Entertainment Recovery in Q3\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Golden Entertainment\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/2024\/06\/27\/regional-business-holdings-aid-golden-entertainment-recovery-in-q3\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Unleash Your Winning Spirit at Our Licensed Online Casino\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T17:16:16+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/2024\/06\/27\/regional-business-holdings-aid-golden-entertainment-recovery-in-q3\/\",\"url\":\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/2024\/06\/27\/regional-business-holdings-aid-golden-entertainment-recovery-in-q3\/\",\"name\":\"Golden Entertainment Q3 Earnings Bounce Back\",\"isPartOf\":{\"@id\":\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/#website\"},\"datePublished\":\"2024-06-27T17:16:16+00:00\",\"dateModified\":\"2024-06-27T17:16:16+00:00\",\"author\":{\"@id\":\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Golden Entertainment\",\"breadcrumb\":{\"@id\":\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/2024\/06\/27\/regional-business-holdings-aid-golden-entertainment-recovery-in-q3\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/2024\/06\/27\/regional-business-holdings-aid-golden-entertainment-recovery-in-q3\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/2024\/06\/27\/regional-business-holdings-aid-golden-entertainment-recovery-in-q3\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Regional Business Holdings Aid Golden Entertainment Recovery in Q3\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/#website\",\"url\":\"https:\/\/clubplayercasino150nodepositbonuscodes2023.icu\/\",\"name\":\"Unleash Your Winning Spirit at Our Licensed Online Casino\",\"description\":\"Explore the dynamic world of online gambling with our up-to-date news, in-depth reviews, and expert articles. 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