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Golden Entertainment, Inc. (NASDAQ: GDEN) Set to Capitalize on the Immensity of the US Gambling Market

Billions of dollars are generated from the U.S. gambling market each year. Despite a new movement toward online gambling, especially in the United Kingdom, physical brick and mortar casinos are still dominating in terms of revenue.

A political aspect that could impact the casino industry in the U.S. is the election of Donald Trump. Although moral issues still surround the market, the new president has close affiliations with the casino industry. In 2015, gross gaming revenue (GGR) came in at over 40%, but in 2016, according to CasinoNewsDaily.com (http://nnw.fm/6LdvT), the U.S. was at the top of the full-year losses chart, the number representing the amount staked by gambling customers minus payouts.

According to InvestmentWatchBlog.com (http://nnw.fm/4cJVw), the casino annual growth rate in Nevada came in at 4.5% between 2011 and 2015, with a market growth during that period of 7.3%. Despite it not being known how much revenue makes up the online casino industry compared to the brick and mortar casino industry, slots make up 50% of gaming revenue in Nevada.

Golden Entertainment, Inc. (NASDAQ: GDEN), the largest branded tavern operator in Nevada and a market leader in distributed gaming, is set to capitalize on the immensity of the U.S. gambling market through its robust development and acquisition pipeline, which included the acquisitions of C. Lohman Games, Inc. in January 2016, and Amusement Services, LLC in April of the same year. The company now has over 10,000 devices in over 1,000 locations across the United States, including Pahrump Nugget Hotel & Casino, Gold Town Casino, and Lakeside Casino & RV Park, all of which are in Nevada.

Golden Entertainment has multiple paths to achieve meaningful growth. For 2017, the company has seven new taverns under development with a robust pipeline of new-build sites. The company plans to acquire smaller distributed gaming operators that lack the scale to compete in profitability, as well as regional casino assets, and also to reinvest in existing casino properties, such as its Rocky Gap and Pahrump facilities.

Golden Entertainment currently owns rights to potential distributed gaming locations and aims to pioneer new distributed gaming jurisdictions across the country. Additionally, by merging with public gaming operators, the company is offering the potential for increased liquidity to shareholders.

For more information, visit www.GoldenEnt.com

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