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Golden Entertainment plans to open seven new taverns in 2017

10 January 2017

(PRESS RELEASE) -- Golden Entertainment, Inc., the largest traditional tavern gaming operator in Nevada, announced Tuesday the company currently plans to open seven new taverns in the Las Vegas Valley that are scheduled for completion in 2017.

Five of the taverns will be located in the growing southwest region of Clark County. A sixth location is in the City of Las Vegas' northwest area near Centennial Hills. The seventh tavern is in the Green Valley Ranch section of Henderson. The seven locations include six greenfield developments plus the acquisition of an existing tavern operated by a third party.

The development plans will give Golden Entertainment a total of 60 taverns in Nevada by the end of 2017 and follows the company's 2016 growth activities, which saw Golden Entertainment open five new taverns. The company's tavern brands include PT's Pub, PT's Gold, PT's Ranch, PT's Brewing Co., Sean Patrick's, Sierra Gold and SG Bar.

"Last year marked a milestone of the organic growth of our tavern business, and our 2017 openings will continue our company's goal of expanding our presence and reinvesting in Nevada," said Blake L. Sartini II, senior vice president of distributed gaming for Golden Entertainment. "We expect the continued strength of the Las Vegas local economy to support not only our currently planned 2017 openings, but additional future taverns across all our brands."

The locations currently planned for the 2017 expansion include:
-7355 South Buffalo Drive near West Warm Springs Road – near the Rhodes Ranch residential and golf community.
-South Valley View Boulevard north of Interstate 215 in an existing tavern site.
-4880 West Silverado Ranch Boulevard near South Decatur Boulevard.
-A development site on Blue Diamond Road and South El Capitan Way, near the Mountain's Edge residential community.
-8275 South Fort Apache Road near Huntington Cove Parkway, situated just west of Rhodes Ranch.
-7550 Oso Blanca Road, near North Durango Drive in Centennial Hills.
-A development site in the Green Valley Ranch community of Henderson.

Each new tavern location will offer up to 15 video gaming devices and a wide variety of dining and beverage selections, including award-winning bar food and happy hour options. The seven taverns are expected to create more than 200 full-time and part-time jobs for Southern Nevada residents.

Golden Entertainment, Inc. owns and operates gaming properties across two divisions -- distributed gaming and casino operations.

Golden Entertainment operates more than 12,000 gaming devices and nearly 30 table games in Nevada, Maryland and Montana. The Company owns four casino properties, more than 50 taverns and operates approximately 980 distributed gaming locations in multiple jurisdictions. Golden Entertainment is focused on leveraging its scale, market leadership and proven management capabilities to maximize profitability of its operations and value for its shareholders. For more information, visit Golden Entertainment's website.

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