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Golden Entertainment, Inc. (GDEN) Q1 2025 Earnings Call Transcript

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Golden Entertainment, Inc. (GDEN) Q1 2025 Earnings Call Transcript

Golden Entertainment, Inc. (NASDAQ:GDEN) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ETCompany ParticipantsJames Adams - Vice President of...
Golden Entertainment, Inc. (GDEN) reported its Q1 2025 earnings, highlighting a revenue of $174.3 million, a slight decrease from $177.1 million in the previous year, primarily due to a decline in Nevada Casino Resorts revenue. Despite this, the company saw a significant increase in EBITDA to $50.1 million from $46.1 million, driven by strong performances in the Tavern and Local Casino segments. The Nevada Casino Resorts segment faced challenges from lower gaming volumes and increased competition, but the company remains optimistic about future growth, supported by strategic investments and operational efficiencies. GDEN also discussed ongoing projects, including the development of the Durango Casino & Resort, and provided updates on their share repurchase program, having bought back 1.2 million shares for $35.7 million in the quarter.

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