Golden Entertainment, a gambling operator, has reached definitive agreements to sell its Nevada and Montana distributed gaming operations to J&J Ventures Gaming.
Golden Entertainment will purchase the assets at a total cash consideration of $322.5m and an additional $39.0m in estimated cash purchased cash at closing.
J&J Ventures is a privately owned company and distributed gaming operator that has a presence across a number states. They will acquire Golden’s distributed gambling operations for $213.5m in cash plus an estimated $34.0m purchase.
