NEW ROYAL HOLDCO I INC.
Business
Golden Entertainment owns and operates casino resorts and locals casinos in Nevada, plus branded tavern locations in the Las Vegas area. The company generates revenue from gaming (slot machines and table games), hotel operations, food and beverage, and entertainment services. Operations span three segments: Nevada Casino Resorts (including The STRAT on the Strip), Nevada Locals Casinos (regional properties), and Nevada Taverns (casual venues with limited gaming).
Summary from 10-K filed 2026-02-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Operating Lease, Lease Income | 51 | 56 | 72 | 63 | — | |
| Total revenues | 635 | 667 | 1,053 | 1,122 | — | |
| Other | 17 | 14 | 22 | 20 | — | |
| Selling, general and administrative | 218 | 225 | 256 | 235 | 222 | |
| Depreciation and amortization | 90 | 90 | 89 | 100 | 107 | |
| Loss (gain) on disposal of assets | 10 | −213,000 | −228,000 | 934,000 | 1 | |
| Gain on sale of businesses | 0 | −69 | −303 | 0 | 0 | |
| Preopening expenses | 718,000 | 508,000 | 760,000 | 161,000 | 246,000 | |
| Impairment of assets | 0 | 2 | 12 | 0 | 0 | |
| Total expenses | 613 | 555 | 654 | 974 | 931 | |
| Operating income | 22 | 112 | 399 | 148 | 166 | |
| Interest expense, net | −31 | −35 | −66 | −63 | −63 | |
| Loss on debt extinguishment and modification | 0 | −4 | −2 | −2 | −975,000 | |
| Total non-operating expense, net | −31 | −39 | −67 | −65 | −4 | |
| (Loss) income before income tax benefit (provision) | −9 | 73 | 332 | 83 | 162 | |
| Income tax benefit (provision) | 3 | −22 | −76 | −521,000 | −436,000 | |
| Net (loss) income | −6 | 51 | 256 | 82 | 162 | |
| Basic (in shares) | 26 | 28 | 29 | 29 | 29 | |
| Diluted (in shares) | 26 | 30 | 31 | 32 | 32 | |
| Basic (USD per share) | −0.23 | 1.8 | 8.93 | 2.87 | 5.64 | |
| Diluted (USD per share) | −0.23 | 1.71 | 8.31 | 2.61 | 5.04 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 55 | 58 | 158 | 137 | 221 | |
| Accounts receivable, net of allowance for credit losses of $432 and $97 at December 31, 2025 and 2024, respectively | 14 | 13 | 17 | 20 | 19 | |
| Prepaid expenses and other | 27 | 25 | 23 | — | — | |
| Inventories | 8 | 8 | 8 | 8 | 7 | |
| Total current assets | 104 | 104 | 409 | 245 | 264 | |
| Property and equipment, net | 700 | 751 | 786 | 841 | 904 | |
| Operating lease right-of-use assets, net | 71 | 78 | 79 | 148 | 179 | |
| Goodwill | 87 | 87 | 84 | 158 | 158 | |
| Intangible assets, net | 51 | 53 | 54 | 90 | 98 | |
| Other assets | 6 | 7 | 10 | 16 | 12 | |
| Total assets | 1,018 | 1,080 | 1,452 | 1,509 | 1,616 | |
| Current portion of long-term debt and finance leases | 6 | 5 | 5 | 555,000 | 1 | |
| Current portion of operating leases | 16 | 15 | 14 | 42 | 40 | |
| Accounts payable | 16 | 22 | 19 | 25 | 19 | |
| Income tax payable | 0 | 12 | 42 | 0 | — | |
| Accrued payroll and related | 21 | 17 | 21 | 21 | 31 | |
| Accrued liabilities | 31 | 30 | 35 | 33 | 35 | |
| Total current liabilities | 89 | 101 | 174 | 133 | 127 | |
| Long-term debt, net and non-current finance leases | 427 | 405 | 659 | 900 | 1,010 | |
| Non-current operating leases | 69 | 78 | 81 | 122 | 155 | |
| Deferred income tax liabilities | 12 | 21 | 0 | 53,000 | 2 | |
| Other long-term obligations | 10,000 | 171,000 | 328,000 | 552,000 | 2 | |
| Total liabilities | 597 | 606 | 915 | 1,156 | 1,296 | |
| Commitments and contingencies (Note 13) | — | — | — | — | — | |
| Common stock, $.01 par value; authorized 100,000 shares; 26,185 and 26,511 common shares issued and outstanding at December 31, 2025 and 2024, respectively | 262,000 | 265,000 | 287,000 | 282,000 | 288,000 | |
| Additional paid-in capital | 483 | 482 | 476 | 480 | 478 | |
| Accumulated deficit | −62 | −8 | 61 | −127 | −159 | |
| Total shareholders equity | 421 | 474 | 538 | 353 | 320 | |
| Total liabilities and shareholders equity | 1,018 | 1,080 | 1,452 | 1,509 | 1,616 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Non-cash lease benefit | −402,000 | −380,000 | −15,000 | 165,000 | — | |
| Share-based compensation | 9 | 10 | 13 | 13 | 14 | |
| Amortization of debt issuance costs and discounts on debt | 2 | 2 | 4 | 4 | 4 | |
| Loss (gain) on disposal of assets | 10 | −213,000 | −228,000 | 934,000 | 1 | |
| Provision for credit losses | 416,000 | 159,000 | 643,000 | 753,000 | 631,000 | |
| Deferred income taxes | −9 | 50 | −18 | −14 | 341,000 | |
| Accounts receivable | −1 | 4 | −128,000 | −5 | −6 | |
| Prepaid expenses, inventories and other current assets | −2 | −5 | 12 | −24 | −1 | |
| Other assets | 419,000 | −1 | −609,000 | −4 | −2 | |
| Accounts payable and other accrued expenses | −9 | −46 | 54 | −4 | 14 | |
| Other liabilities | −521,000 | −795,000 | −416,000 | −1 | −791,000 | |
| Net cash provided by operating activities | 83 | 92 | 119 | 150 | 296 | |
| Purchase of property and equipment, net of change in construction payables | −47 | −50 | −86 | −51 | −29 | |
| Acquisition of business, net of cash acquired | 0 | −7 | −10 | 0 | 0 | |
| Proceeds from disposal of property and equipment | 115,000 | 16,000 | 401,000 | 152,000 | 374,000 | |
| Proceeds from sale of businesses, net of cash sold | 0 | 204 | 362 | 0 | 0 | |
| Net cash (used in) provided by investing activities | −47 | 147 | 267 | −51 | −29 | |
| Repayments of revolving credit facility | −20 | 0 | 0 | 0 | 0 | |
| Proceeds from revolving credit facility | 45 | 20 | 0 | 0 | 0 | |
| Repayments of term loan | −4 | −4 | −577 | −75 | — | |
| Issuance of new term loan | 0 | 0 | 400 | 0 | — | |
| Repayments of senior notes | 0 | −276 | −59 | −40 | 0 | |
| Repayments of notes payable | −1 | −661,000 | −2 | −512,000 | −4 | |
| Principal payments under finance leases | −1 | −1 | −527,000 | −541,000 | −6 | |
| Payment for debt extinguishment and modification costs | 0 | −6,000 | −8 | −12,000 | −651,000 | |
| Tax withholding on share-based payments | −8 | −7 | −17 | −11 | −7 | |
| Cash dividend paid | −26 | −21 | −58 | 0 | 0 | |
| Proceeds from issuance of common stock, net of costs | 5,000 | 7,000 | 8,000 | 4,000 | 9,000 | |
| Proceeds from exercise of stock options | 0 | 3 | 0 | 31,000 | 98,000 | |
| Repurchases of common stock | −22 | −92 | −9 | −51 | −11 | |
| Net cash used in financing activities | −38 | −379 | −331 | −177 | −150 | |
| Change in cash and cash equivalents | −2 | −140 | 56 | −79 | 117 | |
| Cash paid for interest | 29 | 42 | 67 | 59 | 58 | |
| Cash paid for income taxes, net | 22 | 9 | 39 | 20 | 0 | |
| Assets acquired under finance lease obligations | 0 | 4 | 0 | 0 | — | |
| Payables incurred for capital expenditures | 1 | 2 | 2 | 5 | 2 | |
| Notes payable incurred for capital expenditures | 3 | 0 | 4 | 0 | 0 | |
| Loss on debt extinguishment and modification | 0 | 4 | 2 | 2 | — | |
| Operating lease right-of-use assets obtained in exchange for lease obligations | 7 | 13 | 9 | 22 | 41 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is NEW ROYAL HOLDCO I INC.'s CIK number?
NEW ROYAL HOLDCO I INC.'s SEC CIK number is 0001071255 (1071255). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find NEW ROYAL HOLDCO I INC.'s SEC filings?
All of NEW ROYAL HOLDCO I INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did NEW ROYAL HOLDCO I INC. last report earnings?
NEW ROYAL HOLDCO I INC. (GDEN) most recently filed an earnings 8-K with the SEC on Feb 27, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001071255-26-000012). This is NEW ROYAL HOLDCO I INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is NEW ROYAL HOLDCO I INC.'s most recent earnings 8-K?
NEW ROYAL HOLDCO I INC.'s latest earnings 8-K (Item 2.02) was filed Feb 27, 2026 under accession 0001071255-26-000012. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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