Golden Entertainment to sell gaming operations in Nevada and Montana
| By Robert Fletcher
Gambling operator Golden Entertainment has entered into definitive agreements to divest its distributed gaming operations in Nevada and Montana to J&J Ventures Gaming.
![](https://igamingbusiness.com/img-srv/z7sV1VjQ94NH_tyW-A7vDPV13YsZNG0lmbE2kxXdrVo/resizing_type:auto/width:0/height:0/gravity:sm/enlarge:1/ext:webp/strip_metadata:1/quality:90/bG9jYWw6Ly8vaWdhbWluZ2J1c2luZXNzLmNvbS93cC1jb250ZW50L3VwbG9hZHMvMjAyMC8wOC9hY2hpZXZlbWVudC1hZ3JlZW1lbnQtYXJtcy1idXNpbmVzcy1hZ3JlZW1lbnQtYnVzaW5lc3MtZGVhbC1jYXVjYXNpYW4tMTQzNTkwMS1weGhlcmUuY29tMV8uanBn.webp)
Golden Entertainment will sell the assets for aggregate cash consideration of $322.5m, plus an additional $39.0m of estimated purchased cash at closing.
J&J Ventures, a privately held business and distributed gaming operator with a presence in a number of states, will acquire Golden’s distributed gaming operations for $213.5m plus an estimated $34.0m of purchased cash.