Golden Entertainment, Inc. has officially scheduled a virtual special meeting for shareholders on March 31, 2026. The primary focus of the session is a vote on a massive Master Transaction Agreement that could reshape the company’s future. Under the terms of the proposal, Golden's operating assets would be sold to a group led by CEO Blake L. Sartini and his affiliates, while seven casino real estate assets would be transferred to VICI Properties Inc.

The multi-layered deal is valued at approximately $1.16 billion. If the transaction is approved, shareholders are set to receive $30 per share in cash. This valuation comes after a unanimous recommendation from Golden’s Independent Committee of the Board of Directors, which determined the move is in the best interest of the company and its investors. The deal represents a significant milestone for the gaming operator, which manages a diverse portfolio of casinos and branded taverns.

The complex arrangement follows a "sale-leaseback" model frequently seen in the gaming industry. While VICI Properties will take ownership of the physical real estate, the Sartini-led group will continue to manage the daily operations. This strategic pivot aims to unlock significant value for current stakeholders while maintaining the leadership of the company’s longtime executive. Shareholders of record as of the close of business on February 20, 2026, are entitled to vote during the virtual meeting.