{"id":52100,"date":"2017-06-12T12:54:30","date_gmt":"2017-06-12T19:54:30","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=52100"},"modified":"2017-06-12T13:00:11","modified_gmt":"2017-06-12T20:00:11","slug":"golden-entertainment-buys-american-casino-and-entertainment-for-850m","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/golden-entertainment-buys-american-casino-and-entertainment-for-850m\/","title":{"rendered":"Golden Entertainment Buys American Casino and Entertainment, Adding Stratosphere in Las Vegas to Gaming Portfolio"},"content":{"rendered":"
Las Vegas-based gaming distributor and casino conglomerate Golden Entertainment is adding to its holdings, the company announced on Monday. Stratosphere owner American Casino and Entertainment is being snapped up by Golden for an $850 million price tag, which includes $781 million on the table in cash, plus four million shares of the new owner’s shares back to the seller.<\/p>\n