LAS VEGAS - Golden Entertainment, Inc. (NASDAQ:GDEN), a diversified entertainment platform, announced key executive leadership changes that took effect last Monday. Blake Sartini II has been promoted to Chief Operating Officer, taking the helm of the company’s operations across Nevada’s casino resorts and taverns.
Blake Sartini II, who has been with Golden for nearly 17 years, has risen through the ranks, starting with the company's tavern operations. He has been instrumental in developing Golden's tavern portfolio, which now stands as the largest branded tavern operation in Nevada, with 69 locations. Prior to his promotion, Sartini II managed the company’s five local casinos in Las Vegas and Pahrump as Executive Vice President of Operations.
In tandem with this change, Steve Arcana, the outgoing COO, has transitioned to the role of Chief Development Officer, a position created to spearhead new tavern development and to optimize the company’s real estate assets.
Arcana's history with Golden spans over two decades, during which he has played a pivotal role in the company’s growth from a modest slot machine operation to a publicly traded entity with a robust portfolio of gaming and hospitality assets.
Chairman and CEO Blake Sartini expressed confidence in the strategic realignment of the executive team, emphasizing the enhanced focus on core operations and the pursuit of new opportunities to add value to the company's existing portfolio. These management shifts are part of Golden's broader strategy to drive future improvement and increase shareholder value.
Golden Entertainment operates eight casinos and 69 gaming taverns in Nevada, overseeing more than 5,600 slot machines, 100 table games, and over 6,000 hotel rooms.
The information regarding these executive changes is based on a press release statement from Golden Entertainment.
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