SunTrust Robinson Humphrey Initiates Coverage on Golden Entertainment Inc to Neutral

SunTrust Robinson Humphrey Initiates Coverage on Golden Entertainment Inc(NASDAQ:GDEN). The shares have been rated Neutral. The rating by SunTrust Robinson Humphrey was issued on Aug 19, 2016.

Several Insider Transactions has been reported to the SEC. On Aug 16, 2016, Lyle Berman (director) sold 177,613 shares at $13.42 per share price.

Golden Entertainment Inc. formerly Lakes Entertainment Inc. is a gaming company. Through its three gaming divisions: Golden Casino Group PT’s Entertainment Group and Golden Route Operations it operates approximately 9250 slot machines and video lottery terminals as well as approximately 22 table games in Nevada and Maryland across four casino properties over 48 taverns and approximately 670 route locations. Golden Casino Group offers four resorts: The Pahrump Nugget Hotel & Casino Gold Town Casino and Lakeside Casino and RV Park in Pahrump Nevada and the Rocky Gap Resort in Flintstone Maryland. PT’s Entertainment Group is a tavern operator with around 48 establishments. Golden Route Operations is a distributed gaming operator with approximately 7100 machines in over 670 locations. Golden Route Operations is engaged in player tracking rewards player recognition and communication technology with its Golden Edge Slot Management System.

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