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Golden paid $20.7 million a year to lease the casino, and received a $3.3 million monthly management fee, plus a portion of revenue. [9] Golden pulled out of the deal early when Morgans received its gaming license in January 2008, citing a desire to focus on its other operations. [9] [10]
In June 2017, Golden agreed to purchase American Casino & Entertainment Properties for $850 million, closing the acquisition in October 2017. The acquisition expanded the company’s portfolio with four casinos: the Stratosphere Las Vegas, Arizona Charlie's Boulder, Arizona Charlie's Decatur and the Aquarius Casino Resort.
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Golden Nugget Lake Charles is a 242-acre waterfront casino resort in Lake Charles, Louisiana, United States, [1] owned and operated by Houston-based Landry's, Inc. [2] The resort features 1038 guest rooms and suites housed in a 22-story tower, an 18-hole golf course, 30,000 square feet of meeting space, more than a dozen dining and bar options, a private beach, marina, spa & salon, retail ...