运营商新闻

US – Century Casinos completes Nugget deal in Reno

Century Casinos has completed the acquisition of 50 per cent of the membership interests in Smooth Bourbon from Marnell Gaming for $95m.

PropCo owns the land and building underlying the Nugget Casino Resort and has entered into a lease with Nugget Sparks, which operates the 掘金赌场度假村, for an annual rent of $15m. The Company will receive $1.9m per quarter (before any expenses pursuant to the lease) for its share of the rent from OpCo.

The company entered into a Membership Interest Purchase Agreement with the Seller in February 2022 to acquire the PropCo membership interests and to purchase 100 per cent of the membership interests in OpCo for an additional $100m. The purchase of OpCo is expected to occur within one year and is subject to approval by the Nevada Gaming Commission. Following the Second Closing, the company will own the operating assets of the Casino and 50 per cent of the membership interests in PropCo. The company also has a five-year option to acquire the remaining 50 per cent of the membership interests in PropCo for $105m plus two per cent per annum.

The company financed the Acquisition with a new credit facility that was issued by Goldman Sachs Bank USA on the closing date. The credit facility also refinanced the company’s existing debt and will finance the OpCo purchase on the Second Closing.

“We have been looking at entering the Reno market for a long time, and we believe the Nugget is a perfect fit for our portfolio. We look forward to welcoming the great team at the Nugget to 世纪赌场,” Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos remarked. “We believe there is a lot of upside to this transaction and that we identified some areas of improvement to continue the Nugget’s growth. We expect the Nugget to seamlessly integrate and provide added synergies for Century Casinos’ US portfolio,” they concluded.

Nugget Casino Resort 位于内华达州斯帕克斯，位于 80 号州际公路旁，交通便利，可轻松前往雷诺-太浩国际机场（约 110,000 英里）。该全方位服务度假村包括一个大型游戏楼层、两座酒店塔楼、8,555 平方英尺的会议空间、一个可容纳 5 个座位​​的室外圆形剧场、各种休闲和精致餐饮选择以及几家现场酒吧和酒廊，以及1,200层1,272个停车位的车库和额外50,200个停车位。该酒店拥有 859 平方英尺的赌场空间、29 台老虎机、1,382 台赌桌、100.4 间酒店客房和 32.8 个餐饮场所。根据截至 31 年 2021 月 XNUMX 日的初步业绩，金块赌场度假村的净营业收入为 XNUMX 亿美元，调整后 EBITDA 为 XNUMX 万美元。