Our hotel provides a 24-hour front desk service. Room service is offered for guest convenience. Meal options at Rocky Gap Casino & Resort include a restaurant. Internet connection options: Guests wishing to stay connected will certainly appreciate wireless Internet access and Internet access (complimentary). Entertainment: Rocky Gap Casino & Resort features in-room facilities such as pay movies, premium television channel(s) and cable television service. Bathroom amenities include hair dryer and complimentary toiletries. Beds: Rooms at Rocky Gap Casino & Resort feature premium bedding. Additional amenities in the rooms include desk. Iron/ironing boards are provided in the rooms. Guests of the hotel can make use of the following room facilities: voice mail, clock radio, climate control, coffee/tea maker, free local calls and phone. Local places of interest include Rocky Gap Golf Resort and Rocky Gap State Park. The sale price represents an attractive, premium multiple relative to our current valuation and will provide additional financial flexibility for us to create shareholder value.Rocky Gap Casino & Resort is a charming 3-star hotel conveniently located only 2.5mi (4.1km) from the center of Flintstone. Strategically, this transaction will enable Golden to focus on the continued success of our operations in core markets. We are confident that Century Casinos will be a terrific operator of Rocky Gap and strong partner to the community going forward. 'Since Golden began operating Rocky Gap seven years ago, we have invested our resources to enhance the property’s amenities and our contributions to the State of Maryland. “Rocky Gap is a truly unique destination resort and I want to thank all of our team members who work hard to consistently deliver a premier gaming and entertainment experience to our guests,' Golden Entertainment Chairman and CEO Blake Sartini said in a statement.

The transaction is expected to close in mid-2023, subject to customary regulatory approvals and closing conditions.

The aggregate cash consideration represents a multiple of approximately 10x adjusted property earnings before interest, taxes, depreciation or amortization for the trailing twelve-month period ended June 30. Pursuant to the terms of the agreements, Century Casinos will acquire the operations of Rocky Gap for $56.1 million, subject to customary working capital adjustments, and VICI Properties will acquire an interest in the land and buildings associated with Rocky Gap for $203.9 million. Golden Entertainment is selling the Rocky Gap Casino Resort in Flintstone, Md., for aggregate cash consideration of $260 million.

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