J&J Ventures Inc., the predecessor company, began route operations in 1929. Golden also announced a five-year agreement with J&J to support the gaming operations of Golden’s branded tavern locations in Nevada. The purchased cash is the amount inside the machines on the route. J&J Gaming is paying $213.5 million plus an estimated $34 million of purchased cash for the Nevada route and $109 million plus an estimated $5 million of purchased cash for the Montana route. The deal is expected to close by the end of the year pending regulatory approvals.ĭistributed gaming involves slot machine routes on which workers install, maintain and operate slot machines at bars, taverns, restaurants, grocery stores and convenience stores.

Golden will get $322.5 million, plus $39 million of estimated purchased cash, from J&J Ventures Gaming of Effingham, Illinois, for its slot machine routes in Nevada and Montana. Elizabeth Brumley Las Vegas Review-Journal Vegas-based Golden Entertainment, owner of PT’s Taverns chain and The Strat, is selling its distributed gaming operation to an Illinois company, the firms announced Monday.

Golden Entertainment Chairman and CEO Blake Sartini at the Strat in Las Vegas, Tuesday, Oct 31, 2017.

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