Notícias da Operadora
EUA – Century Casinos conclui negócio Nugget em Reno
By Phil 3 de abril de 2022
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 Nugget Cassino Resort, 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 $105m plus two per cent per annum.
The company financed the Acquisition with a new credit facility that was issued by Goldman Sachs Bank USA on the closing date. The credit facility also refinanced the company’s existing debt and will finance the OpCo purchase on the Second Closing.
“We have been looking at entering the Reno market for a long time, and we believe the Nugget is a perfect fit for our portfolio. We look forward to welcoming the great team at the Nugget to Casinos do século,” Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos remarked. “We believe there is a lot of upside to this transaction and that we identified some areas of improvement to continue the Nugget’s growth. We expect the Nugget to seamlessly integrate and provide added synergies for Century Casinos’ US portfolio,” they concluded.
O Nugget Casino Resort está localizado em Sparks, Nevada, convenientemente localizado na Interstate 80, com fácil acesso do Aeroporto Internacional de Reno-Tahoe (aproximadamente cinco quilômetros). O resort de serviço completo inclui um grande salão de jogos, duas torres de hotel, 110,000 pés quadrados de espaço para convenções, um anfiteatro ao ar livre com 8,555 lugares, uma grande variedade de opções de restaurantes casuais e finos, além de vários bares e lounges no local, e um Garagem de 5 andares com 1,200 vagas e 1,272 vagas adicionais. A propriedade consiste em 50,200 pés quadrados de espaço de cassino, 859 caça-níqueis, 29 jogos de mesa, 1,382 quartos de hotel e sete restaurantes. O Nugget Casino Resort teve receita operacional líquida de US$ 100.4 milhões e EBITDA ajustado de US$ 32.8 milhões com base nos resultados preliminares do ano encerrado em 31 de dezembro de 2021.
