Blake L Sartini Net Worth – $ 200 Million
|Amount of net worth||$ 200 Million|
|Name||Blake L Sartini|
|Born||16 January 1959|
|Profession||Gaming and entertainment entrepreneur|
|birth place||California , US|
PERSONAL DETAILS –
*Blake L Sartini married with Delise Sartini , they have 3 children Blake Jr. ,Lorenzo ,Sandra .
*Blake L Sartini parents – Arthur Dennis sartini and Sandra Louise Myers.
*Blake L. Sartini was born in Stockton, in the San Joaquin Country of California.
*Education – 1. Ed W. Clark High School
2. Junior college ,Stockton in 1982 earned his bachelor’s degree in Business Administration.
*Sartini began his career as a craps dealer in a downtown Las Vegas hotel and casino, Where he held the positions of Chief Operating Officer (CEO) and Director. He is Chairman, President and CEO of Golden Entertainment Inc. , an owner and operator of distributed gaming, taverns and casinos based in Las Vegas, Nevada. It was founded in 2001 by Blake Sartini and formed in 2015 by the merger of Golden Gaming and Lakes Entertainment.
*Under Sartini’s leadership the company grew from one property with 2,000 team members and $150 million in revenue to 8 casinos with 12,000 team members and $850 million in revenue. His career included working on the Las Vegas strip at the Barbary Coast Hotel and Casino.
*The Golden Entertainment Inc. operates gaming properties in 2 divisions – distributed gaming and resort and casino operations. The Company Golden Entertainment Inc. operates more than 12,000 gaming devices in Nevada, Maryland and Montana. In January 2019, Golden Entertainment closed on its $190 million deal to acquire two Laughlin casinos, Colorado Belle and Edgewater
IMPORTANT ACTIVITIES OF BLAKE LIFE –
*Sartini served as president of the Station Casinos Southwest Gaming Services Throughout the year 1990s, a slot route operator that he founded in 1985. Then , he acquired the company from Station Casinos and it became Golden Route Operations, a division of Golden Gaming ,LLC.
* He formed the Golden Tavern Group subsidiary now known as PT’s Entertainment Group It is now the largest tavern operator in Nevada, with over 55 establishments including PT’s, Sean Patrick’s Irish Pub & Grill, Sierra Gold and SG Bar. The third division is the Golden Casino Group, which includes the Pahrump Nugget Hotel & Casino, the Gold Town Casino and the Lakeside Casino and RV Park in Pahrump, Nevada and Rocky Gap Casino and Resort in Flintstone, Maryland.
*Blake L Sartini is also founder, chairman and CEO of Sartini Enterprises, Inc. a family investment company established in 2007. Same Year he co-founded a startup bank called Service1st Bank of Nevada.
*The bank was acquired in September 2009 by Global Consumer Acquisition Corp., which soon became Western Liberty Bancorp. As its largest shareholder, Sartini was also a board member of Service1st through its acquisition and took a director role after its acquisition, which he served through 2011.
*In August 2012 Western Liberty in turn was purchased by Western Alliance, the parent company of Bank of Nevada .The Gold Town and Lakeside Casino and RV Park were purchased it was a larger deal in March 2012 with Affinity Gaming. that made Golden Gaming the largest casino operator in Nye County, and also the largest slot route operator in Nevada.
*In January 2013, the Naveda Gaming Commission approved the issue of an interactive gaming license to Sartini Synergy Online, the interactive arm of Golden Gaming.
*In 2016 – The company expanded into Montana , purchasing slot routes with 2,800 machines by $45 million.
*In June 2017- Golden Entertainment was granted a gaming license by the Illinois Gaming Board to operate video gaming terminals at bars, restaurants, truck stops and fraternal and veterans organizations. This marked the fourth state Golden is licensed.
*In October 2017 – Golden Entertainment closed its $850 million purchase of American Casino & Entertainment Properties which expanded the company’s casino portfolio by four: the Aquarius Casino resort , Arizona Charlie’s Boulder , Arizona Charlie’s Decatur, and the Stratosphere Las Vegas,
In January 2019- Golden Entertainment closed its $190 million acquisition of Laughlin properties, Colorado Belle and Edgewater.