Golden Entertainment has appointed Blake Sartini II to serve as its COO. Prior to his new role, Sartini held a position as the company’s EVP of Operations.
Sartini II first joined the company in 2007.
Along with Sartini stepping into his new role, Golden Entertainment’s former COO Steve Arcana has moved into the position of Chief Development Officer. He has been with the company since 2003 and will be responsible for finding new third-party food and beverage concepts, overseeing new tavern development as part of the role.
Company Chairman and CEO Blake Sartini took a moment to comment on both recent appointments.
He said, “Blake has worked in every capacity throughout our organization since he started at Golden almost 17 years ago. His unique knowledge of our company’s culture, commitment to operational excellence, and strong leadership skills make him the ideal individual to be given responsibility for all our Nevada casino resorts, local properties, tavern operations and related corporate functions.
“Steve has been with Golden for over 20 years and has been an integral part of growing our business and guiding us through many challenges. Steve has established a strong operating team and has been a consistent leader throughout his decades at Golden. His long history and extensive experience in the industry will continue to benefit the company in his new role focused on creating value from new tavern development and unused assets in our casino portfolio.”
The Chief Development Officer role is a newly created position, the company said.
Golden Entertainment’s Board of Directors recently approved “a recurring quarterly cash dividend of $0.25 per share of the Company’s outstanding common stock.”
Recognized company shareholders as of March 18 can expect to receive payouts on April 4.