FLL - Dividend announcements

Believes that the RemainCo sale price of $2.75 per share is woefully inadequate, apparently valuing the company's casino operations and tavern business at a fraction of where it should trade, let alone be sold for. Views the RemainCo sale as an opportunistic attempt by the CEO to take advantage of company's stock price hitting a 4-year low to purchase the RemainCo at a deeply discounted price, financed by the sale of the Company's valuable real estate.  Expresses the view that Golden would likely trade at a significantly higher share price today had the Board sold the real estate without selling RemainCo.  Calls on the Board and all parties to the Master Transaction Agreement to expeditio

Proposes the immediate pursuit of a sale-leaseback of the Company's casino real estate and use of the proceeds to repay debt and pay a special dividend to shareholders. Notes the significant underperformance of Golden Entertainment's total shareholder return relative to equity market indices and gaming industry peers.   Believes that a special dividend from real estate sale proceeds (after repaying all of the company's funded debt) could alone amount to 150% of the current stock price, with shareholders retaining significant additional value and upside via retained ownership in casino operations and tavern businesses. Suggests that following the sale of the Company's real estate, the Board