Golden Gaming and Lakes Entertainment Merger Closes

Combined company, Golden Entertainment, Inc., announces changes to board of directors and refinancing of outstanding debt LAS VEGAS and MINNEAPOLIS, Aug. 3, 2015, LACO, NASDAQ, /PRNewswire/ Golden Entertainment, Inc. (formerly Lakes Entertainment, Inc.) (NASDAQ: LACO) announced today that the merger between Sartini Gaming, Inc. ( Golden Gaming ) and a subsidiary of Lakes Entertainment, Inc. has closed, after receiving various approvals from the Lakes shareholders at the company s annual meeting on July 29. In connection with the merger, Lakes has been renamed Golden Entertainment, Inc. The all-stock transaction unites two renowned and respected brands in the gaming space. The newly combined company operates approximately 9,250 slot machines and video lottery terminals in Nevada and Maryland across four casino properties, 48 taverns and 670 route locations. Golden Entertainment s headquarters is now based in Las Vegas, Nevada. Today is a truly monumental and meaningful day for our comp
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