The casino, restaurant, and hospitality operator Golden Nugget has released its financial results for Q2 and first half of 2021.
The company’s Q2 net revenue increased by 224 percent year on year to $934.5 million. Its net income for the second quarter was $144.3 million, comparing to a net loss of $152.7 million the previous year.
Adjusted EBITDA was $283.7 million in the second quarter, comparing to a loss of $26.1 million the previous year.
Tilman Fertitta, CEO stated, “We continue to perform at a high level and are also happy with the second-quarter results.”
“We anticipate delivering at least $800 million in adjusted EBTIDA this year. I look forward to completing the merger with Fast Acquisition Corp after the receipt of regulatory approvals.”