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Golden
Entertainment Selects Comprehensive Rainmaker
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Suite
to Drive Guest Bookings and Increase Profitability
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Company to Implement Rainmaker’s Industry-Leading
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Revenue Optimization Solutions at
Two Properties
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Alpharetta,
GA – May 2018 / Newsmaker Alert / The
Rainmaker Group (Rainmaker), a leading provider of cloud-based hospitality
revenue and profit optimization software, today announced that Golden
Entertainment Inc. (NASDAQ: GDEN) has selected a comprehensive Rainmaker
suite to drive competitive advantage at two of the company’s Nevada properties.
The agreement marks Rainmaker’s expansion in the U.S. gaming market.
Golden
Entertainment wanted an integrated cloud-based revenue management suite
that would streamline operations, drive guest bookings and increase profitability
at the iconic Stratosphere Casino, Hotel & Tower in Las Vegas and Aquarius
Casino Resort in Laughlin, the company’s two largest resorts. After a lengthy
review process, the company selected the Rainmaker solutions, citing the
company’s reputation in the gaming sector.
“We
announced a capital investment plan at the Stratosphere which includes
room renovations, refreshing the property’s exterior, and adding exciting
new venues to attract and engage patrons while enhancing the overall guest
experience,” said Steve
Arcana, executive vice president and chief operating officer of Golden
Entertainment. “Rainmaker’s outstanding track record with large-scale casino
properties and the company’s reputation in the gaming market influenced
our decision to select its revenue management and profit optimization software
solutions.”
Tammy
Farley, president of The Rainmaker Group, said, “Hotels, casinos and
other hospitality venues that want to achieve a competitive advantage must
employ state-of-the-art revenue management technology. Our portfolio of
profit optimization and analytics solutions will help Aquarius Casino Resort
and Stratosphere Casino, Hotel & Tower distill the most complex data
from numerous sources and turn it into actionable insights, resulting in
increased profitability. We are thrilled to welcome Golden Entertainment
to the Rainmaker family and to expand our footprint in the U.S. gaming
market.”
About
Rainmaker
Rainmaker
is the hotel revenue and profit optimization cloud. The company partners
with hotels, resorts and casinos to help them outperform their revenue
and profit objectives. Rainmaker’s cloud-based solutions for transient
and group pricing optimization, forecasting, and revenue-centric business
intelligence are designed to help hoteliers streamline operations, enhance
revenue optimization processes, improve lead performance, and drive guest
bookings. Recognized as one of the top privately held companies in the
United States, Rainmaker has been named to Inc. 5000’s ‘Fastest Growing
Privately Held Companies’ for the last seven years and to the Atlanta
Business Chronicle’s list of ‘100 Fastest Growing Companies in Atlanta’.
Rainmaker serves hospitality customers throughout the world from its corporate
headquarters in Alpharetta, Ga. and from offices in Las Vegas, Singapore
and Dubai. To learn more about Rainmaker and its suite of hotel revenue
management and profit optimization solutions, visit www.LetItRain.com.
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About
Golden Entertainment, Inc.
Golden
Entertainment, Inc. owns and operates gaming properties across two divisions
– resort casino operations and distributed gaming. The Company operates
approximately 16,000 gaming devices, 116 table games, 5,168 hotel rooms,
and provides jobs for over 7,000 team members. Golden Entertainment owns
eight resort casinos – seven in Southern Nevada and one in Maryland. Through
its distributed gaming business in Nevada and Montana, Golden Entertainment
operates slot machines at over 1,000 locations and owns nearly 60 traditional
taverns in Nevada. The Company is licensed in Illinois to operate video
gaming terminals. Golden Entertainment is focused on maximizing the value
of its portfolio by leveraging its scale, leadership position and proven
management capabilities across its two divisions. For more information,
visit www.GoldenEnt.com.
Company
Contacts:
Dana
Glaze
Marketing
Manager
The
Rainmaker Group
Phone:
470-440-2041
Brad
Goldberg
Golden
Entertainment
Phone:
702-495-4489 |