🎰 American Casino & Entertainment Properties LLC - FORM K - March 22,

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On October 23, Golden Entertainment Inc. announced that it completed the acquisition of American Casino & Entertainment Properties LLC.


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American Casino & Entertainment Properties. Gambling & Casinos. Las Vegas, NV 2, followers. Retired Prior: American Casinos & Ent Prop LLC/ Golden.


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American Casino & Entertainment Properties. Gambling & Casinos. Las Vegas, NV 2, followers. Retired Prior: American Casinos & Ent Prop LLC/ Golden.


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American Casino & Entertainment Properties LLC casinos and gambling guide has information such as: A American Casino & Entertainment Properties LLC.


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Golden Entertainment has agreed to acquire American Casino & Entertainment Properties LLC for $ million. American Casino owns several.


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Golden Entertainment has agreed to acquire American Casino & Entertainment Properties LLC for $ million. American Casino owns several.


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American Casino & Entertainment Properties LLC (ACEP) owns and operates four gaming and entertainment properties in Clark County, Nevada: Stratosphere​.


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On October 23, Golden Entertainment Inc. announced that it completed the acquisition of American Casino & Entertainment Properties LLC.


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American Casino & Entertainment Properties LLC (ACEP) owns and operates four gaming and entertainment properties in Clark County, Nevada: Stratosphere​.


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We believe our attractions, as well as the introduction of additional entertainment-driven amenities, will enable us to continue to market the Stratosphere as a must-see destination property in Las Vegas. Our advertising and promotional campaigns are designed to retain visitors and guests at our properties. The Stratosphere owns approximately 34 acres of land at the northern end of the Las Vegas Strip. Completed capital improvements to the Aquarius include renovations to the casino and common areas, new slot machines, new signage, and renovations to our suites as well as our standard rooms. Directors, Executive Officers and Corporate Governance. A small gift shop located adjacent to the casino provides a limited range of inexpensive gift items, candy, newspapers, magazines and cigarettes. The retail center, located on the second floor of the base building of the Stratosphere, occupies approximately , square feet of developed retail space and approximately 80, square feet of undeveloped space. Our premier restaurant is Top of the World Restaurant, a seat revolving restaurant located on the th floor of the tower. On February 20, , in connection with the closing of the Acquisition, each member of Voteco, Holdings and Voteco entered into a Transfer Restriction Agreement. We believe that the Stratosphere is one of the most recognized landmarks in Las Vegas. Hotel customers include local residents and their out-of-town guests, as well as those business and leisure travelers who, because of location or cost considerations, choose not to stay on the Las Vegas Strip or at other hotels in Las Vegas. Private Securities Litigation Reform Act of Forward-looking statements are not historical facts but instead represent only our beliefs regarding future events, many of which, by their nature, are inherently uncertain and outside of our control. The remaining 17 acres are undeveloped land. In addition to meeting rooms, the facility offers a wedding chapel with a wide variety of ceremony packages. Total meeting space at the Aquarius is nearly 35, square feet, with approximately 19, square feet devoted to the pavilion, which can accommodate up to 2, guests. This program allows players to accumulate points and comp dollars, which can be exchanged for cash or complimentary goods and services, at our properties, regardless of where the points and comp dollars were earned.{/INSERTKEYS}{/PARAGRAPH} The retail center also includes a full-service salon and spa. The Stratosphere offers the tallest free-standing observation tower in the United States and, at 1, feet, is the tallest building west of the Mississippi River. The Stratosphere Tower also includes the Air Bar cocktail lounge, a wedding chapel and event space. Our strategy is to provide value to our customers through pricing, competitive gaming odds and attentive customer service. Standing 1, feet above the Las Vegas strip, it is the tallest free-standing observation tower in the United States. The Naughty Ladies Saloon features a variety of entertainment, including live bands, musician showcase nights and jam sessions. Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15 d of the Exchange Act. {PARAGRAPH}{INSERTKEYS}Securities registered pursuant to Section 12 b of the Act: None. The retail center contains 36 shops, five of which are food venues, and space for 16 merchant kiosks. We also provide our customers with attractive offerings in the areas of lodging and food and beverage service. Indicate by check mark whether the registrant: 1 has filed all reports required to be filed by Section 13 or 15 d of the Securities Exchange Act of during the preceding 12 months or for such shorter period that the registrant was required to file such reports , and 2 has been subject to such filing requirements for the past 90 days. The Stratosphere also offers eight bars, four of which feature live entertainment. Yes o No x. We believe that the distinctive amenities of the Stratosphere, together with our dedication to providing a quality, value-oriented experience, have significantly contributed to approximately 1. We are committed to providing our patrons a high level of customer service. The Stratosphere offers five themed restaurants, including an independently owned Italian-themed restaurant. The outdoor amphitheater hosts headliner concerts and can accommodate 3, guests. We target primarily middle-market customers who focus on obtaining value in their gaming, lodging, dining and entertainment experiences. We routinely conduct comprehensive customer surveys at all of our properties, and we pursue a process of continuous improvement at our properties based on the information gathered from our surveys. The Aquarius targets the middle to high-end visitor to Laughlin, Nevada and local residents. Our management team is focused on controlling costs and executing efficient marketing programs in an effort to increase operating cash flow. In our opinion, the Stratosphere Tower boasts some of the most unique. Check one :. Approximately 17 acres are developed with a hotel, casino, retail center, and a parking facility that accommodates approximately 4, cars. Except as otherwise expressly required by law, holders of Class B Interests will have no right to vote on any matters to be voted on by our members. We believe this format yields meaningful operating efficiencies for us and increases the rate of customer play, since patrons are able to enjoy a gaming experience uninterrupted by the machine servicing requirements typically necessary for coin-operated slot machines. The Stratosphere is centered around the Stratosphere Tower. The Aquarius contains approximately 57, square feet of gaming space with approximately 1, slot machines, 34 table games, including two poker tables, a keno lounge and a race and sports book. In addition, our ace MbPLAY rewards program enables customers to receive and redeem incentives, further encouraging frequent visits and loyalty. We market our properties to both the tourist and local resident markets. The Tower also includes:. Laughlin is located along the west side of the Colorado River which forms the boundary between the States of Nevada and Arizona. In , we completed a large capital improvement program for the Aquarius. The Tower is the tallest freestanding observation tower in the United States and, at 1, feet, is the tallest building west of the Mississippi River. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule of the Securities Act. Indicate by check mark whether the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act. These statements include statements other than historical information or statements of current condition and may relate to our future plans and objectives and results, among other things, as well as statements about the objectives and effectiveness of our risk management policies, statements about trends in or growth opportunities for our businesses, and statements about our future status, activities or regulation by the Nevada Gaming Commission and the Nevada State Gaming Control Board. The ballroom hosts stage shows and casino events. The Stratosphere hotel has 2, rooms, including suites. We focus our marketing efforts on attracting customers with an affinity for playing slot and video poker machines. By identifying these statements for you in this manner, we are alerting you to the possibility that our actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. The Aquarius is the largest hotel in Laughlin, with 1, hotel rooms, including 90 suites, in two story towers. Adjacent to the retail center is the seat showroom that currently offers entertainment including American Superstars, a celebrity tribute, and Bite, a vampire-themed adult revue, which are both designed to appeal to value-oriented Las Vegas visitors. The source of funds used by Voteco to purchase the Class A Interests were contributions of capital made to Voteco by each of its three members. The primary market for the Stratosphere is the middle-market, value-oriented Las Vegas visitor. Each of the members of Voteco is party to the Transfer Restriction Agreement. We also offer attractive table games, including Ten Times Odds Craps, which provide patrons with odds that we believe are better than the standard odds for these games at other Las Vegas Strip casinos. The RV park offers nightly, weekly and monthly rates and a range of services, including laundry facilities, game and exercise rooms, a swimming pool, a whirlpool, shower facilities and WiFi access. The Aquarius operates in Laughlin, Nevada. The property also includes two leased gift shops and a parking garage with a capacity for 2, cars. We intend to grow the revenues and profitability of our business through the continued execution of a number of key operating strategies:. The Tower features the four highest thrill rides in the world:. In addition, the Goldman Term Loans contained important affirmative and negative financial covenants customary for loans of this nature. Las Vegas is located approximately 97 miles to the north via U. Our management team continues to focus on each of our properties to better target their respective markets, expanding and improving our existing facilities, focusing on customer service and implementing a targeted cost reduction program. Highway Los Angeles, California is approximately miles west with access being provided by Interstate 40 and Interstate Flagstaff, Arizona is approximately miles east via Interstate 40 while Phoenix, Arizona is approximately miles southeast of Laughlin. We have intentionally avoided competing for the attention of high-stakes table game customers because we believe slot machines provide a more predictable revenue stream. The RV park is one of the largest short-term RV parks on the Boulder Strip with 30 to foot pull through stations and over spaces. Yes x No o. The Aquarius owns approximately 18 acres of land located next to the Colorado River in Laughlin, Nevada and is a tourist-oriented gaming and entertainment destination property. Palace Grand features live bands at no charge. We have invested in equipping our casinos with the latest in slot and video poker machine technology and game brands. Upon consummation of the Acquisition, Voteco acquired control of ACEP from our previous direct parent, which sold all the issued and outstanding membership interests of ACEP to Voteco pursuant to the membership interest purchase agreement. The Aquarius also has three bars providing retail drinks and video poker to casino patrons. The property also has a club that is situated on the first floor adjacent to the casino and can accommodate guests. We believe that our product offerings in each of these categories are reasonably priced and of consistently high quality. The order 1 prohibits Voteco or Holdings, or their respective affiliates, from selling, assigning, transferring, pledging or otherwise disposing of our membership interests or any other security convertible into or exchangeable for our class A membership interests, or Class A Interests, or our class B membership interests, or Class B Interests, without the prior approval of the Nevada Gaming Commission, 2 prohibits the direct or indirect members of Voteco from selling, assigning, transferring, pledging or otherwise disposing of any direct or indirect membership interest in Voteco without the prior administrative approval of the Chairman of the Nevada State Gaming Control Board or his designee, and 3 prohibits ACEP from declaring cash dividends or distributions on any class of membership interest of ACEP beneficially owned in whole or in part by Holdings or Voteco, or their respective affiliates, without the prior approval of the Nevada Gaming Commission. Our executive and property-level management teams have an established record of developing, integrating and operating gaming and entertainment properties. We strive to deliver value to our gaming customers at all of our properties by offering payout ratios on our slot and video poker machines that we believe are among the highest payout ratios in Las Vegas. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. The Transfer Restriction Agreements provides, among other things, that:. Our employees participate in regular and intensive customer service training programs and are rewarded and incentivized, in part, based upon the quality of service they provide to customers. The property is easily accessible from Route 95, a major highway in Las Vegas. As a condition of the Goldman Term Loans, we were required to maintain a cash management account where we deposited all cash revenues. Pursuant to the Amended Operating Agreement, holders of Class A Interests will be entitled to one vote per interest in all matters to be voted on by our voting members. Except as otherwise expressly required by law, holders of our Class B Interests have no voting rights. The Aquarius offers a variety of slots and table games that appeal to both tourists and local players. The Laughlin area is situated in an unincorporated portion of Clark County and is located in the southern tip of the State of Nevada. Holders of Class A Interests and Class B Interests will have no preemptive rights, no other rights to subscribe for additional interests, no conversion rights and no redemption rights, will not benefit from any sinking fund, and will not have any preferential rights upon a liquidation. We regularly modify our mix of slot machine product to maximize the profitability of our casinos while also providing our customers with the most current product offerings.