Jeremy Jacoby's questions to Golden Entertainment Inc (GDEN) leadership • Q2 2025
Question
Jeremy Jacoby of Truist Securities inquired about the financial impacts of recent tax legislation, specifically asking for quantification of the benefits from the no-tax-on-tips provision.
Answer
Charles Protell, President & CFO, explained that Golden Entertainment anticipates an additional $10-15 million tax shield, translating to $2-3 million in cash flow from accelerated depreciation. He also noted that an increased reportable limit for slot winnings, effective in 2026, will be meaningful for the company's tavern business by reducing the volume of jackpot transactions.