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    Jeremy Jacoby

    Research Analyst at Truist Securities

    Jeremy Jacoby is an Equity Research Analyst at Truist Securities, specializing in coverage of the gaming and entertainment sector with a focus on companies such as Golden Entertainment. He is actively engaged in earnings calls and provides in-depth analysis on industry developments, such as the financial impacts of tax legislation and operational dynamics. Jacoby began his current role at Truist Securities in March 2022, bringing with him experience in equity research and a growing industry network. He holds FINRA registration as a broker with Truist Securities and maintains all required securities licenses for his analyst role.

    Jeremy Jacoby's questions to GOLDEN ENTERTAINMENT (GDEN) leadership

    Jeremy Jacoby's questions to GOLDEN ENTERTAINMENT (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.

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