Company to Implement Rainmaker’s Industry-Leading Revenue Optimization Solutions at Two Properties
ALPHARETTA, GA. — May 22, 2018 —The Rainmaker Group 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.”
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 and profit optimization solutions, visit www.LetItRain.com.
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.