Lyle Berman Biography and Net Worth



Lyle A. Berman serves as Director of the Company. Mr. Berman previously served as our Chairman of the Board and Chief Executive Officer from our formation in December 1998 until the Sartini Gaming merger in July 2015, and as Chairman of the Board of Directors of Grand Casinos, Inc. (our predecessor) from October 1991 through December 1998. Mr. Berman also served as Chief Executive Officer and Chairman of the Board of Rainforest Café, Inc. from 1994 until December 2000. Mr. Berman served as the Executive Chairman of the Board of WPT Enterprises, Inc. (now known as Emerald Oil, Inc.) from its inception in February 2002 until July 2013. Mr. Berman also served as a director of PokerTek, Inc. from January 2005 until October 2014, including serving as Chairman of the Board from January 2005 until October 2011. Mr. Berman currently serves on the boards of directors of various private companies, including Augeo Affinity Marketing, Inc., Black Ridge Oil & Gas, Inc., LubeZone, Inc., Mill City Ventures, Ltd, 52 Gaming, LLC, Redstone American Grill, Inc., Drake Organic Spirits, LLC and InSurtech Holdings, LLC. Mr. Berman received a bachelor of science degree in business administration from the University of Minnesota.

What is Lyle Berman's net worth?

The estimated net worth of Lyle Berman is at least $33.73 million as of March 24th, 2021. Mr. Berman owns 810,643 shares of Golden Entertainment stock worth more than $33,730,855 as of February 5th. This net worth evaluation does not reflect any other assets that Mr. Berman may own. Learn More about Lyle Berman's net worth.

How do I contact Lyle Berman?

The corporate mailing address for Mr. Berman and other Golden Entertainment executives is 6595 S JONES BOULEVARD, LAS VEGAS NV, 89118. Golden Entertainment can also be reached via phone at (702) 893-7777 and via email at [email protected] Learn More on Lyle Berman's contact information.

Has Lyle Berman been buying or selling shares of Golden Entertainment?

Lyle Berman has not been actively trading shares of Golden Entertainment during the past quarter. Most recently, Lyle Berman sold 200,000 shares of the business's stock in a transaction on Wednesday, March 24th. The shares were sold at an average price of $24.96, for a transaction totalling $4,992,000.00. Following the completion of the sale, the director now directly owns 810,643 shares of the company's stock, valued at $20,233,649.28. Learn More on Lyle Berman's trading history.

Who are Golden Entertainment's active insiders?

Golden Entertainment's insider roster includes Stephen Arcana (COO), Lyle Berman (Director), Anthony Marnell, III (Director), Robert Miodunski (Director), Blake Sartini (CEO), and Blake Sartini, II (SVP). Learn More on Golden Entertainment's active insiders.

Are insiders buying or selling shares of Golden Entertainment?

During the last twelve months, insiders at the sold shares 5 times. They sold a total of 872,629 shares worth more than $42,883,655.91. The most recent insider tranaction occured on October, 5th when COO Stephen Arcana sold 12,500 shares worth more than $474,500.00. Insiders at Golden Entertainment own 30.0% of the company. Learn More about insider trades at Golden Entertainment.

Information on this page was last updated on 10/5/2022.

Lyle Berman Insider Trading History at Golden Entertainment

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/24/2021Sell200,000$24.96$4,992,000.00810,643View SEC Filing Icon  
9/12/2018Sell141,685$24.50$3,471,282.50898,293View SEC Filing Icon  
9/5/2018Sell36,493$27.49$1,003,192.57913,293View SEC Filing Icon  
1/23/2018Sell750,000$26.64$19,980,000.001,642,841View SEC Filing Icon  
8/15/2016Sell177,613$13.43$2,385,342.591,760,482View SEC Filing Icon  
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Lyle Berman Buying and Selling Activity at Golden Entertainment

This chart shows Lyle Berman's buying and selling at Golden Entertainment by year and by quarter.

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Golden Entertainment Company Overview

Golden Entertainment logo
Golden Entertainment, Inc. engages in the development, finance, management, and ownership of casino properties. It operates through the following segments: Distributed Gaming and Casinos. The Distributed Gaming segment is involved in the installation, maintenance, and operation of slots and amusement devices in non-casino locations such as grocery, convenience and liquor stores, restaurants, bars, and taverns, and the operation of wholly-owned branded taverns targeting local patrons. The Casino segment focuses on owning and managing resort casinos. The company was founded in 1998 and is headquartered in Las Vegas, NV.
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Today's Range

Now: $41.61
Low: $39.87
High: $41.80

50 Day Range

MA: $39.59
Low: $36.53
High: $44.31

2 Week Range

Now: $41.61
Low: $32.53
High: $59.96

Volume

178,538 shs

Average Volume

152,212 shs

Market Capitalization

$1.19 billion

P/E Ratio

14.70

Dividend Yield

N/A

Beta

2.4