Golden Entertainment will invest $140 million over three years in its newly acquired Stratosphere property, including $32 million this year, company executives said in a quarterly earnings call Thursday.
Richard N. Velotta
![Rick Velotta](https://www.reviewjournal.com/wp-content/uploads/2023/10/web-rick-velotta-hs-23.jpg?w=900&h=600&crop=1)
Assistant Business Editor
Email: rvelotta@reviewjournal.com
Phone: (702) 477-3893
X: @RickVelotta
Richard N. “Rick” Velotta has covered business, the gaming industry, tourism, transportation and aviation in Las Vegas for 25 years. A former reporter and editor with the Las Vegas Sun, the Ogden (Utah) Standard-Examiner, the Arizona Daily Sun in Flagstaff and the Aurora (Colo.) Sun, Velotta is a graduate of Northern Arizona University where he won the school’s top journalism honor. He became the Review-Journal's assistant business editor in September 2018.
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The procedure runs parallel to Wynn Resorts’ surprise move Monday to drop all claims against Steve Wynn’s former business partner Kazuo Okada, ending a six-year legal battle that followed his ouster from Wynn’s board of directors.
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