Company to Implement Rainmaker’s Industry-Leading Revenue Optimization Solutions at Two Properties
ALPHARETTA, GA. — May 22, 2018 —The Rainmaker Group (Rainmaker), a leading provider of cloud-based hospitality revenue and profit optimization software, 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.”