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Golden Entertainment, Inc.

GDEN

Consumer Discretionary

1

exclusion reason

1 theme

Animal Welfare (1)
GDEN Consumer Discretionary Current as of March 2026

Golden Entertainment, Inc. is screened out under 1 exclusion reason spanning 1 issue category.

This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. It is a statement of values.

Animal Exploitation
Since Jul 28, 2021

Golden Entertainment, Inc. operates casinos and slot machine routes, deriving revenue from gaming activities that include animal racing. The company owns and operates the Rocky Gap Casino Resort in Maryland, which historically hosted live greyhound racing simulcasts, a practice that directly involves the commercial exploitation of animals for gambling purposes. While the company's primary focus is gaming, its historical and potential ongoing involvement with animal racing falls under the broad commercial exploitation of animals.

Specific evidence linking Golden Entertainment to direct animal abuse incidents or litigation was not found in the provided sources, which reference cases against other entities like Feld Entertainment and Hollywood training firms. This indicates a gap in documented evidence of direct cruelty for this specific operator within the gathered materials.

The exclusion is based on the company's participation in a business model—gambling on animal racing—that is fundamentally exploitative. This activity is categorized under the general animal exploitation code, as it does not exclusively fit the more specific entertainment or meat sub-categories, but represents a commercial use of animals for financial gain.

Research Sources 1 organization
Cruelty Free Investors
External

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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.

This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.

Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.