Item 8.01 Other Events.

On September 25, 2009 in accordance with the First Amendment dated August 10, 2009 to the Second Lien Credit Agreement by and between Golden Nugget, Inc., Wachovia Bank, National Association and the other financial institution parties thereto dated June 14, 2007, among others, an unrestricted subsidiary to the Golden Nugget, Inc., completed the acquisition of $33.2 million face amount of Golden Nugget second lien term loan debt through a dutch tender and open market purchases at a weighted average cost approximating 41% of face value. (The unrestricted subsidiary did not acquire all of the second lien term loan debt that was tendered.) In connection with the debt purchases, the unrestricted subsidiary has agreed to forgive the face amount of the debt acquired.

---

Top of the Form