Posts Tagged: Boyd Gaming

US – Boyd gets the green light for Elk Grove casino

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Boyd Gaming has confirmed that the California State Assembly and California State Senate have each unanimously ratified a tribal-state gaming compact with the Wilton Rancheria Tribe that will allow the tribe to develop and operate a casino resort in Elk Grove, California. The compact was signed by California Governor Jerry Brown in July. Boyd Gaming… Read more »

US – Las Vegas locals market rebounds to boost Boyd

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A rebound in the Las Vegas locals market saw Boyd Gaming post second-quarter 2017 net revenues of $599.9m, an increase of 10.1 per cent from $544.9m in the quarter a year-ago. The Las Vegas Locals segment saw a huge increase from $154.9m in the year-ago quarter to $214.2m this quarter. The results include a full… Read more »

US – Boyd Gaming installs SG slots and systems at Aliante

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(PRNewsfoto/Scientific Games Corporation)

Scientific Games announced today the installation of its suite of system products at Aliante Casino+Hotel+Spa. The casino resort, which was acquired by Boyd Gaming in September 2016, is located in North Las Vegas, Nevada. Scientific Games installed its core casino and slot management solutions to manage Aliante’s 1,860 slot machines and 40 table games. Included… Read more »

US – Boyd hoping for Californian casino with Wilton Rancheria Tribe

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Boyd Gaming’s tribal gaming partner Wilton Rancheria Tribe has bought a 35.9-acre land parcel in Elk Grove, California. Boyd Gaming currently has an agreement, subject to approval by the National Indian Gaming Commission, to develop and manage a casino resort on the Tribe’s behalf. The tribe’s land is located adjacent to Howard Hughes Corporation’s planned… Read more »

US – Boyd completes Delta Downs Racetrack renovation

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Boyd Gaming has completed its $45m expansion project at Delta Downs Racetrack Casino Hotel. The centerpiece of the expansion project is an all-new, 167-room hotel tower, completed in late 2016. The property’s original 200-room hotel tower also received a complete redesign. “Throughout Boyd Gaming’s 16 years of ownership, Delta Downs has consistently been one of… Read more »

US – Boyd completes Cannery buyout

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Boyd Gaming has completed its acquisition of the Las Vegas assets of Cannery Casino Resorts, LLC, following the receipt of all required regulatory approvals. The transaction included Cannery Casino Hotel, located in North Las Vegas, and Eastside Cannery Casino and Hotel, located adjacent to Sam’s Town Hotel & Gambling Hall on Boulder Highway in the… Read more »

US – Boyd Gaming third quarter revenues down slightly

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Locals operator Boyd Gaming has reported third-quarter 2016 net revenues of $531.9m, compared to $546.3m in the year-ago quarter. The company’s Las Vegas Locals segment, third-quarter 2016 net revenues were $148.9m, up slightly from $148m in the year-ago quarter whilst the Downtown Las Vegas segment reported net revenues of $56.6m while Adjusted EBITDA was $10m,… Read more »

US – Locals market continues to grow but Boyd misses estimates

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Aliante

Having offloaded Borgata in Atlantic City to focus on the Las Vegas locals market, Boyd Gaming’s second quarter results dipped with revenues of $544.9m, compared to $559.9m in the year-ago quarter. The total missed the consensus estimate of $558.66m but still came with some positives. The Las Vegas locals market generated $154.9m, an increase of… Read more »

US – MGM completes purchase of Borgata

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MGM Growth Properties and MGM Resorts International completed the transactions for the acquisition of Borgata Hotel Casino & Spa following MGM Resorts’ purchase of Boyd Gaming’s stake in Borgata. MGP acquired Borgata’s real property from MGM Resorts and leased back the real property to a subsidiary of MGM Resorts that will operate that property. MGP… Read more »

US – MGM to buy remaining shareholding in Borgata for $900m

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MGM Resorts is buying the rest of Boyd Gaming’s 50 per cent interest in Borgata Hotel Casino & Spa in Atlantic City, New Jersey for consideration of $900m. Further, MGM Resorts will buy Borgata’s real property from MGM Resorts and lease back the real property to a subsidiary of MGM Resorts, after which a subsidiary… Read more »