Boyd Gaming Corporation is an American gaming and hospitality company based in Paradise, Nevada.
| FactSnippet No. 2,540,934 |
22 Facts About Boyd Gaming
1.
2.
Boyd Gaming continues to be run by founder Sam Boyd's family under the management of Sam's son, Bill Boyd was born on 1931, and who currently serves as the company's executive chairman after retiring as CEO in January 2008.
| FactSnippet No. 2,540,935 |
4.
Sam Boyd Gaming first partnered with his son Bill in 1962, when the two teamed up to acquire the Eldorado Casino in Henderson, Nevada.
| FactSnippet No. 2,540,937 |
6.
In 1984, after leveling a $3 million fine against the Stardust for skimming, the Nevada Gaming Commission asked the Boyds to run the property's gaming operations.
| FactSnippet No. 2,540,939 |
7.
Company founder Sam Boyd Gaming died on January 15,1993, at the age of 82, and was succeeded as chief executive officer by Bill Boyd Gaming.
| FactSnippet No. 2,540,940 |
8.
Boyd Gaming acquired the Eldorado and Jokers Wild in 1993; later that year, Boyd Gaming acquired the bankrupt Main Street Station Hotel and Casino and Brewery.
| FactSnippet No. 2,540,941 |
9.
Less than a year after Borgata opened, Boyd Gaming announced plans to acquire Coast Casinos, Inc, one of the largest operators of locals casinos in the Las Vegas market.
| FactSnippet No. 2,540,942 |
10.
Boyd Gaming completed the project and opened its doors on December 22,2005.
| FactSnippet No. 2,540,943 |
11.
Boyd Gaming operated the property for less than a year before selling it to former Coast CEO Michael Gaughan in 2006.
| FactSnippet No. 2,540,944 |
12.
In 2006, Boyd Gaming turned its focus to what would have been the largest project in its history: Echelon, a $4.
| FactSnippet No. 2,540,945 |
13.
In preparation for the project, Boyd Gaming swapped the Barbary Coast to Harrah's Entertainment in exchange for 24 acres near the Stardust, giving the company an 87-acre parcel on the north end of the Strip.
| FactSnippet No. 2,540,946 |
14.
At the time, Boyd Gaming officials cited "the difficult environment in today's capital markets, as well as weak economic conditions, " and estimated construction would resume in three to four quarters.
| FactSnippet No. 2,540,947 |
15.
However, in March 2013, Boyd sold the Echelon site for $350 million to the Genting Group, a Malaysia-based gaming company to develop the site as Resorts World Las Vegas.
| FactSnippet No. 2,540,948 |
16.
In 2007, Boyd Gaming purchased Dania Jai Alai, a fronton in Dania Beach, Florida.
| FactSnippet No. 2,540,949 |
17.
Boyd Gaming hoped to expand the facility with a casino, but efforts to allow new casinos in the Miami area made little headway.
| FactSnippet No. 2,540,950 |
18.
Boyd Gaming agreed in 2011 to sell the property to Dania Entertainment for $80 million, but the deal was not completed.
| FactSnippet No. 2,540,951 |
19.
In November 2012, Boyd acquired Peninsula Gaming, an Iowa-based company with five casinos in the Midwest and South, for $1.
| FactSnippet No. 2,540,952 |
20.
In late 2018, Boyd Gaming completed two deals to increase its regional holdings.
| FactSnippet No. 2,540,953 |
21.
Boyd Gaming paid another $58 million for the real estate of Belterra Park.
| FactSnippet No. 2,540,954 |
22.
In March 2022, Boyd Gaming entered into a definitive agreement to acquire Pala Interactive LLC and its subsidiaries for total cash consideration of $170 million.
| FactSnippet No. 2,540,955 |