Boyd Gaming
From Wikipedia, the free encyclopedia
Boyd Gaming Corporation (NYSE: BYD) is a Las Vegas, Nevada based business engaged in the development, ownership and operation of hotels and casinos throughout the United States. The company continues to be run by founder Sam Boyd's family under the management of Sam's son, Bill Boyd.
The company operates in 6 states and at the end of 2005 the corporation will have over 11,500 hotels rooms.
Contents |
[edit] History
Founded by Sam Boyd
In 1993 became a public company traded on the NYSE.
On July 1, 2004 Boyd Gaming completed its $1.3 billion merger with Coast Casinos and all Coast properties and businesses are now wholly owned subsidiaries of the company.
On January 4, 2006 Boyd announced Echelon Place as the new project for its current Stardust site.
On May 31, 2006, Boyd announced plans to acquire the 220,000 sq ft Dania Jai-Alai fronton $153 million.
On October 2, 2006, the company announced plans to trade the Barbary Coast Hotel and Casino for 24 acres on the strip.
[edit] Current Boyd Gaming Corporation businesses
All properties are wholly owned subsidiaries except where indicated.
- Blue Chip Casino and Hotel[1], Michigan City, Indiana
- Borgata, Atlantic City New Jersey (50% owner through Marina District Development Corporation, LLC)
- California Hotel and Casino, Las Vegas, Nevada
- Coast Casinos
- Barbary Coast Hotel and Casino, Las Vegas Nevada
- Gold Coast, Las Vegas, Nevada
- Orleans Arena, Las Vegas, Nevada
- The Orleans Hotel and Casino, Las Vegas, Nevada
- Suncoast Hotel and Casino, Las Vegas, Nevada
- Delta Downs Racetrack and Casino[2], Vinton, Louisiana
- Echelon Resorts
- Eldorado Casino, Henderson, Nevada
- Fremont Hotel and Casino, Las Vegas, Nevada
- Jokers Wild Casino, Henderson, Nevada
- Main Street Station, Las Vegas, Nevada
- Par-A-Dice (hotel and casino)[3], East Peoria, Illinois
- Sam's Town Hotel and Gambling Hall, Las Vegas, Las Vegas, Nevada
- Sam's Town Hotel and Gambling Hall, Shreveport, Shreveport, Louisiana (Formerly Harrah's Casino and Hotel)
- Sam's Town Hotel and Gambling Hall, Tunica, Tunica, Mississippi
- Stardust Resort & Casino, Las Vegas, Nevada (Closed November 1, 2006, imploded March 13, 2007)
- Treasure Chest Casino[4], Kenner, Louisiana
- Vacations-Hawaii[5], Honolulu, Hawaii (Non-Gaming Property)
[edit] Development sites and projects
- On January 4, 2006 Boyd announced Echelon Place as a replacement for the dated Stardust. It was announced that Bob Boughner who is currently President and Chief Executive Officer of Boyd Gaming's Borgata Hotel, Casino and Spa in Atlantic City, New Jersey will leave that position to lead the development of the Echelon Place project. The Stardust was demolished in March 2007, with Echelon Place scheduled to open in early 2010.
- Boyd purchased a 40 acre site on Centennial Parkway in North Las Vegas just west of I-15 for future development.[1]
- On May 30, 2006 Boyd announced that it will purchase the Dania Jai-alai fronton in Dania Beach, Florida from The Aragon Group/Summersport Enterprises for $152.50 million dollars and develop the property for a future slot casino project which likely means that under Florida law, the fronton will be incorporated into the new facility.[2]