LAS VEGAS, Dec. 20, 2016 /PRNewswire/ -- Boyd Gaming
Corporation (NYSE: BYD) today announced that it 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 eastern part of the
Las Vegas Valley. Boyd Gaming now owns and operates 24 casino
properties across the country, including 12 in southern
Nevada.
"The Cannery transaction, along with our recent acquisition of
Aliante, further expands Boyd Gaming's presence in the
high-performing Las Vegas Locals market," said Keith Smith, President and Chief Executive
Officer. "With a diversified and robust portfolio in the Las
Vegas Valley, we are in better position than ever to deliver on the
substantial growth potential that still lies ahead in southern
Nevada."
About Boyd Gaming
Headquartered in Las Vegas, Boyd
Gaming Corporation (NYSE: BYD) is a leading diversified
owner and operator of 24 gaming entertainment properties located in
Nevada, Illinois, Indiana, Iowa, Kansas,
Louisiana and Mississippi.
Boyd Gaming press releases are available at www.prnewswire.com.
Additional news and information on Boyd Gaming can be found
at www.boydgaming.com.
Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
These forward looking statements can often be identified by their
use of words such as "will", "predict", "continue", "forecast",
"expect", "believe", "anticipate", "outlook", "could", "target",
"project", "intend", "plan", "seek", "estimate", "should", "may"
and "assume", as well as variations of such words and similar
expressions referring to the future. Such statements include,
without limitation, statements regarding our expectations, hopes or
intentions regarding the future, including the statement that the
Las Vegas Locals market is high-performing, that substantial growth
potential lies ahead in southern Nevada, and that the Company is better
positioned than ever to deliver on such growth.
Forward-looking statements involve certain risks and
uncertainties, and actual results may differ materially from those
discussed in each such statement. Additional factors are discussed
under the heading "Risk Factors" in the Company's Annual Report on
Form 10-K, and in the Company's other current and periodic reports
filed from time to time with the Securities and Exchange
Commission. All forward-looking statements in this press release
are made based on information available to the Company as of the
date hereof, and the Company assumes no obligation to update any
forward-looking statement.
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SOURCE Boyd Gaming Corporation