Boyd completes $1.45 billion acquisition of Peninsula Gaming

Boyd Gaming Corp. of Las Vegas today said it has completed its $1.45 billion acquisition of Peninsula Gaming LLC.

Boyd now has 22 properties in Nevada, New Jersey, Illinois, Indiana, Iowa, Kansas, Louisiana and Mississippi. It’s also preparing to enter the online gaming industry with a license for intrastate online poker in Nevada.

“This is a significant milestone for our company, and we are pleased to be able to expand our footprint into Iowa and Kansas, as well as add additional markets in Louisiana,” Boyd CEO Keith Smith said in a statement.

“Boyd Gaming and Peninsula share very similar cultures and business models, as both companies are known for delivering great customer service, operating efficiently and giving back to our communities,” Smith said. “We welcome our new colleagues to Boyd Gaming, and together we will build upon the Peninsula team’s successes in the years to come.”

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  1. Have you ever wondered what happened to the money to build Echelon Place? It went to buy Peninsula Gaming! Now Boyd Group can wait some more to see if MGM or Caesar's will go bankrupt, so it can buy pieces of that too.