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Boyd Will buy Four Top Casinos; Penn National Intégral $2. 8-Billion Pinnacle Acquisition

Boyd Will buy Four Top Casinos; Penn National Intégral $2. 8-Billion Pinnacle Acquisition

Boyd completes purchase of four Epitome casinos to pave the way for the settlement of Penn National’s $2. 8-billion purchase of Pinnacle

Big gaming organization Boyd Gaming Corporation released today that this has achieved the purchase of four betting house properties through rival Epitome Entertainment for those approximate amount of $563. quite a few million throughout cash. Boyd has now added Ameristar St. Charles and also Ameristar Might in Missouri, Belterra Gambling house Resort inside Florence, Indiana, and Belterra Park for Cincinnati, Kentkucky to the portfolio involving venues.

The deal has lead to Boyd increasing its UNITED STATES presence throughout 10 suggests , using those simply being Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Nevazon, Ohio, and Pennsylvania. Such as four above-mentioned casinos, the firm now operates 29 properties.

The deal’s completion occurs less than a 4 weeks after Boyd completed often the purchase of Valley Forge Gambling house Resort around King regarding Prussia, Missouri.

Commenting in the closure for its latest acquisition work, Boyd President and TOP DOG Keith Brown said that these have expanded their very own portfolio truly and has upgraded their free of charge cash flow account at a ‘compelling multiple. ‘ The account manager also noticed that the addition of the exact four real estate has acquired them having access to three of your largest games markets within the Midwest. Read More >

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