Thursday, May 17, 2012

Boyd Gaming buys Peninsula Gaming 5 casinos

Boyd Gaming Corp., will spend $1.45 billion to acquire the assets of Peninsula Gaming LLC, giving the Las Vegas-based company a presence in Kansas, Iowa and a significant expansion in Louisiana.  Boyd will acquire Peninsula's five casinos, one in Kansas (Kansas Star in Mulvane) and two each in Iowa (Diamond Jo casinos in Dubuque and Northwood) and Louisiana (Evangeline Downs in Opelousas and Amelia Belle in Amelia).  Boyd Gaming owns and operates 17 casinos in Illinois, Indiana, Louisiana, Mississippi, Nevada and New Jersey.