Boyd Gaming considers the California, Fremont and Main Street Station to be their “downtown Las Vegas” properties. Boyd Gaming has seven Las Vegas properties but considers Gold Coast, Orleans, Suncoast and Sam’s Town to be their “Las Vegas locals” casinos.

In less than a week, Boyd Gaming almost doubled their Las Vegas locals casinos from four to seven. This acquisition of two casinos cost less than the price of $380 million paid for Aliante Casino. The Cannery Casinos purchase includes two properties – Cannery Casino and Eastside Cannery. Boyd announced that they did purchase Cannery Casinos for $230 million on their quarterly earnings call this week. Nope, the rumors were actually true on this one. The thinking among some onlookers is that this may have been the money that was allocated to purchase Cannery Casinos. That rumor sounded likely until Boyd Gaming announced the purchase of Aliante Casino for $380 million (see Sunday News for more info). Last week a rumor began to circulate that Boyd Gaming would buy Cannery Casinos. 27, up from $15.10 one year ago.Sometimes those rumors that usually have a 50% chance of happening in Las Vegas actually occur. Boyd’s plan to purchase the property was first announced in April 2016.Īliante Casino Hotel and Spa includes an 82,000-square-foot casino floor, 170-seat race and sports book, 202-room hotel, 16-screen movie theater, 650-seat showroom, 14,000 square feet of event space and a pool.īYD’s stock price closed at $19.26 per share on Tuesday, Sept. A group of banks and private equity companies became the new owners in 2011 as a result of the property’s bankruptcy restructuring. “As the premier gaming asset in North Las Vegas, Aliante provides a tremendous opportunity to participate in the long-term growth of the northern part of the Las Vegas Valley,” says Keith Smith, president and CEO of Boyd Gaming.Īliante opened in November 2008 at a cost of more than $660 million under the name Aliante Station, and was originally a joint venture between Station Casinos and the Greenspun family. The company now owns and operates 22 casino properties in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana and Mississippi. Boyd bought the property for $380 million, according to the Las Vegas Sun.Īliante is Boyd Gaming’s first casino property in North Las Vegas, and its 10th property in the Las Vegas Valley. (NYSE: BYD) has completed the acquisition of ALST Casino Holdco LLC, the holding company of Aliante Casino Hotel and Spa.

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