Boyd completes Valley Forge deal
The company has completed the acquisition of the Pennsylvanian casino Valley Forge.
US.- Boyd Gaming has announced that it has completed the acquisition of Valley Forge Casino Resort in King of Prussia, Pennsylvania. The deal was first announced on December 2017, when the companies said that the deal was worth approximately US$280 million.
Valley Forge is Boyd Gaming’s first property in the state of Pennsylvania, expanding its reach to 25 casinos in eight states: Nevada, Pennsylvania, Illinois, Louisiana, Kansas, Indiana, Iowa and Mississippi.
Keith Smith, President and Chief Executive Officer of Boyd Gaming, said that the casino represents a key expansion of the company’s nationwide portfolio, and gives them the opportunity to serve the vibrant Northeast region.
“This is a moment of significant opportunity for Pennsylvania’s gaming industry, and we look forward to exploring future growth initiatives at this property. We will move forward quickly with the addition of 250 slot machines to the property’s casino floor and closely examine the opportunity to offer both online gaming and sports wagering through our partnership with FanDuel Group. We see attractive growth potential at Valley Forge, and are pleased to welcome the entire Valley Forge team to Boyd Gaming.”
