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Boyd Gaming Corporation

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Boyd Gaming Corporation (NYSE:BYD)

2950 Industrial Road
Las Vegas, NV 89109

Phone: (702) 792-7200
Fax: (702) 792-7313
Email: stillr@anv.net
Employees
(last reported count): 14,225 

Boyd Gaming Corporation, incorporated in 1988, is a multi-jurisdictional gaming company. The Company owns and operates 12 casino facilities, one of which commenced casino operations on February 13, 2002. The Company's facilities are located in eight distinct gaming markets in five states. The Company conducts substantially all of its business through eight wholly owned subsidiaries: California Hotel and Casino, Boyd Tunica, Inc., Boyd Kenner, Inc., Boyd Louisiana L.L.C., Par-A-Dice Gaming Corporation, Boyd Indiana, Inc., Boyd Louisiana Racing, Inc. and Boyd Atlantic City, Inc.

As of December 31, 2001, the Company owned an aggregate of approximately 512,400 square feet of casino space, containing 13,854 slot machines and 383 table games. The Company is developing The Borgata, a casino resort in Atlantic City, New Jersey. The Company and MGM Mirage each own 50% of the entity that owns The Borgata.

California Hotel and Casino directly owns and operates Sam's Town Las Vegas. It also owns and operates the Stardust Resort and Casino, the Fremont Hotel and Casino, the Eldorado Casino, Jokers Wild Casino and Main Street Station Casino, Brewery and Hotel through wholly owned subsidiaries. Boyd Tunica, Inc. owns and operates Sam's Town Hotel and Gambling Hall Tunica. Boyd Kenner, Inc. operates Treasure Chest and owns a 15% equity interest in Treasure Chest Casino, L.L.C., the owner of Treasure Chest. Boyd Louisiana L.L.C. owns the remaining 85% equity interest in Treasure Chest Casino, L.L.C. Par-A-Dice Gaming Corporation owns and operates the Par-A-Dice. Boyd Indiana, Inc. owns the full equity interest in Blue Chip Casino, LLC. Boyd Louisiana Racing, Inc. owns Boyd Racing, L.L.C., which owns and operates Delta Downs Racetrack and Casino. Boyd Atlantic City, Inc. owns a 50% interest in Marina District Development Holding Company, the company that is developing The Borgata.

Las Vegas Strip, Stardust Resort and Casino

The Stardust Resort and Casino is a casino hotel complex with approximately 75,000 square feet of casino space, a conference center with approximately 35,000 square feet of meeting space, a 40,000-square-foot special event pavilion/exhibit center and the 950-seat Wayne Newton Theatre. The property is situated on 52 acres of land the Company owns and nine acres of land it leases on the Las Vegas Strip. The casino offers approximately 1,600 slot machines and 67 table games.

Sam's Town Hotel and Gambling Hall

Sam's Town Hotel and Gambling Hall Las Vegas is situated on 56 acres of land the Company owns and seven acres of land it leases on the Boulder Strip, approximately six miles east of the Las Vegas Strip. Sam's Town features a 133,000-square-foot casino and a 56-lane bowling center. The gaming facilities include approximately 2,800 slot machines and 39 table games, a sports book and bingo and poker areas. The property has 648 guest rooms, 12 restaurants, 500 spaces for recreational vehicles and approximately 3,800 parking spaces.

Eldorado Casino

The Eldorado Casino is situated on four acres of land the Company owns in downtown Henderson, Nevada, which is approximately 14 miles from the Las Vegas Strip. The casino has 16,000 square feet of gaming space, which features approximately 600 slot machines and 11 table games, as well as keno, bingo and a sports book.

Jokers Wild Casino

Jokers Wild Casino is situated on 13 acres of land the Company owns in Henderson. The property offers 22,500 square feet of casino space with approximately 600 slot machines and 11 table games, as well as keno and a sports book.

Downtown Las Vegas Properties

The California Hotel and Casino is situated on 13.9 acres of land the Company owns and 1.6 acres of land it leases in downtown Las Vegas. It has 36,000 square feet of gaming space, 781 guest rooms, five restaurants, approximately 5, 000 square feet of meeting space and more than 800 parking spaces, including a parking garage for up to 425 cars. The casino offers approximately 1,100 slot machines and 35 table games, as well as a sports book.

The Fremont Hotel and Casino is situated on 1.4 acres of land the Company owns and 0.9 acres of land it leases adjacent to the principal pedestrian thoroughfare in downtown Las Vegas known as the Fremont Street Experience. The property has 32,000 square feet of casino space, which includes 1,133 slot machines and 26 table games, as well as a sports book. The hotel has 447 guest rooms and five restaurants, including the Second Street Grill, an upscale contemporary restaurant, and the Paradise Buffet, which features tropical-themed surroundings.

Main Street Station Casino, Brewery and Hotel is situated on 15 acres of land the Company owns in downtown Las Vegas. The property includes 28,500 square feet of gaming space with approximately 900 slot machines and 19 table games. The property also includes 406 hotel rooms, a 475-seat buffet, a 125-seat specialty restaurant, a 200-seat brewpub and oyster bar and expanded parking with over 2,000 spaces.

Other Properties

Sam's Town Hotel and Gambling Hall Tunica is located in Tunica County, Mississippi. The complex features a 75,000-square-foot casino, an 843-room hotel, including 49 suites, a recreational-vehicle park and a 1,000-car parking garage. The casino offers approximately 1,500 slot machines and 51 table games, as well as a live keno. In October 2002, the Company acquired the former Isle of Capri property in Tunica County, Mississippi.

Docked on the Illinois River, in East Peoria, Illinois, the Par-A-Dice Hotel and Casino riverboat measures 238 feet long and 66 feet wide, and features 33,000 square feet of gaming space on four levels. The Par-A-Dice riverboat operates as a dockside facility. The casino has 1,150 slot machines and 30 table games, as well as food and beverage services. Located adjacent to Par-A-Dice is the Company's 208-room hotel with food, beverage, banquet and meeting facilities.

Treasure Chest Casino is a dockside casino located in the western suburbs of New Orleans, Louisiana. The property is designed as a classic Victorian-style paddlewheel riverboat. The riverboat has a total capacity of 1,750 people, approximately 24,000 square feet of casino space, 981 slot machines and 47 table games.

Blue Chip Casino, located in Michigan City, Indiana, is a riverboat casino that measures 348 feet long by 80 feet wide, offers 37,400 square feet of gaming space on three levels and accommodates up to 3,000 passengers. The Blue Chip features 1,511 slot machines and 47 table games, three bars, a snack bar and a players' club.

On May 31, 2001, the Company acquired substantially all of the assets of the Delta Downs Racetrack and Casino in Vinton, Louisiana, as well as an off-track betting facility in Mound, Louisiana. On February 13, 2002, the Company began slot operations with approximately 1, 500 machines in connection with a renovation project that expanded the facility and equipped the new casino. The property features a 400-seat buffet, a 130-seat fine dining restaurant, a sports bar and small food outlets.

The Company is constructing The Borgata in Atlantic City, New Jersey. The Borgata is expected to include a 43-story hotel tower with 2,010 guest rooms, as well as a 120,000-square-foot casino with 3,650 slot machines and 119 table games.

In Michigan, the Blue Chip Casino expects to compete with a casino that is planned for construction by the Pokagon Band of Potawatomi Indians, a federally recognized Native American tribe.

 

 

 

 

Disclaimer:
The data included within the Financial section is solely for information  and does not construe a recommendation and/or endorsement by IGHRM or its members to invest funds with any of the companies listed. You are strongly advised to obtain professional advice with qualified individuals or corporations for any investments of funds.

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