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International Guild of Hospitality & Restaurant Managers
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.
© 1999-2001 International Guild of Hospitality and Restaurant Managers
Inc. All rights reserved.
ighrm@hospitalityguild.com