Boyd Gaming Completes Sale Of Dania Jai-Alai

Boyd Gaming Corporation BYD today announced that it has completed the sale of the assets of Dania Jai-Alai in Dania Beach, Fla., to Dania Entertainment Center, LLC. The total selling price was $65.5 million. As a previously paid $7 million deposit was credited towards the total selling price, Boyd Gaming received cash proceeds of $58.5 million at closing. The Company intends to use proceeds for general corporate purposes, including repayment of debt. About Boyd Gaming Headquartered in Las Vegas, Boyd Gaming Corporation BYD is a leading diversified owner and operator of 22 gaming entertainment properties located in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi and New Jersey. Boyd Gaming press releases are available at www.prnewswire.com. Additional news and information on Boyd Gaming can be found at www.boydgaming.com.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsAsset Sales
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!