![]() ![]() With regulatory approvals in hand, the deal all but completes the mega-merger between Penn National and Pinnacle. We are pleased to welcome the Ameristar and Belterra team members to Boyd Gaming, and look forward to great success together." "We have gained a strong presence in three of the Midwest's largest gaming markets, with access to millions of potential new customers. "By adding these four high-quality properties, we have significantly expanded our portfolio and enhanced our free cash flow profile at a compelling multiple," said Keith Smith, President and CEO of Boyd Gaming. On Monday, Las Vegas-based Boyd Gaming completed a deal to buy Belterra and three other Pinnacle Entertainment properties posing similar market anti-trust concerns in two other states.īoyd Gaming is purchasing the four Pinnacle casinos, including Belterra Park in Cincinnati, for $575 million. ![]() To address antitrust concerns in the local gaming market, Pinnacle had to sell off Belterra Casino in Florence, Indiana. ![]() It was first announced late last year, and is just about complete. Hollywood Casino Lawrenceburg owner Penn National Gaming is buying former Belterra parent company Pinnacle Entertainment in a $2.8 billion deal. (Switzerland County, Ind.) - Belterra Casino Resort in Switzerland County officially has a new owner. Belterra Casino Resort in Switzerland County is now under new ownership. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |