M&A Deal Summary

Boyd Gaming Acquires Coast Casinos

On February 9, 2004, Boyd Gaming acquired leisure company Coast Casinos for 1.3B USD

Acquisition Highlights
  • This is Boyd Gaming’s 1st transaction in the Leisure sector.
  • This is Boyd Gaming’s 2nd largest (disclosed) transaction.
  • This is Boyd Gaming’s 1st transaction in the United States.
  • This is Boyd Gaming’s 1st transaction in Nevada.

M&A Deal Summary

Date 2004-02-09
Target Coast Casinos
Sector Leisure
Buyer(s) Boyd Gaming
Deal Type Merger
Deal Value 1.3B USD
Advisor(s) Gibson, Dunn & Crutcher (Legal)

Target

Coast Casinos

Las Vegas, Nevada, United States
Coast Casinos, Inc. owns and operates four Las Vegas hotel-casinos: The Orleans, the Gold Coast Hotel and Casino, the Suncoast Hotel and Casino and the Barbary Coast Hotel and Casino.

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Buyer(S) 1

Buyer

Boyd Gaming

Las Vegas, Nevada, United States

Category Company
Founded 1975
Sector Gaming
Employees16,129
Revenue 3.7B USD (2023)
DESCRIPTION
Boyd Gaming's corporate headquarters in Las Vegas, Nevada.
Boyd Gaming's corporate headquarters in Las Vegas, Nevada.

Boyd Gaming is a casino entertainment company. Boyd Gaming was incorporated in 1975 and is based in Las Vegas, Nevada.


DEAL STATS #
Overall 1 of 6
Sector (Leisure) 1 of 2
Type (Merger) 1 of 1
State (Nevada) 1 of 2
Country (United States) 1 of 6
Year (2004) 1 of 1
Size (of disclosed) 2 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-16 Peninsula Gaming

Dubuque, Iowa, United States

Peninsula Gaming LLC consists of the Kansas Star Casino near Wichita, Kansas; Diamond Jo Casino in Dubuque, Iowa; Diamond Jo Worth in Northwood, Iowa; Evangeline Downs Racetrack & Casino in Opelousas, Louisiana; and Amelia Belle Casino in Amelia, Louisiana.

Buy $1.5B