Boyd Gaming Buys Remaining 50% of St. Louis Casino

Ticker: BYD · Form: 8-K · Filed: 2025-08-14T00:00:00.000Z

Sentiment: neutral

Topics: acquisition, real-estate, gaming

Related Tickers: BYD

TL;DR

BYD buying out its partner for $130M in St. Louis casino. Full control incoming.

AI Summary

Boyd Gaming Corporation (BYD) announced on August 12, 2025, that it has entered into a definitive agreement to acquire the remaining 50% interest in the St. Louis-based partnership that owns and operates the Ameristar Casino Resort Spa St. Charles for approximately $130 million. This acquisition is expected to close in the fourth quarter of 2025, subject to customary closing conditions.

Why It Matters

This move consolidates Boyd Gaming's ownership of a key asset, potentially leading to increased operational efficiencies and profitability from the St. Charles property.

Risk Assessment

Risk Level: medium — The acquisition is subject to customary closing conditions and regulatory approvals, which could delay or prevent the transaction.

Key Numbers

Key Players & Entities

FAQ

What is the specific name of the partnership entity Boyd Gaming is acquiring the remaining interest in?

The filing refers to it as 'the St. Louis-based partnership that owns and operates the Ameristar Casino Resort Spa St. Charles'.

What is the total expected consideration for the acquisition?

The acquisition of the remaining 50% interest is for approximately $130 million.

When is the acquisition expected to be completed?

The acquisition is expected to close in the fourth quarter of 2025.

Are there any specific regulatory bodies mentioned that need to approve the transaction?

The filing mentions 'customary closing conditions' but does not specify particular regulatory bodies for this transaction.

Does this acquisition involve any debt financing for Boyd Gaming?

The filing does not provide details on the financing method for the $130 million acquisition.

From the Filing

0001437749-25-026702.txt : 20250814 0001437749-25-026702.hdr.sgml : 20250814 20250814090135 ACCESSION NUMBER: 0001437749-25-026702 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250812 ITEM INFORMATION: Other Events FILED AS OF DATE: 20250814 DATE AS OF CHANGE: 20250814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BOYD GAMING CORP CENTRAL INDEX KEY: 0000906553 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction EIN: 880242733 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12882 FILM NUMBER: 251214740 BUSINESS ADDRESS: STREET 1: 6465 SOUTH RAINBOW BOULEVARD CITY: LAS VEGAS STATE: NV ZIP: 89118 BUSINESS PHONE: 7027927200 MAIL ADDRESS: STREET 1: 6465 SOUTH RAINBOW BOULEVARD CITY: LAS VEGAS STATE: NV ZIP: 89118 FORMER COMPANY: FORMER CONFORMED NAME: BOYD GROUP DATE OF NAME CHANGE: 19941130 8-K 1 bgc20250812_8k.htm FORM 8-K bgc20250812_8k.htm false 0000906553 0000906553 2025-08-12 2025-08-12 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549   FORM 8-K __________________________   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (date of earliest event reported): August 12, 2025       Boyd Gaming Corporation (Exact Name of Registrant as Specified in its Charter)   Nevada 001-12882 88-0242733 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification Number)   6465 South Rainbow Boulevard Las Vegas , Nevada 89118 (Address of Principal Executive Offices, Including Zip Code)   ( 702 ) 792-7200 (Registrant’s Telephone Number, Including Area Code)   (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐          Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐          Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐          Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐          Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Exchange Act:   Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock , $0.01 par value BYD New York Stock Exchange   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ☐   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐           Item 8.01.       Other Events.   On August 12, 2025, the Board of Directors of Boyd Gaming Corporation declared a cash dividend of $0.18 per share, payable October 15, 2025, to shareholders of record on September 15, 2025.       2       SIGNATURE   Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunt

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