Boyd Will buy Four Epitome Casinos; Penn National Accomplishes $2. 8-Billion Pinnacle Acquisition
Boyd completes getting four Top casinos to pave how for the seal of Penn National’s $2. 8-billion purchase of Pinnacle
Serious gaming provider Boyd Video gaming Corporation released today not wearing running shoes has achieved the purchase of four betting house properties by rival Epitome Entertainment for any approximate level of $563. some million for cash. Boyd has now extra Ameristar St. Charles and even Ameristar Might in Missouri, Belterra Online casino Resort inside Florence, Indiana, and Belterra Park around Cincinnati, Kentkucky to its portfolio for venues.
Package has triggered Boyd extending its UNITED STATES presence throughout 10 states , utilizing those being Illinois, Indy, Iowa, Kansas, Louisiana, Mississippi, Missouri, Cellisca, Ohio, and also Pennsylvania. Including the four above-mentioned casinos, the organization now performs 29 properties.
The deal’s completion can come less than a calendar month after Boyd completed the exact purchase of Basin Forge Gambling house Resort around King involving Prussia, Pd.
Commenting about the closure regarding its recent acquisition bargain, Boyd Web design manager and PRESIDENT Keith Jackson said that there are expanded all their portfolio drastically and has increased their cost-free cash flow profile at a ‘compelling multiple. ‘ The administrating also remarked that the addition of the exact four qualities has gained them admission to three in the largest game playing markets while in the Midwest. Continue reading Boyd Will buy Four Epitome Casinos; Penn National Accomplishes $2. 8-Billion Pinnacle Acquisition