Boyd Video pc gaming Company (NYSE: BYD) announced on Monday that its purchase of the procedures of 4 Peak Entertainment, Inc. residential or commercial homes consisting of Ameristar Kansas City (Missouri); Ameristar St. Charles (Missouri); Belterra Park in Cincinnati, Ohio; and Belterra Casino Hotel in Florence, Indiana, is finished.
Inning accordance with the official push release…
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A grasp rent contract, which belongs to the deal, is entered right into by the Las Vegas-headquartered company with realty financial investment trust, Video pc gaming and Recreation Residential or commercial homes, Inc. (NASDAQ: GLPI). The last is the proprietor of the realty of Ameristar Kansas City, Ameristar St. Charles and Belterra Casino Hotel.
Both the realty and the procedures of Belterra Park were acquired by Boyd Video pc gaming, having actually utilized funding from Video pc gaming and Recreation Residential or commercial homes, Inc. for purchasing realty possessions.
Previous purchase:
The present purchase gets on the heels of Boyd Gaming's September 17, 2018 purchase of Valley Create Casino Hotel in King of Prussia, Pennsylvania. The company is currently the driver of 29 video pc gaming and entertainment residential or commercial homes in 10 specifies consisting of Kansas, Indiana, Illinois, Nevada, Iowa, Mississippi, Ohio, Pennsylvania, Louisiana and Missouri.
Head of state and Chief Exec Policeman for Boyd Video pc gaming, Keith Smith said…
"By including these 4 top quality residential or commercial homes, we have significantly broadened our profile and improved our free capital account at a engaging several.
"We have gained a solid presence in 3 of the Midwest's biggest video pc gaming markets, with access to countless potential new customers. We are delighted to invite the Ameristar and Belterra staff member to Boyd Video pc gaming, and appearance ahead to great success with each other."
Expanding company:
Established in 1975, Boyd Video pc gaming Company presently runs 1.76 million settle feet of casino space, approximately 900 table video games, 38,000 video pc gaming devices, 320 food and drink electrical outlets and greater than 11,000 resort rooms.
