As a previously paid us$ 7 million deposit was credited towards the total selling price, Boyd Gaming received cash proceeds of us$ 58.5 million at closing.
The company intends to use proceeds for general corporate purposes, including repayment of debt.
Headquartered in Las Vegas, Boyd Gaming is a leading diversified owner and operator of 22 gaming entertainment properties located in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi and New Jersey.