Boyd Gaming Corporation today announced that it has completed its acquisition of Lattner Entertainment Group Illinois, LLC. In May, Boyd had announced that it had entered into a definitive agreement to purchase Lattner for total cash consideration of $100 million.
Keith Smith, President and Chief Executive Officer of Boyd Gaming, said: "The acquisition of Lattner is a strategic opportunity to further diversify and expand our business. Lattner will provide us a valuable new avenue to access gaming customers, and a platform to participate in the expansion of distributed gaming. We are excited to welcome the Lattner team to Boyd Gaming, and look forward to establishing ourselves as one of the leading distributed gaming operators in the country."
Lattner is a distributed gaming operator with nearly 1,000 gaming units in more than 200 locations across the state of Illinois.