Boyd Gaming Sells Sam's Town Casino in Louisiana to Bally's Corporation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 26 2026
0mins
Source: seekingalpha
- Transaction Details: Boyd Gaming Corporation announced the sale of Sam's Town Hotel & Casino in Shreveport, Louisiana, to Bally's Corporation for an undisclosed amount, with the casino featuring 29,000 square feet of gaming space, 750 slot machines, and 14 table games, indicating its market value.
- Market Confidence: Bally's Executive Chairman Soo Kim stated that the acquisition reflects the company's confidence in the Shreveport community and plans to reinvest to enhance the area's status as a premier gaming and entertainment destination, showcasing a long-term commitment.
- Strategic Adjustment: Boyd Gaming CEO Keith Smith noted that the sale aligns with the company's strategy to refine its operating model and nationwide property portfolio, indicating ongoing efforts to optimize asset allocation.
- Future Outlook: Bally's, as an existing operator, expects to close the transaction in Q3, subject to customary closing conditions and regulatory approvals, demonstrating confidence in the market's growth potential and the company's deep understanding of the local landscape.
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Analyst Views on BYD
Wall Street analysts forecast BYD stock price to rise
11 Analyst Rating
4 Buy
7 Hold
0 Sell
Moderate Buy
Current: 86.950
Low
84.00
Averages
93.70
High
110.00
Current: 86.950
Low
84.00
Averages
93.70
High
110.00
About BYD
Boyd Gaming Corporation is a gaming company. The Company operates over 27 brick-and-mortar gaming entertainment properties. It owns and operates Boyd Interactive, a business-to-business (B2B) and business-to-consumer (B2C) online casino gaming business. Its segments include Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online. The Las Vegas Locals segment consists of eight casinos in the Las Vegas metropolitan area. The Downtown Las Vegas segment consists of California Hotel and Casino, Fremont Hotel & Casino, and Main Street Station Hotel and Casino. Its Midwest & South properties consist of five land-based casinos, five dockside riverboat casinos, three racinos and four barge-based casinos that operate in ten states, predominantly in the Midwest and southern United States. The Online segment includes its online gaming technology company that provides proprietary solutions on both a B2B and B2C basis in regulated markets across the United States and Canada.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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