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Stock Market & Financial Investment News

News Breaks
February 28, 2013
08:35 EDTBYDBoyd Gaming announces agreement to sell Daniel Jai-Alai for $65.5M
Boyd Gaming announced that it has entered into a definitive agreement to sell the assets of Dania Jai-Alai in Dania Beach, Fla., to Dania Entertainment Center for $65.5M in cash. As part of the agreement, Dania Entertainment has dismissed with prejudice its lawsuit filed in November 2011, following Boyd Gaming's termination of the initial sale agreement. As part of the agreement, the $7M deposit previously paid by Dania Entertainment to Boyd Gaming will be applied to the purchase price. Subject to terms of the definitive agreement and satisfaction of closing conditions, the transaction is expected to close on or before May 24. Upon execution of the purchase agreement, Dania Entertainment paid Boyd Gaming a non-refundable deposit of $4M. The full amount of the deposit will be applied to the purchase price upon closing of the transaction.
News For BYD From The Last 14 Days
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July 25, 2014
09:32 EDTBYDNevada reports June statewide gaming win up 14.4% to $906.9M
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July 24, 2014
09:09 EDTBYDBoyd Gaming announces senior executive appointments
Boyd Gaming announced several senior executive appointments. Chris Gibase has been appointed to the newly created position of CMO. Gibase previously served as Senior VP, Operations, for 10 years. Boyd Gaming also has named two executives Steve Schutte and Vince Schwartz to the position of Senior VP, Operations. Additionally, Boyd Gaming has expanded the responsibilities of Ted Bogich, Senior VP, Operations of Midwest properties. In his new role, Bogich will be responsible for Blue Chip, Par-A-Dice, Kansas Star, Delta Downs and Evangeline Downs. Gibase, Bogich, Schwartz and Schutte will report directly to Paul Chakmak, Executive VP and COO.
July 14, 2014
14:04 EDTBYDNJ reports Atlantic City June gaming win $236M
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