Boyd Gaming Corp. (BYD) acquires Peninsula Gaming LLC

May 21, 2012 8:35 PM

Boyd Gaming Corp. (BYD) announced last week it is acquiring Peninsula Gaming LLC for $1.45 billion.

Involved are two casinos in Iowa, a racetrack and a casino in Louisiana, and the recently-opened Kansas Star Casino in Mulvane, Kan.

This will be the company’s initial entry into both Iowa and Kansas, while it already has racinos in Louisiana.

The company said it felt the purchase would give it an opportunity to enter growth markets.