Boyd Gaming Issues Statement On MGM Resorts International's Relicensing In New Jersey

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Sep 10, 2014, 06:09 ET

LAS VEGAS, Sept. 10, 2014 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) today issued the following statement in response to the New Jersey Casino Control Commission's ruling that found MGM Resorts International qualified to resume as a 50% owner of Borgata Hotel Casino & Spa.

Keith Smith, President and Chief Executive Officer of Boyd Gaming, said: "Boyd Gaming is pleased with today's decision by the New Jersey Casino Control Commission. MGM Resorts has been an excellent and valued partner at Borgata over the years.

"Boyd Gaming remains the managing partner of Borgata, which has been the case since the formation of our joint venture. Accordingly, day-to-day operations at the property will be unchanged. We look forward to continuing to build on Borgata's long track record of success as the region's leading entertainment resort destination."

About Boyd Gaming
Headquartered in Las Vegas, Boyd Gaming Corporation (NYSE: BYD) is a leading diversified owner and operator of 22 gaming entertainment properties located in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi and New Jersey. Boyd Gaming press releases are available at www.prnewswire.com. Additional news and information on Boyd Gaming can be found at www.boydgaming.com.