Boyd Gaming acquires four Pinnacle Entertainment assets

15 October 2018

(PRESS RELEASE) -- Boyd Gaming Corporation today announced that it has completed its acquisition of the operations of four properties from Pinnacle Entertainment, Inc.: Ameristar St. Charles (Missouri); Ameristar Kansas City (Missouri); Belterra Casino Resort in Florence, Indiana; and Belterra Park Gaming & Entertainment Center in Cincinnati, Ohio.

As part of the transaction, Boyd Gaming has entered into a master lease agreement with Gaming and Leisure Properties, Inc., which owns the real estate of Ameristar St. Charles, Ameristar Kansas City and Belterra Casino Resort. Boyd Gaming acquired both the operations and real estate of Belterra Park, utilizing financing from GLPI for the purchase of the Belterra Park real estate assets.

The acquisition follows the Company's recent purchase of Valley Forge Casino Resort in King of Prussia, Pennsylvania, on 17 September. Boyd Gaming now operates 29 casino properties in 10 states – Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio and Pennsylvania.

"By adding these four high-quality properties, we have significantly expanded our portfolio and enhanced our free cash flow profile at a compelling multiple," said Keith Smith, President and Chief Executive Officer of Boyd Gaming. "We have gained a strong presence in three of the Midwest's largest gaming markets, with access to millions of potential new customers. We are pleased to welcome the Ameristar and Belterra team members to Boyd Gaming, and look forward to great success together."

Related Links
Ameristar Casino Resort Spa Saint Charles Details
Ameristar Casino Hotel Kansas City Details
Boyd Gaming Gaming Vendor Information
Belterra Park Gaming Details
Belterra Casino Resort Details
Valley Forge Casino Resort Details

Featured Vendors
TribalHub
Imagine This
TribalHub
26th Annual TribalNet Conference Sept 15-18, 2025 at Grand Sierra Resort and Casino in Reno, Nevada
Imagine This
Imagine This #1 Source for Player Gifts. Over $50 million in stock ready to ship! Let us serve you!
Texas Slots & Gaming
REDW Business & Financial Resources, LLC
Texas Slots & Gaming
Wholesale gaming reimagined. Texas Slots & Gaming is your sustainable gaming partner.
REDW Business & Financial Resources, LLC
Improve Your Odds of Success: Trust in REDW’s Tribal Casino Operations & Audit Experts!
Casino City Press
Sunkist Graphics, Inc.
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
Betson Imperial Parts & Service
Casino Network
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands
Rymax Marketing Services, Inc.
Slot Machines Unlimited
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
Casino Schedule Ease
Concept 3, LLC
Casino Schedule Ease
Full Featured & customizable for the complex scheduling needs of table games & other casino depts
Concept 3, LLC
Custom Creations, Unmatched Value – Elevating Brands with Quality & Savings Since 2004
Players Pal
Prezzee
Players Pal
Revolutionize the way you connect with your casino players with the Players Pal mobile app
Prezzee
Prezzee provides digital gift cards from top brands to reward loyal guests and employees.
Regulatory Management Counselors, PC
Oklahoma Indian Gaming Association (OIGA) Conference
Regulatory Management Counselors, PC
Over 45 years of experience serving the legal and regulatory needs of casino industry clients
Oklahoma Indian Gaming Association (OIGA) Conference
The biggest little show in Indian gaming! Save the date: July 14-16, 2025 Oklahoma City


Your Guide to 14,963 Gaming Industry Suppliers