Boyd Gaming receives regulatory approval to acquire IP Biloxi

LAS VEGAS, Nevada -- (PRESS RELEASE) -- Boyd Gaming Corporation (NYSE: BYD) today announced that the Mississippi Gaming Commission has approved the Company's proposed acquisition of the IP Casino Resort Spa in Biloxi, Mississippi.

With today's action, the Company has received all required regulatory approvals to proceed with the acquisition. The transaction is expected to close on October 4, 2011.

"We look forward to joining the Mississippi Gulf Coast with this market-leading property," said Keith Smith, President and Chief Executive Officer of Boyd Gaming. "The IP's employees enjoy a strong reputation for delivering first-rate customer service, and we are excited to welcome them to the Boyd Gaming team."

About Boyd Gaming
Headquartered in Las Vegas, Boyd Gaming Corporation (NYSE: BYD) is a leading diversified owner and operator of 16 gaming entertainment properties located in Nevada, New Jersey, Mississippi, Illinois, Indiana, and Louisiana.