Boyd Gaming Reports Stock Pricing

LAS VEGAS – (PRESS RELEASE) -- Boyd Gaming Corporation (NYSE: BYD) today announced the pricing, after the close of market on August 1, 2006, of a registered public offering of 11,842,504 shares of its common stock offered by Michael J. Gaughan. The shares were priced at $33.75 per share, before taking into account applicable underwriting discounts and commissions. The closing of the offering is expected to occur on August 7, 2006, subject to the satisfaction of customary closing conditions. Mr. Gaughan has granted the underwriters an option to purchase up to 500,000 additional shares on or before August 31, 2006 to cover over-allotments, if any.

Deutsche Bank Securities Inc. and Lehman Brothers Inc. are acting as joint book-running managers of the offering. A copy of the prospectus and prospectus supplement in connection with the offering may be obtained from the prospectus department of Deutsche Bank Securities Inc., 60 Wall Street, New York, New York 10005 or Lehman Brothers Inc. c/o ADP Financial Services, Integrated Distribution Services, 1155 Long Island Avenue, Edgewood, NY 11717.