Boyd lays off workers nationwide, including top veeps

24 January 2013

LAS VEGAS -- Boyd Gaming Corporation laid off an undisclosed number of workers Wednesday, including three corporate vice presidents.

The Las Vegas-based casino operator said the number of layoffs was less than 1 percent of the company's workforce.

Boyd Gaming spokesman David Strow said the layoffs came in several of the company's markets across the country. He said the company evaluated staffing levels and current business volumes.

"As we all know, revenue is unpredictable," Strow said.

Boyd Gaming employed about 25,000 workers nationwide after two recent acquisitions. In November, Boyd completed a $1.45 billion purchase of Peninsula Gaming, which gave the company casinos in two new markets, Iowa and Kansas, while adding to its base in Louisiana.

Thirteen months earlier, Boyd Gaming spent $278 million to purchase the IP Biloxi in Mississippi from the Englestad Family Foundation.

The acquisitions gave Boyd Gaming 22 properties in eight states - Nevada, New Jersey, Illinois, Indiana, Iowa, Kansas, Louisiana and Mississippi.

In Las Vegas, Boyd Gaming operates three downtown casinos, three Coast Casinos brands and Sam's Town. In Atlantic City, Boyd owns 50 percent of the Borgata and manages the resort.

Boyd Gaming halted development of the $4.8 billion Echelon on the Strip in 2008. The company is expected to begin a "beautification" of the Echelon site, which will involve landscaping and a wrap covering the unfinished buildings.

The layoffs also hit the company's corporate offices. Vice President of Corporate Marketing Dan Stark lost his position along with Vice President of Corporate Communications Rob Meyne and Vice President of Human Resources Bob Gerst.

Stark spent 13 years with Boyd Gaming and was responsible for the company's sponsorship programs with the National Finals Rodeo and NASCAR.

Related Links


Copyright GamingWire. All rights reserved.
Featured Vendors
Broadband Hospitality
RSA Executive Search
Broadband Hospitality
Improve these critical guest-facing amenities: In-room TV, Wi-Fi, Mobile App. Priced right. All here
RSA Executive Search
A Boutique Search firm specializing in the Recruitment of Hospitality and Gaming Entrepreneurs
Casino Essentials
Bar Maid Corporation
Casino Essentials
The Ultimate Online Training Platform for the Casino Industry
Bar Maid Corporation
Clean and dry thousands of chips, dice and tiles per hour with the high-speed CHIP CHAMPION machine!
Slot Machines Unlimited
Casino Network
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands
Betson Imperial Parts & Service
Breathe Easy with Smokefree Casinos- a project of the American Nonsmokers’ Rights Foundation
Betson Imperial Parts & Service
You one stop shop for all your gaming and OEM needs!
Breathe Easy with Smokefree Casinos- a project of the American Nonsmokers’ Rights Foundation
Breathe easier during COVID-19. We can help you reopen smokefree for everyone’s health.
Slot-Tickets Worldwide
Casino City Press
Slot-Tickets Worldwide
Slot-Tickets® Worldwide, The Original and Still the Best.
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
Casino Schedule Ease
Rymax Marketing Services, Inc.
Casino Schedule Ease
Get a 90-Day Free Trial of 100% contactless, customizable table game & full casino scheduling
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
Gaming Tickets, Inc.
TribalHub
Gaming Tickets, Inc.
35 years in the gaming industry - premium quality slot tickets, lottery tickets on time under budget
TribalHub
22nd Annual TribalNet Conference & Tradeshow Nov 8-11, 2021 Gaylord Texan Resort, Grapevine TX
Castle Merchandising Inc
Castle Merchandising Inc
Brand Name Products for your Player Rewards and Loyalty Programs


Your Guide to 15,646 Gaming Industry Suppliers