Management News

Morgans Hotel Group Co. and Boyd Gaming Corporation announced their development and design plans for the new Mondrian and Delano hotels at Echelon in Las Vegas.

Bill Boyd, Chairman and Chief Executive Officer for Boyd Gaming and Bob Boughner, President and Chief Executive Officer of Boyd Gaming's Echelon Resorts, joined top company executives along with executives from its strategic partners, Morgans Hotel Group, Shangri-La Hotels and Resorts, AEG Live and General Growth Properties at a groundbreaking ceremony.

Penn National Gaming has entered into a definitive agreement to be acquired by certain funds managed by affiliates of Fortress Investment Group LLC and Centerbridge Partners LP in an all-cash transaction valued at approximately $8.9 billion.

Penn National Gaming, Inc. reports results of its Annual Meeting of Shareholders, which was held earlier today.

enn National Gaming, Inc. reports that John Chaszar has been named General Manager of its Hollywood Casino - Bay St. Louis property, effective August 1, 2007.

Boyd Gaming Corporation reports that it has completed its new $4 billion revolving credit facility.

News Brief: Penn National Gaming wants to keep the Empress Casino.

Boyd executives have decided to partner with retail giant General Growth Properties, which will soon oversee three of the Strip's largest shopping centers.

Boyd Gaming Corporation has signed a joint venture agreement with General Growth Properties, Inc. to develop a 300,000-square-foot retail promenade as part of Echelon.

News Brief: Penn National Gaming Inc. gave the green light to resume construction on its $131 million gaming and hotel complex on Main Street in Bangor, company spokesman Eric Schippers confirmed.

The battle for control of Riviera's parent company might be escalating into a bidding war.

Navegante Group, the company that manages the largest group of downtown Las Vegas casinos, is leaving, a move that adds even more uncertainty to an already struggling gambling market.

News Brief: A legislative push to increase the state’s share of revenues from Hollywood Slots at Bangor could scuttle the Penn National Gaming’s $131 million project in the city.

While it spends much of the next three years building the $4.4 billion Echelon on the former Stardust site, Boyd Gaming Corp. will rely on its Las Vegas locals properties and the Borgata in Atlantic City to carry the bulk of the company's revenue stream.

Boyd Gaming Corporation today reported financial results for the first quarter ended March 31, 2007.