“This is a moment of significant opportunity for Pennsylvania’s gaming industry, and we look forward to exploring future growth initiatives at this property.” “Valley Forge represents a key expansion of our nationwide portfolio, giving us the opportunity to serve the vibrant Northeast region,” said Keith Smith, President and Chief Executive Officer of Boyd Gaming in a press release. With Valley Forge now under its wing, Boyd is the owner and operator of 25 casino properties in eight states – Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi and Pennsylvania. That move was finalized in September, as the popular First Avenue fun palace in King of Prussia became the Vegas-based company’s first property in the state of Pennsylvania.
UPPER MERION – Around this time last year, Boyd Gaming Corporation announced that it had entered into an agreement to acquire Valley Forge Casino Resort from Valley Forge Convention Center Partners LP for a cash consideration of $280.5 million.
