Boyd Gaming to Purchase Riverboat Casino - 2004-01-22
Las Vegas-based Boyd Gaming on Tuesday evening publicized a $190 million deal to purchase Harrah's Shreveport riverboat in northwestern Louisiana, a deal company executives feel adds a solid cash-producing casino at an attractive value.
The settlement is also a bonus for Harrah's Entertainment, that company's executives stated, because it eases worries about Harrah's market concentration in the Shreveport area pending its $1.45 billion agreement to buy Jack Binion's three-riverboat casino company.
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