Boyd exits Shreveport, sells to Bally’s — CDC Gaming

For an undisclosed worth, Boyd Gaming has agreed to promote the belongings of Sam’s Town Shreveport to Bally’s Corp. The transaction was introduced on the morning of February 26.

By buying Sam’s Town, Bally’s features 750 slot machines, 14 desk video games, a 514-room lodge, and a conference heart. A 3rd-quarter closing is anticipated for the deal.

Bally’s already owns an eponymous casino-hotel in Shreveport, Louisiana. Company Chairman Soo Kim defined the choice to double-down in the marketplace. “As an existing operator in Shreveport, we know this market well and understand what makes it special — from its loyal customer base to its important role in the region’s broader gaming and entertainment landscape.”

Kim stated the acquisition was reflective of “our confidence in the community and our long-term commitment to growing our presence here. We see meaningful opportunities to reinvest in the market and further strengthen Shreveport’s position as a premier destination for gaming and entertainment.”

For his half, Boyd CEO Keith Smith defined the choice to exit Shreveport as being “consistent with our continued focus on refining our operating model and our nationwide property portfolio.” He added,  “We appreciate all of the contributions of its team members, past and present, in providing great service to our guests throughout the last two decades.” Sam’s Town had been within the Boyd portfolio since 2004.

At press time, there was no indication whether or not the Sam’s Town model would stay with the on line casino. Kim stated that his firm’s plans for Sam’s Town and for the Shreveport/Bossier City market could be revealed “in the near future.”

Bally’s will launch its full-year and fourth-quarter outcomes for 2025 on March 4.