Boyd sells Sam’s Town Shreveport on line casino to Bally’s | Casinos & Gaming

A Las Vegas-based on line casino operator is promoting one in every of its out-of-market properties.

Boyd Gaming Corp. has bought Sam’s Town on line casino in Shreveport, Louisiana, to Bally’s Corp. for an undisclosed quantity, the 2 corporations introduced Thursday.

Sam’s Town Shreveport encompasses a 29,000-square-foot on line casino flooring and 514 resort rooms. It is straight adjoining to Bally’s Shreveport Casino & Hotel.

Soo Kim, government chairman of Bally’s, mentioned the corporate already has a familiarity with Shreveport market and understands the shopper base.

“The acquisition of Sam’s Town Shreveport reflects our confidence in the community and our long-term commitment to growing our presence here,” Kim mentioned in a press release. “We see meaningful opportunities to reinvest in the market and further strengthen Shreveport’s position as a premier destination for gaming and entertainment.”

Kim mentioned a “broader vision and plans for the property and the market,” could be shared within the “near future.”

Bally’s at present has a handful of initiatives both underway or within the planning phases throughout the nation. The Rhode Island-based operator holds the rights to the developable land the place Tropicana Las Vegas as soon as stood, a portion of which is getting used for building of the A’s baseball stadium. Bally’s is presently establishing a on line casino in Chicago and was not too long ago awarded a New York gaming license to function a yet-to-be-designed on line casino in The Bronx.

The buy of Sam’s Town will increase Bally’s home on line casino portfolio to incorporate 19 properties throughout 11 states.

Boyd, which celebrated its fiftieth anniversary in 2025, has additionally been lively not too long ago. In March, Boyd acquired Resorts Digital, the net gaming arm of Atlantic City’s Resorts Casino Hotel. In July, the corporate bought its 5 p.c stake in Flutter Entertainment plc, the mum or dad firm of FanDuel Group, for $1.75 billion.

The firm plans to open Cadence Crossing on line casino subsequent month. The Henderson property is Boyd’s first new on line casino opening in additional than 20 years.

“The sale of our Sam’s Town Shreveport property is consistent with our continued focus on refining our operating model and our nationwide property portfolio,” Keith Smith, president and chief government officer of Boyd Gaming, mentioned in a press release. “Sam’s Town Shreveport has been a part of our Company since 2004, and 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.”

The sale of Sam’s Town Shreveport is anticipated to shut within the third quarter, pending regulatory approval.

Contact David Danzis at ddanzis@reviewjournal.com or 702-383-0378. Follow @AC2Vegas_Danzis on X.