Boyd Gaming plans to open new Cadence Crossing on line casino in late March | Casinos & Gaming

Boyd Gaming expects to open its Cadence Crossing on line casino in Henderson in late March, firm executives stated Thursday in a convention name asserting the corporate’s fourth-quarter and end-of-year earnings.

The 50,000-square-foot venture with a ten,000-square-foot on line casino, Boyd’s first growth in additional than 20 years, is changing the corporate’s Jokers Wild property on Boulder Highway.

Boyd officers initially stated Cadence Crossing would open in mid-2026, however Boyd President and CEO Keith Smith famous the March opening when addressing traders on the decision.

“The adjacent community of Cadence has more than 1,200 new homes sold in 2025 alone,” Smith instructed traders. “This is the third-best sales performance of any masterplanned community in the country. Strong residential growth is continuing throughout the neighborhood. We believe Cadence Crossing Casino will be well positioned to deliver a strong return on our investment.”

Boyd has not stated how a lot it’s spending on the venture, however it’s dedicating $100 million in capital enhancements to improve resorts throughout the nation.

Cadence may have 450 slot machines and a number of other as-yet-unidentified meals and beverage retailers. Boyd intends to tempo growth of Cadence Crossing with progress of the Cadence growth. Eventually, the corporate plans to connect a lodge with an unspecified variety of rooms to the on line casino however a timetable hasn’t been disclosed.

During the decision, Smith additionally stated Boyd would full its modernization venture on the Suncoast by the third quarter. Next on the corporate’s capital funding schedule shall be enhancements to the Orleans in Las Vegas.

Boyd, which has 27 casinos in 11 states and manages a California tribal property, in November opened a short lived on line casino in Norfolk, Virginia. The $750 million waterfront on line casino resort, being in-built a partnership with the Pamunkey Indian Tribe, will open in late 2027 and can characteristic a 200-room lodge, eight meals and beverage retailers and a on line casino with 1,500 slot machines and 50 desk video games.

Smith stated Boyd generated a file $4.09 billion in income in 2025, however web earnings and earnings fell within the fourth quarter.

The firm reported web earnings of $138.8 million, $1.79 a share, on income of $1.062 billion for the quarter that ended Dec. 31. That in contrast with web earnings of $170.5 million, $1.92 a share, on income of $1.04 billion within the fourth quarter of 2024.

Boyd shares, traded on the New York Stock Exchange, closed down $1.14, 1.3 %, to $83.64 a share on above-average buying and selling quantity.

Contact Richard N. Velotta at [email protected] or 702-477-3893. Follow @RickVelotta on X.