Boyd Gaming has announced its interest in purchasing some of the assets of Station Casinos.
The company delivered a non-binding preliminary indication of interest to Station’s board of directors on Monday, in which it stated that it is considering acquiring 100 per cent of the company’s OpCo assets. Boyd values these assets at US$950m.
“We believe that Boyd is uniquely qualified to operate the assets of Station. We are dedicated to operating first class casino entertainment facilities and have demonstrated this commitment within the Las Vegas market for over 30 years,” the company’s statement said.
Boyd now plans to meet with Station’s key managers and visit its properties as part of the due diligence process.
