Boyd Gaming Receives Final Regulatory Approval To Acquire Peninsula Gaming

  Boyd Gaming Receives Final Regulatory Approval To Acquire Peninsula Gaming

PR Newswire

LAS VEGAS, Nov. 16, 2012

LAS VEGAS, Nov. 16, 2012 /PRNewswire/ --Boyd Gaming Corporation (NYSE: BYD)
today announced that the Kansas Racing and Gaming Commission has approved the
Company's proposed acquisition of Peninsula Gaming, LLC.


Boyd Gaming has now received all required regulatory approvals required to
proceed with the acquisition. The transaction is expected to close on
November 20, 2012.

"This is a significant milestone, and we look forward to welcoming the
Peninsula team to Boyd Gaming," said Keith Smith, President and Chief
Executive Officer of Boyd Gaming. "The acquisition of Peninsula Gaming will
strengthen our Company financially by diversifying our operations, nearly
doubling our free cash flow and delivering substantial value for our

About Boyd Gaming
Headquartered in Las Vegas, Boyd Gaming Corporation (NYSE: BYD) is a leading
diversified owner and operator of 17 gaming entertainment properties located
in Nevada, New Jersey, Mississippi, Illinois, Indiana, and Louisiana. Boyd
Gaming press releases are available at Additional news
and information on Boyd Gaming can be found at

Forward-looking Statements
This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Such statements contain words
such as "may," "will," "might," "expect," "believe," "anticipate," "could,"
"would," "estimate," "continue," "pursue," or the negative thereof or
comparable terminology, and include (without limitation) statements regarding
the timing for the anticipated closing acquisition, the expected benefits of
the acquisition, including through diversifying the Boyd Gaming's operations,
strengthening Boyd Gaming financially and delivering value to Boyd Gaming's
shareholders. Forward-looking statements involve certain risks and
uncertainties, including (without limitation) risks and uncertainties
encountered in integrating acquired businesses, and actual results may differ
materially from those discussed in each such statement. Factors that could
cause actual results to differ include (without limitation) the possibility
that the acquisition will not close on the expected terms, or at all; that
Boyd Gaming is unable to successfully integrate the acquired assets or capture
synergies; litigation, antitrust matters or the satisfaction or waiver of any
of the closing conditions that could delay or prevent the closing; and changes
to the financial conditions of the parties, or the credit markets, or the
economic conditions in the areas in which they operate. Additional factors are
discussed in "Risk Factors" in Boyd Gaming's Quarterly Report on Form 10-Q for
the quarter ended September 30, 2012, and in Boyd Gaming's other current and
periodic reports filed from time to time with the Securities and Exchange
Commission. All forward-looking statements in this press release are made as
of the date hereof, based on information available to Boyd Gaming as of the
date hereof, and Boyd Gaming assumes no obligation to update any
forward-looking statement.

SOURCE Boyd Gaming Corporation

Contact: Financial, Josh Hirsberg, +1-702-792-7234,, or Media, Rob Meyne, +1-702-792-7353,
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