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Boyd Gaming Corporation is a multi-jurisdictional gaming company that owns and operates 11 casino entertainment facilities. The Company has operated in the Las Vegas market for more than two decades and has entered several other gaming jurisdictions in the past seven years. Boyd owns and operates seven facilities in three distinct markets in Las Vegas, Nevada: the Stardust Resort and Casino (Stardust) on the Las Vegas Strip; Sam's Town Hotel and Gambling Hall (Sam's Town Las Vegas), the Eldorado Casino (Eldorado) and the Jokers Wild Casino (Jokers Wild) on the Boulder Strip; and the California Hotel and Casino (California), the Fremont Hotel and Casino (Fremont) and Main Street Station Casino, Brewery and Hotel (Main Street Station) in downtown Las Vegas. The Company also owns four facilities in other gaming jurisdictions. The Company owns and operates Sam's Town Hotel and Gambling Hall, a dockside gaming and entertainment complex in Tunica County, Mississippi (Sam's Town Tunica), the Par-A-Dice Hotel and Casino in East Peoria, Illinois (Par-A-Dice) and the Treasure Chest Casino (Treasure Chest), a riverboat casino in Kenner, Louisiana. Through January 31, 2000, the Company managed, for the Mississippi Band of Choctaw Indians, the Silver Star Resort and Casino (Silver Star), a land-based gaming and entertainment complex located near Philadelphia, Mississippi. The Company also owns and operates Vacations Hawaii, a travel agency that operates for the benefit of the California, Fremont and Main Street Station. The Company is also developing The Borgata, a $1 billion entertainment destination resort in Atlantic City, through a joint venture with MGM MIRAGE. Boyd conducts substantially all of its business through seven wholly owned subsidiaries: California Hotel and Casino (CH&C); Boyd Tunica, Inc.; Boyd Kenner, Inc.; Boyd Louisiana L.L.C.; Par-A-Dice Gaming Corporation; Boyd Indiana, Inc.; and Boyd Atlantic City, Inc. (BAC). As of December 31, 2000, the Company owned an aggregate of approximately 512,400 square feet of casino space, containing 14,366 slot machines and 417 table games. The Company derives the majority of its ongoing gross revenues from its casino operations, which produced 74%, 68% and 68%, respectively, of ongoing gross revenues during 2000, 1999 and 1998. Food and beverage revenue, which produced 13.6%, 14.7% and 15.1%, respectively, of ongoing gross revenues during 2000, 1999 and 1998, represented the only other revenue source that produced more than 10% of ongoing gross revenues during this time frame. The Stardust is a casino hotel complex with approximately 75,000 square feet of casino space, a conference center containing approximately 35,000 square feet of meeting space and the Wayne Newton Theatre, seating up to 981 guests. The casino offers approximately 1,600 slot machines and 69 table games, including tables featuring "21," craps, roulette, baccarat, mini-baccarat, Big Six, progressive pai gow poker, Caribbean stud, Let it Ride and poker, as well as keno. The Stardust features 1,552 guest rooms, of which 1,316 are in its 32-story hotel tower. The Stardust complex has six restaurants, a shopping arcade, two swimming pools and parking spaces for approximately 3,400 cars. The Stardust caters primarily to adult Las Vegas visitors seeking the classic Las Vegas gaming experience. Patrons of the Stardust come primarily from the western United States, including Southern California and Arizona, and the Midwest. Sam's Town Las Vegas features an approximately 133,000-square -oot casino and a 56-lane bowling center. The gaming facilities include approximately 3,300 slot machines and 43 table games, including tables featuring "21," craps, roulette, pai gow and Caribbean stud poker, as well as keno, a race and sports book, bingo and poker. The property has 648 guest rooms, 12 restaurants, 500 spaces for recreational vehicles and approximately 3,800 parking spaces, including three parking garages that together can accommodate up to 3,000 cars. The resort features a 25,000-square-foot atrium that contains extensive foliage and trees, streams, bridges and an impressive waterfall with a laser light show. There are several restaurants adjacent to the atrium. The Eldorado casino has 16,000 square feet of gaming space featuring approximately 600 slot machines and 11 table games, including tables featuring "21," craps, roulette and pai gow, as well as keno, bingo and a sports book. The facility also offers three restaurants, a children's arcade and a parking garage for up to 500 cars. The principal customers at the Eldorado are Henderson residents. Jokers Wild offers 22,500 square feet of casino space with 640 slot machines and 11 table games, including tables featuring "21," craps and roulette, as well as keno and a sports book. The facility also offers a 24-hour restaurant, a buffet, an entertainment lounge, a sports bar, a video arcade and approximately 800 parking spaces. Jokers Wild serves both local residents and visitors to the Las Vegas area traveling on the Boulder Highway. The California has 36,000 square feet of gaming space, 781 guest rooms, five restaurants, approximately 5,000 square feet of meeting space and more than 800 parking spaces, including a parking garage for up to 425 cars. The casino offers approximately 1,100 slot machines and 35 table games, including tables featuring "21," craps, roulette, pai gow and Caribbean stud, as well as keno and a sports book. The Fremont offers 32,000 square feet of casino space, including 1,121 slot machines and 27 table games, with tables featuring "21," craps, roulette, pai gow and Caribbean stud, as well as keno and a race and sports book. The hotel has 447 guest rooms and five restaurants including the Second Street Grill, an upscale contemporary restaurant, and the Paradise Buffet, which features tropical-themed surroundings. Main Street Station includes 28,500 square feet of gaming space with 20 table games and 927 slot machines. The property also includes 406 hotel rooms, a 475-seat buffet, a 125-seat specialty restaurant, a 200-seat brew pub and oyster bar, expanded parking to include over 2,000 spaces and a 96-space recreational vehicle park. Sam's Town Tunica features a hotel with 843 rooms, including 49 suites, and a 1,000-car parking garage. The complex offers a two-story casino of approximately 75,000 square feet featuring 1,600 slot machines and 63 table games, including tables featuring "21," craps, roulette, poker, Caribbean stud and pai gow, as well as live keno. The property features extensive amenities including the hotel, an entertainment lounge featuring regional country-western and top-40 music, five restaurants including Corky's B-B-Q, featuring the food of the popular Memphis eatery, bars, specialty shops and the River Palace Arena, a 1,650-seat entertainment facility featuring a cross-section of national recording artists. Treasure Chest is a riverboat casino operation located on Lake Pontchartrain in Kenner, Louisiana, near the New Orleans International Airport. Treasure Chest primarily serves patrons from Jefferson Parish, including suburbs on the west side of New Orleans. Par-A-Dice riverboat casino measures 238 feet long and 66 feet wide and features 33,000 square feet of gaming space on four levels with approximately 1,122 slot machines and 34 table games, as well as limited food and beverage services. Located adjacent to Par-A-Dice is the Par-A-Dice Hotel, a 208-room hotel with food and beverage, banquet and meeting facilities. yahoo.marketguide.com Company Home page link: boydgaming.com | ||||||||||||||
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