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Boyd Gaming Buys Barbary Coast - Gives Harrahs The Finger

By Chuckmonster on Tuesday, 6th September 2005 6:38pm
  » filed under Las Vegas  comments: 0

   

Boyd Gaming Corp. has purchased two acres of land under its Barbary Coast casino for future development.

Boyd bought two acres that the company didn't yet own and had been subject to a long-term lease. The purchase price was $15.7 million.

The company now owns all of the 4.3-acre Barbary Coast site on the corner of Flamingo Road and Las Vegas Boulevard.

The purchase "greatly expands our development possibilities on the Barbary Coast site," Boyd Gaming Chairman and Chief Executive Bill Boyd said in a statement. "While we have no plans in the near term, having full ownership of the entire property at such a premier location greatly enhances the number of development options we have when we are ready to redevelop the property."


[ This is great news, or its an amazing power play directly into the snarling fangs of the behemoth known as Harrahs. Go Boyd Go! - Ed ]



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