Boyd Takes Over Valley Forge Casino
Boyd Gaming, which owns 24 casinos across the country, last week officially took title to Pennsylvania’s Valley Forge casino, quickly moving to take advantage of changes in last year’s gaming expansion law allowing Category 3 resort casinos like Valley Forge add slot machines and participate in online gaming.
The Las Vegas-based regional casino leader completed its $280.5 million acquisition of the property and announced it will soon add 250 slot machines to the property, which is in King of Prussia.
Boyd CEO Keith Smith said in a statement the operator will closely examine offering both online gaming and sports betting through its existing partnership with FanDuel Group. The company already has applied for a full online gaming license.
The company now owns 25 casinos in eight states—Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi and Pennsylvania.
The Valley Forge resort, located two miles north of the King of Prussia Mall, encompasses a 40,000-square foot casino with 600 slot machines, 50 table games, and nearly 500 hotel rooms. The property also has eight restaurants and bars, and more than 100,000 square feet of meeting, convention and exhibit space.