Boyd Gaming has entered into a definitive agreement to sell Sam’s Town Hotel & Casino in Louisiana to Bally’s Corporation for an undisclosed amount.
Located adjacent to Bally’s Shreveport Casino & Hotel in downtown Shreveport, Sam’s Town Shreveport features a 29,000-square-foot casino with 750 slot machines and 14 table games, a 514-room hotel, multiple restaurants, a live entertainment venue, and convention and meeting space.
“As an existing operator in Shreveport, we know this market well and understand what makes it special – from its loyal customer base to its important role in the region’s broader gaming and entertainment landscape,” said Bally’s executive chairman Soo Kim. “The acquisition of Sam’s Town Shreveport reflects our confidence in the community and our long-term commitment to growing our presence here.
“We see meaningful opportunities to reinvest in the market and further strengthen Shreveport’s position as a premier destination for gaming and entertainment. We look forward to sharing more about our broader vision and plans for the property and the market in the near future.”
Boyd Gaming president and CEO Keith Smith commented: “The sale of our Sam’s Town Shreveport property is consistent with our continued focus on refining our operating model and our nationwide property portfolio. Sam’s Town Shreveport has been a part of our company since 2004, and we appreciate all of the contributions of its team members, past and present, in providing great service to our guests throughout the last two decades.”
The transaction is expected to close in the third quarter of 2026, subject to the satisfaction of customary closing conditions and the receipt of required regulatory approvals.
Bally’s currently owns three casinos in Louisiana – Bally’s Shreveport Casino, Bally’s Baton Rouge and The Queen Baton Rouge.
Shares in Boyd Gaming Corporation (NYSE:NYD) were trading 1.30 per cent higher at $86.03 per share in New York following the announcement Thursday, while shares in Bally’s Corporation (NYSE:BALY) gained 3.92 per cent to $14.04.