Boyd Gaming completed the acquisition of the Aliante Casino Hotel and Spa in northern Las Vegas, with the casino operator to pay up to US$380m for the property.

The operator has acquired the Aliante's holding company ALST Casino Holdco, becoming Boyd's first property in north Las Vegas and its tenth in the Las Vegas Valley area.

It now owns 22 casinos across Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana and Mississippi, and has since agreed a deal to acquire the Las Vegas assets of Cannery Casino Resorts.

Opened in 2008, the Aliante includes an 82,000 square foot casino floor; a 170-seat race- and sportsbook; a 202-room hotel; 16-screen movie theatre and 650-seat showroom.

"As the premier gaming asset in North Las Vegas, Aliante provides a tremendous opportunity to participate in the long-term growth of the northern part of the Las Vegas Valley," Boyd Gaming president and chief executive Keith Smith said.
"We see a bright future ahead for Aliante, and we look forward to working with its talented team members in helping the property realize its full potential."

Under Boyd's ownership, the Aliante will become part of the operator's Race and Sports Hub, which will offer odds on a range of sports. Aliante customers will also be able to access Boyd's mobile sportsbook app.

The casino will now be managed by Kerrie Burke, who has been appointed the venue's vice president and general manager, while vice president of human resources Rich Danzak has been named assistant general manager.

Shares in Boyd Gaming Corporation (Co. Data) (NYSE:BYD) were trading up 1.06 per cent at $19.47 per share in New York earlier Wednesday.