Boyd Gaming acquires Coast Casinos

[MikeH]

Boyd Gaming, owner of the Stardust, Delta Downs, and other casinos, has agreed to buy Coast Casinos. Coast is one of the 2 Las Vegas companies that caters to the Vegas Valley locals. (Station Casinos is the other.)

You can read the complete details here:

http://www.fool.com/News/mft/2004/mft04020911.htm

[Gold Bay]

Coast also has a managment deal with the local Indian Casino.They manage Thunder Valley casino out side Sacramento.They get 20% of the net for mgmt duties.This was reported to be 20 million in the first quarter of operation.Smart business planning if you wont come to Nevada to play we will come to you.

[Valuist]

The Coast casinos own the Gold Coast and the Orleans; both of whom have major handicapping contests.

[kitts]

Coast Casinos also own Barbary Coast and Suncoast, both horseplayer oriented. The new owner, Boyd, has the Stardust which seems to like horseplayers. But Coast Casinos really go out of their way for horseplayers. I have a phone bet account at Gold Coast and they have been good. No trouble cashing the comp points either. Incidentally, I used to have a phone bet account at Stardust. 'Nuf said.