The largest segment of its business is in the Midwestern and Southern parts of the country, where the company currently operates 12 casino properties:
+ Blue Chip Casino Hotel Spa, located an hour’s drive from Chicago in Michigan City, IN;
+ Par-A-Dice Hotel Casino, in East Peoria, IL;
+ Two Diamond Jo-branded casinos in Dubuque and Worth County, IA;
+ Kansas Star Casino, Hotel and Event Center, near Wichita, KS;
+ Treasure Chest Casino, serving metropolitan New Orleans, LA;
+ Delta Downs Racetrack Casino and Hotel, located just east of the Texas border in Vinton, LA;
+ Sam's Town Hotel and Casino in Shreveport, LA;
+ Evangeline Downs Racetrack Casino in Opelousas, LA;
+ Amelia Belle Casino in Amelia, LA;
+ Sam's Town Tunica, located a short drive south of Memphis in northwest Mississippi;
+ And the IP Casino Resort Spa in Biloxi, MS.
In 2005, Boyd reported revenues of $1.78 billion and net loss of $223 million.
Boyd Gaming halted development of Echelon Place in 2008, a 63-acre casino resort on the Las Vegas Strip on the former Stardust Casino location. The casino was partially built and was halted due to the weak economy and lack of funding. In March 2013, Boyd sold the Echelon site on the Las Vegas Strip to the Genting Group for $350 million in cash.
For 2012, Boyd reported revenues of $2.49 billion, a 6.5% increase, and net loss of $923 million.
History
With just $80 in his pocket, Sam Boyd arrived
in Las Vegas on Labor Day, 1941. Sam worked up through the ranks
from dealer to pit boss to shift supervisor. It wasn't long before
Sam had raised enough money to buy an interest in the world-renowned
Sahara Hotel. He then moved on to become general manager and
partner at The Mint in downtown Las Vegas, where he introduced
a number of successful marketing, gaming and entertainment innovations.
Although never pressured to join his father
in the gaming business, Bill Boyd soon joined Sam in purchasing
the Eldorado Club in Henderson. In 1973, after more than 15 years
as a practicing attorney, Bill decided to join his father on
a full-time basis in the hotel/gaming business.
The Boyds' string of successes quickly
followed. The California Hotel and Casino in downtown Las Vegas
was opened in 1975. But Sam and Bill Boyd wanted a second property
to bear their family name. That resulted in the creation of a
hotel and casino that would not only revolutionize the industry,
but would also create a third major gaming area in Las Vegas
- what is known today as the Boulder Strip.
Sam's Town, originally built on 13 acres
of desert at the then-quiet intersection of Boulder Highway and
Nellis Boulevard, was the first such resort to cater to local
residents, and the gamble paid off handsomely.
In 2003, Boyd Gaming teamed up with MGM
Mirage to open the luxurious Borgata casino in Atlantic City,
the first new casino in NJ in 18 years.
In 2004, Boyd acquired Coast Casinos, operator
of several local casinos in Las Vegas.
Boyd opened a new $600 million casino resort
in 2006 called South Coast, located south of the Las Vegas Strip.
However, the casino's performance did not live up to expectations
and was sold to Michael Gaughan, a Boyd shareholder who operated
Coast Casinos before they were acquired by Boyd in 2004. The
property changed its name to South Point.
Benefits
Each of our health plan options include:
Pharmacy Coverage
* Low costs for generic prescription drugs
* Mail order program available for monthly prescriptions
Dental Coverage
* No charge for preventative care
* Limited deductibles and co-pays
Vision Coverage
* Use any licensed vision care professional
* Low costs for glasses, frames, and contact lenses
Company-Paid Life Insurance
All employees covered by one of the Company health care plans are also covered by our Company-paid life insurance policy. Any dependents who are covered by one of our health care plans also receive Company-paid life insurance.
Company-Paid Short Term Disability
Because when you are trying to recover from an illness, medical condition, or injury, you do not need anything else to worry about. To help provide our employees greater peace of mind the majority of the Company health care plans also offer Company-paid short term disability coverage.
Voluntary Benefits
We also offer optional benefits that employees can choose to enroll in for extra insurance coverage. These options include:
Voluntary Life Insurance
In addition to the Company-paid life insurance that comes with our health plans you can also elect to receive additional coverage for you and your dependents.
Voluntary Short Term & Long Term Disability
We also offer our employees the opportunity to purchase additional disability insurance to supplement the coverage that is provided by the Company.
Flexible Spending Accounts (FSA’s)
Employees eligible for enrollment in one of our health care plans can also choose to contribute pre-tax dollars to a flexible spending account that can then be used to pay for eligible out-of-pocket health expenses – and also to a flexible spending account for eligible dependent daycare expenses.
401(k) Savings and Retirement Plan
We also offer our employees the opportunity to enroll in a 401(k) savings and retirement plan (as of the first of the month following three months of employment) - with the Company matching a percentage of your contributions.
Updated June 13, 2013