In a groundbreaking move that sent shockwaves through the gambling industry, Boyd Gaming Corporation announced on Tuesday that they have acquired the digital gambling operation of Resorts Digital. The acquisition solidifies Boyd Gaming’s position as a major player in the online gambling market and marks a significant expansion of their digital offerings.
The deal, believed to be worth in the millions of dollars, includes the acquisition of Resorts Digital’s online casino and sports betting platforms, as well as their customer database and technological assets. Boyd Gaming CEO Keith Smith expressed his excitement about the acquisition, stating that it will allow the company to reach a broader audience of online gamblers and provide them with a top-notch gaming experience.
“We are thrilled to announce this acquisition, which will further strengthen Boyd Gaming’s position in the expanding online gambling market,” Smith said in a press release. “With the addition of Resorts Digital’s online gambling operation, we will be able to offer our customers a wider range of gaming options and enhance their overall experience.”
Resorts Digital, a subsidiary of the well-known Resorts Casino Hotel in Atlantic City, has been a major player in the online gambling market for several years. The company’s online casino and sports betting platforms are known for their high-quality games, user-friendly interface, and lucrative promotions. With the acquisition by Boyd Gaming, customers can expect even more exciting games, promotions, and rewards in the future.
The acquisition comes at a time when the online gambling market is experiencing tremendous growth, fueled by the increasing popularity of mobile gaming and the legalization of online gambling in several states across the country. According to a recent report by the American Gaming Association, online gambling revenue in the United States is expected to exceed $6 billion by 2021.
Industry experts believe the deal between Boyd Gaming and Resorts Digital will have a significant impact on the online gambling market, prompting other major gaming companies to expand their digital offerings. “This acquisition is a game-changer for Boyd Gaming and the online gambling industry as a whole,” said gaming analyst John Doe. “It will give Boyd Gaming a competitive edge and set the stage for further consolidation in the market.”
The acquisition of Resorts Digital’s online gambling operation is just the latest in a series of strategic moves by Boyd Gaming to strengthen its position in the gambling industry. In recent years, the company has acquired several casinos and gaming properties across the country, expanding its footprint and diversifying its revenue streams. With the addition of Resorts Digital’s online gambling operation, Boyd Gaming is poised to become a dominant force in the online gambling market for years to come.
As the news of the acquisition spread, investors and industry analysts alike reacted positively, with Boyd Gaming’s stock price rising by more than 10% in after-hours trading. The company’s future looks bright, as they continue to capitalize on the growing popularity of online gambling and expand their reach to new and exciting markets.
In conclusion, Boyd Gaming’s acquisition of Resorts Digital’s online gambling operation is a game-changer for the industry and a major step forward in the company’s growth strategy. Customers can expect to see more exciting games, promotions, and rewards in the near future, as Boyd Gaming solidifies its position as a leader in the online gambling market.