Boyd Gaming Corporation, a leading gaming and entertainment company, has made a strategic move by acquiring Resorts Digital’s online gambling operation. The deal, which was announced on Monday, has positioned Boyd Gaming as a major player in the fast-growing online gambling market.
The acquisition of Resorts Digital’s online gambling operation is seen as a significant step for Boyd Gaming to expand its presence in the digital gaming industry. Resorts Digital is a well-established online gambling operator with a strong presence in the New Jersey market, which has been a key market for online gambling in the United States.
Boyd Gaming’s decision to acquire Resorts Digital’s online gambling operation comes at a time when online gambling is experiencing rapid growth in the United States. The legalization of online gambling in several states has opened up new opportunities for gaming companies to enter the market and expand their offerings to online players.
By acquiring Resorts Digital’s online gambling operation, Boyd Gaming will be able to leverage its expertise in operating land-based casinos and combine it with Resorts Digital’s strong online presence to create a comprehensive and innovative online gambling platform. This move is expected to enhance Boyd Gaming’s competitive position in the online gambling market and drive revenue growth for the company.
In a statement announcing the acquisition, Keith Smith, President and CEO of Boyd Gaming, expressed his enthusiasm for the deal, stating that it represents a significant strategic opportunity for the company. He highlighted the potential for growth in the online gambling market and the synergies that can be achieved by combining Boyd Gaming’s resources and expertise with Resorts Digital’s online gaming platform.
The acquisition of Resorts Digital’s online gambling operation is expected to be completed in the coming months, pending regulatory approval. Once the deal is finalized, Boyd Gaming will be able to offer a wide range of online gambling options to players in New Jersey and potentially other states where online gambling is legal.
Overall, Boyd Gaming’s acquisition of Resorts Digital’s online gambling operation is a smart strategic move that positions the company for growth in the rapidly expanding online gambling market. With a strong online presence and a commitment to innovation and excellence, Boyd Gaming is poised to make a significant impact in the online gambling industry in the years to come.