Boyd Gaming Corporation, a leading owner and operator of gaming entertainment properties in the United States, has announced the acquisition of Resorts Digital, an online gambling operation based in New Jersey. The deal, which was finalized for an undisclosed amount, marks Boyd Gaming’s entry into the rapidly growing online gambling market.
Resorts Digital, which operates under the brand name ResortsCasino.com, has established itself as a key player in the New Jersey online gambling industry since its launch in 2015. With a wide range of casino games, including slots, table games, and live dealer games, ResortsCasino.com has built a strong customer base and a solid reputation for providing a high-quality gaming experience.
According to Boyd Gaming officials, the acquisition of Resorts Digital aligns with the company’s strategic growth plans and will allow them to tap into the lucrative online gambling market in New Jersey. By leveraging Resorts Digital’s existing infrastructure and expertise in online gaming, Boyd Gaming aims to expand its digital footprint and reach a wider audience of online gamers.
“Resorts Digital has established itself as a premier online gambling operator in New Jersey, and we are thrilled to add their expertise to our portfolio,” said Keith Smith, President and CEO of Boyd Gaming. “This acquisition will enable us to diversify our revenue streams and capitalize on the growing demand for online gaming services.”
As part of the acquisition, Boyd Gaming plans to leverage its extensive network of land-based casinos in various states to cross-promote its online gambling offerings. By offering a seamless integration between its physical properties and ResortsCasino.com, Boyd Gaming hopes to attract more customers and drive revenue growth in both online and offline sectors.
Industry analysts have hailed Boyd Gaming’s acquisition of Resorts Digital as a savvy move that positions the company for success in the increasingly competitive online gambling market. With the legalization of online gambling in several states across the US, including New Jersey, Pennsylvania, and Nevada, the demand for online gaming services is expected to continue growing in the coming years.
The acquisition of Resorts Digital is subject to regulatory approval and is expected to be completed by the end of the year. Boyd Gaming has assured existing customers of ResortsCasino.com that there will be no disruption to their gaming experience during the transition period.
Overall, Boyd Gaming’s foray into the online gambling market through the acquisition of Resorts Digital signals the company’s commitment to innovation and growth in the evolving gaming industry. As online gambling continues to gain traction among consumers, Boyd Gaming’s strategic move is sure to position the company as a key player in the digital gaming space.