santa ana casino facebookLed by CEO Keith Smith, Boyd Gaming is flushing its coffers with cash, as the company seeks new growth opportunities. And the company appears to be going all out as it jumps into the sports betting business.Funding DriveLaunching such a major new inifoxwoods casino hotel in cttiative isn’t cheap, and according to one report, the DFS operator is attempting to load up on capital to make sure this latest venture is done right.Earlier this week, business news site Axios detailed a recent meeting between DraftKings and its investors. Boyd Gaming is raising 0 million in issued debt notes in order to expand its operations and potentially acquire new casinos. oxford england casinoThat could change eventually, however, once more states have their own sports betting regulations in place.DraftKings could use the new funding for a variety of upgrades, but hasn’t yet made that direction public. But more of the state’s racetracks and casinos are expected to follow suit over the summer.That includes DraftKings, assuming that the license application is quickly approved by state regulators. That opened the door for individual states to decide to legalize — and to create their own regulations — for sports wagering inside their own borders.New Jersey, which had filed the original challenge to the sports betting block with SCOTUS, quickly finalized new laws which would allow its residents to legally bet on sports, and Governor Phil Murphy signed the bill . hollywood casino careers

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sycuan casino imagesThe premium came as a result of the comfoxwoods casino hotel in ctpany achieving a favorable six percent interest rate.“The company intends to use the net proceeds from the notes offering in the future for working capital and general corporate purposes, which may include … expansion efforts, including acquisitions of assets or businesses, and general capital expenditures,” Boyd Gaming said in a statement.The debt notes will be paid semiannually, and will mature in August 2026.Investors reacted positively to the debt issuance news. The company is reportedly trying to raise between 0 million and 0 million to beef up its sports betting operations.DraftKings’ goal is to be fully licensed and operational in time for the kickoff of the NFL season in September.Investors have been told that the daily fantasy sports (DFS) side of the operation will continue to generate the bulk of revenue in coming years. “That’s big-time for me.”For now, betting will be limited to New Jersey’s Monmouth Park racetrack. island view casino thanksgiving buffetBut more of the state’s racetracks and casinos are expected to follow suit over the summer.That includes DraftKings, assuming that the license application is quickly approved by state regulators. And the company appears to be going all out as it jumps into the sports betting business.Funding DriveLaunching such a major new inifoxwoods casino hotel in cttiative isn’t cheap, and according to one report, the DFS operator is attempting to load up on capital to make sure this latest venture is done right.Earlier this week, business news site Axios detailed a recent meeting between DraftKings and its investors. But more of the state’s racetracks and casinos are expected to follow suit over the summer.That includes DraftKings, assuming that the license application is quickly approved by state regulators. casino riverwind

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borgata casino locationsAnd earlier this month, Boyd completed its acquisition of Illinois bar and tavern gaming operator Lattner Entertainment for 0 million.These acquisitions wilfoxwoods casino hotel in ctl clearly position us for future growth as we strategically expand and diversify our nationwide portfolio,” Boyd CEO Keith Smith said during a Q1 conference call. “In addition, there will be new opportunities in non-traditional areas like online gaming and expanded sports betting.”When all the deals are completed, Boyd Gaming will operate in Nevada, Louisiana, Missouri, Indiana, Illinois, Kansas, Iowa, Mississippi, and Pennsylvania.Sports Betting ImpactThe Supreme Court last month ruled That could change eventually, however, once more states have their own sports betting regulations in place.DraftKings could use the new funding for a variety of upgrades, but hasn’t yet made that direction public. Additions to the company’s existing DFS mobile apps to expand its sports betting options seems like one obvious possibility, at least.n the sports betting scene in New Jersey just went from “possible” to “pending.”Ready to RollLast month, the US Supreme Court (SCOTUS) struck down a federal law that banned wagering on sports in all but four US states. Additions to the company’s existing DFS mobile apps to expand its sports betting options seems like one obvious possibility, at least.sunset station casino las vegas restaurants