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Boyd Gaming reveals $160M revamp for Par-A-Dice Casino [Yahoo! Finance]

Boyd Gaming Corporation (BYD) 
Last boyd gaming corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NYSE Investor Relations: boydgaming.investorroom.com
Company Research Source: Yahoo! Finance
In mid-December, after months of speculation, Boyd Gaming unveiled a $160 million redevelopment plan that would transform the look of the Par-A-Dice. The iconic boat, it appears, will be replaced with a large facility attached to the existing hotel and will sit atop a manmade pond that will be filled with river water, an effort to satisfy a 34-year-old legal document requiring any casino that sat on land be on the Peoria side of the river. “Current law requires that the Peoria Area Casino must operate in Peoria if it is a land-based facility, and in East Peoria, its present location, if it is a riverboat casino,” said Marcus Fruchter, administrator of the Illinois Gaming Board. Peoria and East Peoria reached this agreement in 1991, when Peoria temporarily had the casino. The boat was docked in its current place in 1993. The proposal was presented to the board at their Dec. 11 meeting. No action was taken — and none was expected. The first time the Illinois Gaming Board can ta Show less Read more
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