LAS VEGAS, May 22, 2013 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) today announced that it has completed the sale of the assets of Dania Jai-Alai in Dania Beach, Fla., to Dania Entertainment Center, LLC.
The total selling price was $65.5 million. As a previously paid $7 million deposit was credited towards the total selling price, Boyd Gaming received cash proceeds of $58.5 million at closing. The Company intends to use proceeds for general corporate purposes, including repayment of debt.
About Boyd Gaming Headquartered in Las Vegas, Boyd Gaming Corporation (NYSE: BYD) is a leading diversified owner and operator of 22 gaming entertainment properties located in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi and New Jersey. Boyd Gaming press releases are available at www.prnewswire.com . Additional news and information on Boyd Gaming can be found at www.boydgaming.com.SOURCE Boyd Gaming Corporation