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LAS VEGAS (AP) — Boyd Gaming Corp. says it has reached an agreement to buy Cannery Casino Resorts LLC's two Las Vegas properties for $230 million.
The deal will give Boyd control of the Cannery casino in North Las Vegas and the Eastside Cannery. Boyd CEO Keith Smith says in a company statement the purchases will give Boyd a strong foothold in North Las Vegas, which he says is one of the fastest-growing areas in the region.
Boyd also announced last week it will acquire the Aliante casino in North Las Vegas for $380 million.
Smith says it makes sense for Boyd to broaden its southern Nevada portfolio because the company's strongest revenue growth over the past two years has been in the state.
The company has properties in seven other states.
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