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Boyd Gaming Announces Extensions Of Temporary Property Closures In Five States

Published: 2020-03-24 20:05:00 ET

LAS VEGAS, March 24, 2020 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) today provided an update on its previously announced property closures in the states of Illinois, Indiana, Louisiana, Ohio and Pennsylvania. As previously announced, all Boyd Gaming properties nationwide are temporarily closed to the public as mandated by state officials in connection with efforts to prevent the spread of COVID-19.

Illinois: The Illinois Gaming Board has extended its previous closure order to April 8. This closure order impacts all gaming operations in the state of Illinois, including Par-A-Dice, which closed on March 15.

Indiana: Indiana Governor Eric Holcomb has issued an order requiring the closure of all non-essential businesses in the state through April 6. This order will impact both Belterra Resort and Blue Chip, which closed on March 16 in compliance with orders from the Indiana Gaming Commission.

Louisiana: The Louisiana Gaming Control Board has extended its previous closure order through April 12. This order impacts Amelia Belle, Delta Downs, Evangeline Downs, Sam's Town Shreveport and Treasure Chest, all of which closed on March 17 in compliance with a statewide closure order from the Board.

Ohio: Ohio Governor Mike DeWine has ordered the closure of all non-essential businesses in the state through April 6. This order impacts Belterra Park, which closed on March 13 following orders by the Ohio Department of Health prohibiting mass gatherings in the state.

Pennsylvania: The Pennsylvania Gaming Control Board has closed all casinos in the state until further notice. Valley Forge has been closed since March 13 in compliance with Pennsylvania Governor Tom Wolf's directive ordering the closure of all entertainment venues in Montgomery County, Pennsylvania.

Due to the fluid nature of state and local closures related to COVID-19, the Company will provide future updates on property closures on the home page of its website, www.boydgaming.com.

Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include, without limitation, statements regarding our expectations, hopes or intentions regarding the future. These forward looking statements can often be identified by their use of words such as "will", "might", "predict", "continue", "forecast", "expect", "believe", "anticipate", "outlook", "could", "would", "target", "project", "intend", "plan", "seek", "estimate", "pursue", "should", "may" and "assume", or the negative thereof, as well as variations of such words and similar expressions referring to the future, and may include (without limitation) statements regarding COVID-19 and the length of time the Company's properties will be required to remain closed. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. Factors that could cause actual results to differ include (without limitation) the ongoing uncertainty about COVID-19, its duration and impact, the closure and length of closure of our properties, negative perceptions of visiting properties that have large groups of people, and the cost to comply with any mandated health requirements associated with the virus. Additional factors are discussed under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2019, and in the Company's other current and periodic reports filed from time to time with the Securities and Exchange Commission. All forward-looking statements in this document are made based on information available to the Company as of the date hereof, and the Company assumes no obligation to update any forward-looking statement.

About Boyd GamingFounded in 1975, Boyd Gaming Corporation(NYSE: BYD) is a leading geographically diversified operator of 29 gaming entertainment properties in 10 states. The Company currently operates 1.77 million square feet of casino space, more than 38,000 gaming machines, over 800 table games, more than 11,000 hotel rooms, and 320 food and beverage outlets. With one of the most experienced leadership teams in the casino industry, Boyd Gaming prides itself on offering its guests an outstanding entertainment experience, delivered with unwavering attention to customer service. For additional Company information and press releases, visit www.boydgaming.com.

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SOURCE Boyd Gaming Corporation

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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.