For an undisclosed price, Boyd Gaming has agreed to sell the assets of Sam’s Town Shreveport to Bally’s Corp. The transaction was announced on the morning of February 26.
By purchasing Sam’s Town, Bally’s gains 750 slot machines, 14 table games, a 514-room hotel, and a convention center. A third-quarter closing is expected for the deal.
Bally’s already owns an eponymous casino-hotel in Shreveport, Louisiana. Company Chairman Soo Kim explained the decision to double-down on the market. “As an existing operator in Shreveport, we know this market well and understand what makes it special — from its loyal customer base to its important role in the region’s broader gaming and entertainment landscape.”
Kim said the purchase was reflective of “our confidence in the community and our long-term commitment to growing our presence here. We see meaningful opportunities to reinvest in the market and further strengthen Shreveport’s position as a premier destination for gaming and entertainment.”
For his part, Boyd CEO Keith Smith explained the decision to exit Shreveport as being “consistent with our continued focus on refining our operating model and our nationwide property portfolio.” He added, “We appreciate all of the contributions of its team members, past and present, in providing great service to our guests throughout the last two decades.” Sam’s Town had been in the Boyd portfolio since 2004.
At press time, there was no indication whether the Sam’s Town brand would remain with the casino. Kim said that his company’s plans for Sam’s Town and for the Shreveport/Bossier City market would be revealed “in the near future.”
Bally’s will release its full-year and fourth-quarter results for 2025 on March 4.
