Dec
26
PA Casino Resort Commands $281M
ByBoyd Gaming acquired Valley Forge Casino Resort, a 40,000-square-foot casino in King of Prussia. The resort includes 500 hotel rooms, eight restaurants and bars, and more than 100,000 square feet of meeting, convention and exhibit space.
Boyd Gaming Corporation has entered into a definitive agreement to acquire Valley Forge Casino Resort, a 40,000-square foot casino in King of Prussia, Pa., from Valley Forge Convention Center Partners.
“In our industry, Pennsylvania is a pretty important market. It’s the second-largest state in terms of gambling revenues, David Strow, Boyd Gaming Corp.’s vice president of corporate communications, told Commercial Property Executive. “So, the opportunity to enter that market was obviously very important to us.”
The resort boasts 600 slot machines, 50 table games and nearly 500 hotel rooms. The property also features eight restaurants and bars, and offers more than 100,000 square feet of meeting, convention and exhibit space…
