TITLE

Buy back

AUTHOR(S)
Holtman, Andy
PUB. DATE
October 2006
SOURCE
Casino Journal;Oct2006, Vol. 19 Issue 10, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Boyd Gaming agreed to sell its South Coast Hotel & Casino in Las Vegas, Nevada to Michael Gaughan. Gaughan promoted the planning and construction of the property. Gaughan had a meeting with Bill Boyd, Boyd Chairman, and told Boyd that he wants to return to the entrepreneurial business. According to Gaughan, he expected the property to have an operating profit of $40 million for 2006.
ACCESSION #
22466351

 

Related Articles

  • Michael Gaughan is only too happy to be out of the Boyd boardroom. Shemeligian, Bob // Las Vegas Business Press (10712186);12/18/2006, Vol. 23 Issue 51, p10 

    The article focuses on the activities of South Point hotel and casino owner Michael Gaughan. In October 2006, he traded in more than $510 million worth of Boyd Gaming stocks for the sole ownership of his company. He remains a close friend of Boyd Chairman Bill Boyd and is said to be happy...

  • Boyd, oh Boyd! Sun sets on South Coast. McKee, David // Las Vegas Business Press (10712186);8/7/2006, Vol. 23 Issue 32, p8 

    The article discusses the sale of the South Coast Hotel & Casino by Boyd Gaming to Michael Gaughan. Gaughan put 15.8 million shares of Boyd stock on the market in return for South Coast. Gaughan had been vocal about the sale of Coast Resorts to Boyd Gaming as a means of cashing his former...

  • Boyd Gaming tops off South Coast, its 19th property. Green, Marian // International Gaming & Wagering;Jul2005, Vol. 26 Issue 7, p15 

    Reports on the topping-off ceremony for the development of the South Coast Hotel and Casino by Boyd Gaming in Las Vegas, Nevada on May 17, 2005. Importance of the property to the company according to CEO Bill Boyd; Amenities featured in the hotel; Reason of the company for choosing the city as...

  • On the road of life, an idea for a casino grew. Stutz, Howard // Las Vegas Business Press (10712186);4/13/2009, Vol. 26 Issue 15, pP4 

    The article relates the evolution of Sam's Town casino in Boulder Highway, Las Vegas, Nevada. Attorney Bill Boyd presented the idea of a casino to his board of directors and they pushed ahead with Sam's Town, which celebrated its 30th anniversary on April 11, 2009. Its recent expansion took...

  • BOYD GAMING: A 'can-do' attitude.  // Las Vegas Business Press (10712186);11/3/2008, Vol. 25 Issue 44, p7 

    The article features casino and resort operator Boyd Gaming Corp. Information on how Sam Boyd founded the company is presented. According to company chairman Bill Boyd, Boyd Gaming will be facing rough times in a couple of years. He adds that the core industry of Las Vegas, Nevada will prevail...

  • South Point opens new tower. Knightly, Arnold M. // Las Vegas Business Press (10712186);7/28/2008, Vol. 25 Issue 30, pP15 

    The article announces the opening of a tower by hotel-casino South Point in Las Vegas, Nevada. According to the article, the convention industry was owner Michael Gaughan's real motivation for building the tower. The owner states that approximately 25 percent of his hotel rooms are used by...

  • New South Coast hotel-casino banks on market-tested formula. McKee, David // Las Vegas Business Press (10712186);12/26/2005, Vol. 22 Issue 52, p2 

    The article presents an interview with Michael Gaughan Jr., general manager of South Coast hotel-casino in Las Vegas, Nevada which opened in December 2005. He comments on the restaurants in the property. Gaughan remarks on the potential equestrian center venture of Coast Resorts. He observes the...

  • End of an era. Green, Marian // Casino Journal;Dec2006, Vol. 19 Issue 12, p7 

    The article reports that the Stardust Resort & Casino in Las Vegas, Nevada is now closed and is a candidate for demolition. The casino closing paves a way for the development of Echelon Place of Boyd Gaming. Boyd Gaming appointed Bob Boughner as president and CEO of Echelon Resorts to lead in...

  • Boyd's Borgata is selling 'an experience.'. Schwartz, David G. // Las Vegas Business Press (10712186);7/10/2006, Vol. 23 Issue 28, p4 

    The article presents the author's views on the move of Boyd Gaming's Borgata casino brand to put emphasis on non-gaming attractions, including signature gourmet restaurants and nightclubs. It discusses how the move has brought difference to Atlantic City, New Jersey, including real industry...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics