Smith said 90 percent of the online total came from the company’s share in its 5 percent ownership stake in FanDuel, which battles DraftKings as one of the nation’s top two sports betting operators. But the largest segment increase, 72.5 percent, came from the more than $90.3 million produced via online operations. In the third quarter, Boyd’s overall revenue grew 3 percent from a year ago to $903.2 million. Smith said it’s too early to say how many of Sky River customers have ventured to Boyd’s 10 properties in Southern Nevada. (Jeff Scheid/The Nevada Independent)īoyd, which operates 28 non-tribal casinos in 10 states, does not have a casino in Northern Nevada. 3, 2023, announcing a partnership with the gaming company and the Las Vegas Raiders. Boyd Gaming CEO Keith Smith during a news conference on Friday, Feb. “While these plans are still preliminary, the Tribe and our company are optimistic about the potential of an expansion project given Sky River's performance to date,” Smith said. He added that a proposed hotel hasn’t been designed yet and Boyd would manage the location under its agreement with the tribe, which has six years remaining under the contract. “We have the ability to expand the casino because of the demand from customers, plus there is a need for additional meeting space in the Sacramento area,” Smith said. The bulk of the 17 food and beverage venues are part of a large dining hall. The property has 100,000 square feet of gaming space that includes 2,000 slot machines and 80 table games.

Sky River sits on a 36-acre site along Highway 99 near the city of Elk Grove. Hard Rock Hotel and Casino Sacramento at Fire Mountain is operated by Hard Rock Entertainment for the Estom Yumeka Maidu Indians of the Enterprise Rancheria. The Northern California casino is one of three that opened in the Sacramento area in the last three years and is viewed as direct competition to casinos in the Reno-Sparks area and South Lake Tahoe.Īnalysts said last month the new properties may have contributed to reduced earnings by the Atlantis in Reno.Ĭaesars Entertainment operates Harrah's Northern California in the town of Ione, which is owned by the Buena Vista Rancheria of Me-Wuk Indians. 30, more than 60 percent of the company’s overall management fees, which includes revenue from its ownership in an Illinois-based slot machine route business, managing the games at bars, taverns, restaurants and other locations around the state.

“The tribe will be able to obtain a more normal way of financing the expansion,” Smith said.īoyd received $17 million in management fees from Sky River in the quarter that ended Sept.

Pala casino resort hotel