Tuesday, Sept. 18, 2018 | 3:27 p.m.
Boyd Gaming Corp., owner of two dozen casinos nationwide, on Monday completed its $280.5 million acquisition of Valley Forge Casino Resort and said it plans to "move forward quickly" to add 250 slot machines to the property northwest of Philadelphia.
The company, which is based in Las Vegas, will "closely examine" offering both online gaming and sports wagering through its partnership with FanDuel Group, Keith Smith, Boyd's chief executive, said in a statement. Valley Forge has already applied for a Pennsylvania license to offer online gaming.
Boyd in December announced the acquisition, its first in Pennsylvania, and the sale was approved in April by the Pennsylvania Gaming Control Board. The company now owns 25 casinos in eight states — Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi and Pennsylvania.
The Valley Forge resort, located two miles north of the King of Prussia Mall, encompasses a 40,000-square foot casino with 600 slot machines, 50 table games, and nearly 500 hotel rooms.
The property also has eight restaurants and bars, and more than 100,000 square feet of meeting, convention and exhibit space.