Coast Casinos Inc. is a wholly owned subsidiary of Boyd Gaming Corporation based in Paradise, Nevada. Coast Casinos is the number 2 locals casino brand in the Las Vegas market behind Station Casinos.

Coast Casinos
Company typePublic
NYSEBYD
IndustryGambling, Hotels, Entertainment
FoundedMarch 2, 1979 (March 2, 1979)
FounderMichael Gaughan
DefunctJuly 1, 2004; 20 years ago (July 1, 2004)
FateMerged with Boyd Gaming
Headquarters,
ProductsCasinos, Hotels
OwnerMichael Gaughan
ParentBoyd Gaming
WebsiteCoast Casinos official website

History

edit

Principally owned and founded by Michael Gaughan.

Barbary Coast Hotel and Casino opens on March 2, 1979.

Gold Coast Hotel and Casino opens on December 21, 1986.

The Orleans opens on December 28, 1996. Orleans Arena opens on May 25, 2003.

Suncoast Hotel and Casino opens on September 12, 2000.

On February 10, 2004 announced plans to merge with Boyd Gaming for $820 million. The buyout was complete on July 1 at a cost of $1.2 billion.[1]

South Coast Casino opened on December 22, 2005.

The South Coast changed ownership on October 26, 2006 with Michael Gaughan taking over as sole owner. The South Coast Equestrian Arena was included in the sale. South Coast was renamed South Point Hotel, Casino & Spa.

Business units

edit

References

edit
  1. ^ Christina Binkley; Robin Sidel (2004-02-09). "Boyd Gaming Agrees to Acquire Coast Casinos". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-09-27.
edit