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Boyd Gaming Closes Acquisition of Dania Jai Alai

LAS VEGAS, March 1 /PRNewswire-FirstCall/ -- Boyd Gaming Corporation (NYSE: BYD) today reported that its previously announced acquisition of Dania Jai Alai and approximately 47 acres of related land located in Dania Beach, Florida has closed. Dania Jai Alai is one of four pari-mutuel facilities approved under Florida law to operate 1,500 Class III slot machines. The Company plans to begin construction at the property later this year with a grand opening of casino operations around the end of 2008.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include (without limitation) statements regarding the Company's plans for construction of its casino operation and the timing of the opening of the operation. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in each such statement. In particular, the Company can provide no assurances that the planned casino operation will be completed within the Company's current timing and cost estimates, or at all. Among the factors that could cause actual results to differ materially include the Company's ability to successfully integrate the operations of Dania Jai Alai, actual or potential litigation, legislative challenges, competition, increased costs, changes in laws and regulations, weather, economic, credit and capital market conditions and various circumstances that could cause the development of casino operations to be delayed or terminated. Additional factors that could cause actual results to differ are discussed under the heading "Risk Factors" and in other sections of Boyd Gaming's Form 10-K for the year ended December 31, 2006, which is on file with the SEC, and in Boyd Gaming's other current and periodic reports filed from time to time with the SEC. All forward-looking statements in this press release are made as of the date hereof, based on information available to Boyd Gaming as of the date hereof, and Boyd Gaming assumes no obligation to update any forward-looking statement.

About Boyd Gaming

Headquartered in Las Vegas, Boyd Gaming Corporation (NYSE: BYD) is a leading diversified owner and operator of 17 gaming entertainment properties located in Nevada, New Jersey, Mississippi, Illinois, Indiana, Louisiana and Florida. The Company is also developing Echelon Place, a world class destination on the Las Vegas Strip, expected to open in the third quarter 2010. Boyd Gaming press releases are available at www.prnewswire.com. Additional news and information on Boyd Gaming can be found at www.boydgaming.com .

SOURCE Boyd Gaming Corporation

CONTACT: Financial, Paul Chakmak, +1-702-792-7212,
paulchakmak@boydgaming.com, or Media, Rob Stillwell, +1-702-792-7353,
robstillwell@boydgaming.com, both of Boyd Gaming Corporation

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