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Boyd Gaming Boost Quarterly Dividend To $0.06 Per Share

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Boyd Gaming Corporation announced that its Board of Directors has increased the Company’s quarterly cash dividend to $0.06 per share, up from the prior quarterly dividend of $0.05 per share. The dividend is payable on July 15, 2018, to shareholders of record at the close of business on June 29, 2018.

Keith Smith, President and Chief Executive Officer of Boyd Gaming, said, “Thanks to our strong and growing free cash flow, we are able to strengthen our ongoing capital return program through a 20% increase in our cash dividend. We remain committed to a well-balanced approach to creating shareholder value through investing in accretive growth opportunities, continued deleveraging, and returning capital to shareholders through a combination of share repurchases and dividend payments.”

Forward-looking Statements and Company Information
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. Such statements contain words such as “may,” “will,” “might,” “expect,” “believe,” “anticipate,” “could,” “would,” “estimate,” “continue,” “pursue,” or the negative thereof or comparable terminology, and may include (without limitation) information regarding the Company’s expectations, goals or intentions regarding future performance. In addition, forward-looking statements in this press release include statements regarding: the Company’s strong and growing free cash flow, the Company’s ability to strengthen its ongoing capital return program, and its commitment to a well-balanced approach to creating shareholder value through growth opportunities, deleveraging, share repurchases and dividends. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. These risks and uncertainties include, but are not limited to: fluctuations in the Company’s operating results; recovery of its properties in various markets; the political climate and its effects on consumer spending and its impact on the travel industry; the state of the economy and its effect on consumer spending and the Company’s results of operations, including its effect on the Company’s business and the local economies where the Company’s properties are located; the receipt of legislative, and other state, federal and local approvals for the Company’s development projects; whether online gaming will become legalized in various states, the Company’s ability to operate online gaming profitably, or otherwise; consumer reaction to fluctuations in the stock market and economic factors; the fact that the Company’s expansion, development and renovation projects (including enhancements to improve property performance) are subject to many risks inherent in expansion, development or construction of a new or existing project; the effects of events adversely impacting the economy or the regions from which the Company draws a significant percentage of its customers; competition; litigation; financial community and rating agency perceptions of the Company and its subsidiaries; changes in laws and regulations, including increased taxes; the availability and price of energy, weather, regulation, economic, credit and capital market conditions; and the effects of war, terrorist or similar activity. Additional factors that could cause actual results to differ are discussed under the heading “Risk Factors” and in other sections of the Company’s Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, and in the Company’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 the Company as of the date hereof, and the Company assumes no obligation to update any forward-looking statement.

 

About Boyd Gaming
Founded in 1975, Boyd Gaming Corporation (NYSE: BYD) is a leading geographically diversified operator of 24 gaming entertainment properties in seven states. The Company currently operates nearly 1.4 million square feet of casino space, more than 31,000 gaming machines, 630 table games, 9,400 hotel rooms and more than 280 food and beverage outlets. With one of the most experienced leadership teams in the casino industry, Boyd Gaming prides itself on offering its guests an outstanding entertainment experience, delivered with unwavering attention to customer service.

 

Source: Boyd Gaming Corporation

Source: European Gaming Media and Events

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Aristocrat Licenses Hit TV Show “Billions” for New Slot Game to Premiere at G2E 2018

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Billions™ Slot Game Showing in Booth #1141

The high stakes world of the hit SHOWTIME® TV show Billions will soon be coming to casinos, thanks to a licensing agreement between Aristocrat, CBS Consumer Products, and Showtime Networks.

Aristocrat’s new Billions™ Slot Game will make its premiere in booth #1141 at the upcoming Global Gaming Expo (G2E) in Las Vegas.

“Engaging and edgy shows like Billions are incredibly fun for our design teams to work with and fuel our passion to create entertaining games for our customers and their players,” said Siobhan Lane, Senior Vice President, Marketing and Gaming Operations from Aristocrat. “The CBS Consumer Products and Showtime Networks teams have been inspiring to work with, and we are very excited to present the new Billions Slot Game at G2E 2018.”

Now in production on its fourth season, Billions stars Oscar® nominee and Emmy® and Golden Globe® winner Paul Giamatti as U.S. Attorney Chuck Rhoades and Emmy and Golden Globe winner Damian Lewis as hedge fund king Bobby “Axe” Axelrod. Billions is a complex, highly engaging drama that tells the timely and provocative story of these two powerful New York figures.

The Billions Slot Game is based on Season 1 and 2, which includes fans’ favorite characters such as Chuck RhoadesBobby AxelrodWendy RhoadesLara Axelrod, and Taylor Mason. Adding to the fun, the game will include the popular Mighty Cash™ feature, as well as a $500,000 multi-site progressive start-up jackpot.

The game appears on Aristocrat’s revolutionary flame55™ cabinet. The flame55 is complete with a 55″ double-curved HD monitor – the largest portrait double-curved display in the non-jumbo segment – ergonomic engineering, 4k-capable display, 2.1 stereo audio, individually controlled dynamic infinity edge LED lighting, a virtual button deck, and an exclusive beacon sign package.

About Aristocrat
Aristocrat Technologies Inc. is a subsidiary of Aristocrat Leisure Limited (ASX: ALL), a leading global provider of land-based and online gaming solutions. The Company is licensed by more than 200 regulators and its products and services are available in more than 90 countries around the world. Aristocrat offers a diverse range of products and services including electronic gaming machines and casino management systems. For further information, visit the company’s website at www.aristocrat-us.com.

About CBS Consumer Products
CBS Consumer Products manages worldwide licensing and merchandising for a diverse slate of television brands and series from CBS, CBS Television Studios and CBS Television Distribution, as well as from the company’s extensive library of titles, Showtime and CBS Films. Additionally, the group oversees online sales of programming merchandise. For more information, visit www.cbsconsumerproducts.com.

About SHOWTIME
Showtime Networks Inc. (SNI), a wholly-owned subsidiary of CBS Corporation, owns and operates the premium television networks SHOWTIME®, THE MOVIE CHANNEL™ and FLIX®, and also offers SHOWTIME ON DEMAND®, THE MOVIE CHANNEL™ ON DEMAND and FLIX ON DEMAND®, and the network’s authentication service SHOWTIME ANYTIME®. Showtime Digital Inc., a wholly-owned subsidiary of SNI, operates the stand-alone streaming service SHOWTIME®. SHOWTIME is currently available to subscribers via cable, DBS and telco providers, and as a stand-alone streaming service through Amazon, Apple®, Google, LG Smart TVs, Oculus Go, Roku®, Samsung and Xbox One. Consumers can also subscribe to SHOWTIME via Amazon’s Prime Video Channels, DirecTV Now, FuboTV, Hulu, Sling TV, Sony PlayStation™ Vue, and YouTube TV or on Showtime.com. SNI also manages Smithsonian Networks™, a joint venture between SNI and the Smithsonian Institution, which offers Smithsonian Channel™, and offers Smithsonian Earth™ through SN Digital LLC. SNI markets and distributes sports and entertainment events for exhibition to subscribers on a pay-per-view basis through SHOWTIME PPV. For more information, go to www.SHO.com.

Aristocrat Contact:
Paul Speirs-Hernandez, Steinbeck Communications
paul@steinbeckcommunications.com

Source: Latest News at European Gaming Media

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Industry Leading Race & Sports SuperBook® Set For Expansion Outside Nevada

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Nevada’s premier sports book will set the standard for legalized sports betting in the United States

The largest and most successful sports book in America – the SuperBook® at the Westgate Las Vegas Resort & Casino, is set to expand its gaming platform across the United States. With its best-in-class technology, customer service, and wagering options, the SuperBook® brand will guide the industry forward as more states make sports betting part of their gaming and hospitality offerings.

The expansion comes via a partnership between SuperBook® licensor Westgate Resorts and Paragon Gaming, operator of casino and resort operations for Westgate’s 3000-room luxury casino hotel in Las Vegas that brings white label sportsbook solutions to new markets.

“The SuperBook® brand has been the leader of the sports book industry for more than 30 years,” says Diana Bennett, CEO for Paragon Gaming. “Gaming regulators across the country will now have a trusted partner as they move forward, and casino operators will be able to draw on the experience and expertise that has made SuperBook® the benchmark for sports betting.”

Famous for its 360-degree experience, highlighted by the largest indoor TV in the world – a 220-foot long 4K video wall at Westgate Las Vegas, the SuperBook® brand delivers the largest race and sports wagering menu in Nevada, and continues to lead the evolution of sports betting processes and applications. Its successful rollout of the Westgate SuperBook® App has already seamlessly delivered this wagering menu to the hands of thousands of fans.

“This is the natural next step in the evolution of our industry,” says SuperBook® Executive Vice President of Race & Sports Book Operations Jay Kornegay. “We have maintained the highest levels of technology and service in a highly-regulated industry. We have written the playbook, and now we will put it in action across the national field.”

“We are excited to know that our investment in the SuperBook® has been extremely successful and this venture is now prepared to expand nationwide,” adds David Siegel, Westgate Resorts Founder, President and CEO. “We look forward to the future success of our SuperBook® brand at locations across the nation as it continues to grow and set new standards for the sports betting landscape.”

Future SuperBook® sites, turnkey sportsbook products, and gaming partners will be announced at later dates. Fans can follow SuperBook® for updates on FacebookTwitter, and Instagram.

Source: Latest News at European Gaming Media

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CashBet appoints Ed Brennan as Company President

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iGaming platform provider CashBet has moved to bolster its senior team by installing advisory board member Ed Brennan as company President.

Ed Brennan will lead CashBet in the next period of its development, following one of the world’s largest casino gaming ICOs, with the goal of establishing it as the leading blockchain-powered platform.

He brings a wealth of experience to the position after 25 years in the internet, software, hardware and financial services industries, working with a host of Fortune 500 companies such as Merrill Lynch, Seagate, Adobe, Microsoft and NexTag.

Commenting on his appointment, Brennan said: “I have enjoyed serving as an advisor to CashBet and am confident that my understanding of the business and its position in the iGaming market will help me step up to this new position as we look to grow even further.”

Even with the unforeseen challenges presented by the crypto bear market, CashBet has never been in a better position to achieve its full potential. I am honoured to begin serving as the company’s new President with guidance from the Board.”

Brennan’s appointment follows the Board of Director’s decision to begin search for a new CEO to replace Co-founder Mike Reaves.

Reaves co-founded CashBet in 2012 following a long career in online gambling. The platform he helped create is designed to encapsulate everything an operator needs to run a modern iGaming business.

Over the past five years, it has developed patented technologies and built the world’s first-crypto enabled iGaming platform, as well as becoming the first cryptocurrency partner in English Premier League history when it agreed to sponsor Arsenal Football Club.

 

About CashBet

CashBet is a leading mobile-first iGaming platform provider and turnkey operator. CashBet’s platform empowers real-money, social, and skill-based gaming apps and websites worldwide. By integrating CashBet’s software, game developers can legally launch online gambling games without needing to be licensed. With CashBet’s feature-rich platform, operators gain access to player segmentation, bonusing, campaign management, and other patent-pending features to enable a profitable iGaming operation from day one. CashBet is licensed by the Alderney Gambling Control Commission and the UK Gambling Commission. For more information, please visit www.cashbet.com.

Source: Latest News at European Gaming Media

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