PA Gaming Control Board approves Valley Forge Casino Resort purchase
Under the agreement approved by the Pennsylvania Gaming Control Board, the license held since March 2011 by Valley Forge Convention Center Partners, L.P. will be transferred to Boyd Gaming Corporation., a publicly traded company based in Las Vegas, NV. While body Gaming operates more than 20 casinos in the United States, it is their first Pennsylvania casino property.
The Board also included in its approval that Boyd Gaming must pay to the Commonwealth a change of control fee of $1.35 million.
A PowerPoint presentation provided by representatives of Boyd Gaming is available on the Board's website as part of the April 4, 2018 information under the Meetings tab on the PGCB's website.
The next meeting of the Pennsylvania Gaming Control Board is scheduled for Wednesday, May 2, 2018 in the PGCB's Public Hearing Room located on the second floor of Strawberry Square in Harrisburg immediately following the Category 4 Casino License auction.
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