Boyd Gaming purchases Resorts Digital for undisclosed amount
Mark Giannantonio, President of Resorts Atlantic City, said on September 23 that the transaction had been finalized on September 1.
Boyd Interactive has purchased Resorts Digital, the online arm of Resorts Atlantic City, for an undisclosed amount following an announcement from the property’s President, Mark Giannantonio.
Giannantonio stated on September 23 that the transaction was finalized on September 1, but that neither company would be revealing the purchase price.
“We are confident that this transaction will propel Resorts Digital’s proven success over the past decade to a new level through the scale of Boyd Interactive and its market-leading platform,” Giannantonio said in his announcement.
Boyd added in a statement that the purchase “is consistent with Boyd Gaming’s strategy of building a profitable regional iGaming business integrated with our existing nationwide portfolio.”
“New Jersey has long been one of the nation’s leading iGaming states, and we look forward to further growing our presence in that state’s online gaming market in partnership with Resorts Casino in Atlantic City,” the company said.
Resorts Digital will continue to operate under the sports betting and internet gambling licenses held by Resorts Casino.
Resorts Casino will keep its relationship with other online gambling partners including DraftKings, Penn Gaming, PokerStars and ESPN Bet.
Boyd Interactive, part of Las Vegas-based Boyd Gaming, received ResortsCasino.com and MoheganSunCasino.com in the deal, along with one unused sports betting skin, or online identity.
The two companies will cross-promote each other, with Resorts promoting the ResortsCasino.com brand on the physical premises of its casino. Meanwhile, ResortsCasino.com will promote Resorts Casino Hotel in Atlantic City to its online customers.
In the first eight months of 2024, Resorts Digital has won over $573m from gamblers, compared to $109m for the physical Resorts casino, according to the New Jersey Division of Gaming Enforcement.
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