Illinois has become one of the nation’s largest distributed gaming states, with 28,403 video gaming devices operating at the end of January,14.2 percent more than a year ago. That transaction is expected to close later this year. Also, Boyd is acquiring the Belterra Casino Resort in Florence, Ind., as part of its $575 million deal to purchase four Pinnacle Entertainment properties in the Midwest. In Illinois, Boyd operates the Par-A-Dice Hotel Casino in the central Illinois community of East Peoria and the Blue Chip Casino in neighboring Indiana. The slot route operators pay a space lease for the games or have a revenue share agreement with the location’s owner.īoyd expects the transaction to close by the end of June and will finance the transaction through cash flow from operations and availability under its existing credit facility.
Slot machine route operators manage games for third party locations, such as bars, taverns, convenience stores, and other businesses.
