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Las Vegas gaming corporation reaches casino deal to develop project in Broward … if state approves expanded gaming

By on July 26, 2012

Las Vegas-based Boyd Gaming Corp., which runs casinos across the country, has reached a deal that would allow it to develop a project in Broward County if Florida approves expanded gambling, reports the News Service of Florida.

Boyd entered into the agreement with Sunrise Sports Entertainment LLP, which operates the BankAtlantic Center, according to a Boyd news release Tuesday about its quarterly earnings. The NHL’s Florida Panthers play their home games at BankAtlantic Center, which also hosts other entertainment events and is near the large Sawgrass Mills shopping mall. “The agreement with Sunrise Sports Entertainment positions us to take advantage of a potential development opportunity in an attractive location,” Boyd President and Chief Executive Officer Keith Smith said in the news release. “The project would be in an ideal location in Broward County, adjacent to two attractions that already draw substantial visitor volumes, with easy access to several major traffic corridors.” It remains unclear, however, whether Florida lawmakers — or possibly even voters — will approve a gambling expansion. Lawmakers scuttled a proposal earlier this year to allow resort casinos in the state.

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