$280 Million Sale Of Valley Forge Casino Now Complete

VALLEY FORGE, PA — Boyd Gaming has officially taken over as the new owner of Valley Forge Casino, as the $280 million purchase was announced as completed this week.

The Las Vegas-based casino operator Boyd is among the largest businesses of its kind nationwide. Now with the purchase of Valley Forge, Boyd owns 25 properties across eight states.

Valley Forge marks its first foray into Pennsylvania.

"Valley Forge represents a key expansion of our nationwide portfolio, giving us the opportunity to serve the vibrant Northeast region," Keith Smith, President and Chief Executive Officer of Boyd Gaming, said in a statement. "This is a moment of significant opportunity for Pennsylvania's gaming industry, and we look forward to exploring future growth initiatives at this property. We will move forward quickly with the addition of 250 slot machines to the property's casino floor, and closely examine the opportunity to offer both online gaming and sports wagering through our partnership with FanDuel Group. We see attractive growth potential at Valley Forge, and are pleased to welcome the entire Valley Forge team to Boyd Gaming."

According to a statement regarding the purchase released by Boyd, Valley Forge has eliminated its customer admission fee and plans to add up to 250 new slot machines in 2018.

AP Photo/Matt Rourke