10/28/2009

Boyd Gaming will not resume construction on the Echelon project in Las Vegas for at least three years, officials said. Work stopped on the project a bit more than a year ago. Meanwhile, Boyd is attempting to purchase a portion of bankrupt Station Casinos for $950 million. CEO Keith Smith on Tuesday reiterated that its bid for Station was "a serious offer." He said, "We can deliver more value to the creditors with a fair offer and these assets. We believe strongly in the long-term viability of the Las Vegas market."

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