Early Life
William Boyd's family has a deep history in the Las Vegas casino industry. His father, Sam Boyd, arrived in Las Vegas in 1941 with a modest sum, eventually working his way up in the industry. He partnered with his son, Bill, in 1962, acquiring the Eldorado Casino. Sam later managed the Eldorado after selling The Mint in 1968.
Rise to Success
The official founding of Boyd Gaming Corporation was on January 1, 1975, with the aim to develop and operate the California Hotel and Casino in downtown Las Vegas. The company went public in July 1993, which allowed for substantial expansion. Boyd Gaming expanded outside of Nevada in 1994 with Sam's Town Tunica in Mississippi. The company acquired multiple properties throughout the years, solidifying its presence in the Las Vegas locals market with the acquisition of Coast Casinos.
Key Business Strategies
Boyd Gaming focused on regional diversification and strategic acquisitions to own a consistent customer base. The company has been focused on expanding, including a venture with MGM Resorts International, opening the Borgata Hotel Casino in Atlantic City in 2003. The company made a move into the online gaming technology sector in 2022 by acquiring Pala Interactive.
Philanthropy
While specific amounts are unavailable, Boyd Gaming is known for its focus on responsible gaming and community engagement. The company operates under a philosophy called 'Caring the Boyd Way,' which focuses on treating every stakeholder with respect.