Boomtown, Inc.
| Public | |
| Industry | Entertainment & Hospitality |
| Fate | Merged with Hollywood Park, Inc. |
| Successor | Hollywood Park, Inc. |
| Founded |
1988 Verdi, Nevada, U.S. |
| Defunct | June 30, 1997 |
| Headquarters | Verdi, Nevada, U.S. |
| Owner | Pinnacle Entertainment |
Boomtown, Inc. was a gaming company based in Verdi, Nevada and was the headquarters of Boomtown Reno. It was acquired on June 30, 1997 by Hollywood Park, Inc. (now Pinnacle Entertainment) for $188 million.[1]
The company agreed on January 19, 1995 to buy National Gaming for $500 million, to be partly financed by Hospitality Franchise Systems, which had spun off National months earlier.[2] Boomtown cancelled the deal on April 4, 1995 because of shareholder objections.[3]
List of properties
- Boomtown Biloxi — Biloxi, Mississippi
- Boomtown Las Vegas — Enterprise, Nevada
- Boomtown New Orleans — Harvey, Louisiana
- Boomtown Reno — Verdi, Nevada
References
- ↑ Berns, Dave (July 2, 1997). "Hollywood Park completes merger". Las Vegas Review-Journal. Archived from the original on April 4, 2005. Retrieved July 31, 2012.
- ↑ Hughlett, Mike (January 19, 1995). "Boomtown sounds alarm on Wall St.". The Times-Picayune. New Orleans. Retrieved July 31, 2012. – via NewsBank (subscription required)
- ↑ Yoshihashi, Pauline (April 4, 1995). "Boomtown cancels accord to acquire National Gaming". Wall Street Journal. Retrieved July 31, 2012. – via Factiva (subscription required)
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