Peninsula Gaming

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Peninsula Gaming, LLC was a casino operator based in Dubuque, Iowa, with five properties in Iowa, Louisiana, and Kansas.

In November 2012, Boyd Gaming bought the company for $1.45 billion.[1]

History[edit]

In February 2002, Peninsula bought a fifty percent interest in the Evangeline Downs racetrack in Lafayette Parish, Louisiana from B. I. Moody for $15 million.[2] They bought the remaining half several months later from William Trotter for another $15 million, plus 0.5% of slot revenues for the first ten years.[3] After Lafayette voters had rejected slot machines at the track, Evangeline Downs had planned a move to St. Landry Parish, which Peninsula carried out. The casino at the new site opened in late 2003,[4] with races following in 2005.[5]

In 2009, Peninsula proposed building a $150-million casino in Des Moines that would operate under the license of the Prairie Meadows racino. Prairie Meadows ultimately rejected the plan.[6]

Later that year, Peninsula agreed to buy the Amelia Belle riverboat casino in Amelia, Louisiana for $106.5 million.[7]

Properties[edit]

References[edit]

  1. ^ "Boyd completes $1.45 billion acquisition of Peninsula Gaming". Vegas Inc. November 20, 2012. Retrieved 2012-11-20. 
  2. ^ "Peninsula Gaming eyeing full ownership of Evangeline Downs". The Blood-Horse. August 2, 2002. Retrieved 2012-05-17. 
  3. ^ San Miguel, Hector (September 6, 2002). "With sale, Evangeline Downs poised for big move". The Blood-Horse. Retrieved 2012-05-17. 
  4. ^ San Miguel, Hector (December 20, 2003). "Evangeline Downs gets early Christmas present". The Blood-Horse. Retrieved 2012-05-17. 
  5. ^ LaMarra, Tom (April 7, 2005). "New Evangeline Downs breaks from gate". The Blood-Horse. Retrieved 2012-05-17. 
  6. ^ "Gaming officials: Second Des Moines casino dead". Telegraph-Herald (Dubuque, IA: via HighBeam). August 28, 2009. Retrieved 2012-05-16.  (subscription required)
  7. ^ "Peninsula Gaming buys Louisiana casino". Telegraph-Herald (Dubuque, IA: via HighBeam). October 29, 2009. Retrieved 2012-05-16.  (subscription required)

External links[edit]