Saturday, April 2, 2022

Pala Interactive Sold for $170 Million - Bonus for Pala Members?

I am sure Pala Members will enjoy the benefits from their investment in Pala Interactive. Boyd Gaming to Acquire Pala Interactive

LAS VEGAS — Boyd Gaming Corporation (NYSE: BYD) today announced that its wholly-owned subsidiary, Boyd Interactive Gaming Inc., has entered into a definitive agreement to acquire Pala Interactive LLC and its subsidiaries for total cash consideration of $170 million.

Read On Pala Band of Mission Indians Enters into Agreement to Sell Pala Interactive LLC to Boyd Gaming for $170 Million


"Our tribe was at the forefront in creating an online gaming platform," said Robert Smith, Chairman of the Pala Band of Mission Indians. "We brought together the best minds in the business to build and ultimately transact, what has become a very successful business." 

Jim Ryan, CEO of Pala Interactive, said, "This is the result of a considerable capital investment and  lot of hard work by the Pala Tribe and Pala Interactive employees to build a modern-age online gaming platform and business tailored to the North American regulated gaming market. Boyd Gaming's acquisition of the Pala Interactive business, positions the enterprise for the next growth phase, which includes the development and execution of an iGaming strategy for Boyd Gaming and a continued commitment of investment and development in Pala's B2B business."

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Thanks to Commenters for bringing this news to attention.