Bally’s Corporation Finalizes $30 Million Purchase of Sam’s Town Shreveport

Bally’s Corporation has closed its $30 million acquisition of Sam’s Town Shreveport from Boyd Gaming, bringing the riverboat casino and its associated hotel into the company’s growing collection of properties across the Shreveport-Bossier market, and the transaction received unanimous approval from the Louisiana Gaming Control Board before completion.

Property Details and Market Context

The acquired asset features a 29,000 square foot casino floor equipped with approximately 750 slot machines along with 14 table games, and it also includes a 514-room hotel that has long served visitors to the area, while the deal marks the first instance in which two neighboring riverboat casinos in the Shreveport-Bossier region fall under single ownership following the transfer.

Rebranding efforts will convert the property into a Bally’s branded operation, and this change aligns with the company’s strategy to consolidate its presence in key regional gaming markets where multiple venues can operate under unified management.

Regulatory Approval and Ownership Shift

The Louisiana Gaming Control Board granted its unanimous approval to the transaction, clearing the path for Bally’s to assume control, and this regulatory step ensured that all licensing and compliance requirements were satisfied before the deal reached final closure.

Observers note that the shift creates a new ownership structure for the pair of adjacent riverboat properties, allowing Bally’s to manage operations across both sites while maintaining separate physical locations that continue to draw regional visitors.

Leadership Comments on Expansion

Bally’s Chairman Soo Kim addressed the acquisition and highlighted opportunities for future development, and investor Curtis “50 Cent” Jackson also offered remarks regarding the expansion and its potential within the company’s broader portfolio.

These statements focused on the strategic value of adding the Shreveport property at a time when Bally’s continues to build its footprint in multiple states, and the comments emphasized operational synergies that could emerge from coordinated management of neighboring venues.

Integration and Future Operations

Following the close of the deal, Bally’s will begin the process of integrating Sam’s Town Shreveport into its existing systems, and the rebranding will introduce the Bally’s name to the property while preserving core gaming and hospitality offerings that have defined the venue for years.

The 29,000 square foot casino floor, the collection of roughly 750 slots, the 14 table games, and the 514-room hotel will all transition under the new ownership, and company representatives have indicated that standard operational continuity will remain a priority during the transition period.

Conclusion

The completed transaction adds a well-established riverboat casino and hotel to Bally’s holdings in Louisiana, and the unanimous regulatory approval together with the leadership comments underscore the structured nature of the expansion, while the rebranding sets the stage for the property’s next phase under unified ownership with its neighboring venue.