You may be wondering who owns Boomtown Casino, but the answer may surprise you. It’s not a big corporation or a celebrity, but a group of investors who are banking on the success of this casino to bring them profits.
Located in the heart of Reno, Nevada, Boomtown Casino has become a thriving business, boasting revenues and profits that have exceeded expectations.
Learn more about the owners and the success of Boomtown Casino.
Key Takeaways
- Boomtown Casino has had multiple ownership changes throughout its history, with the current owner being Boyd Gaming Corporation.
- Located in Reno, NV, Boomtown Casino is one of the largest casinos in the area, offering a variety of gaming experiences, bars and lounges, and an onsite hotel and spa.
- The casino has been experiencing increasing revenues and profits year-over-year, with the increase attributed to gaming revenue and cost savings from taxation laws.
- Boomtown Casino is positioned as a premier destination in Reno, benefiting from local regulations and taxation laws, and is expected to continue its success and increase profits in the future.
Current Owner: Profits
You may be curious about the history of ownership of Boomtown Casino. The casino has had a few different owners throughout its history, so let’s take a look at the timeline.
From its beginnings in the early 2000s to its current ownership, there have been a few different companies that have taken the reins of Boomtown Casino. Let’s explore these changes in ownership and the profits that came along with them.
Historical Ownership Timeline
Throughout its history, Boomtown Casino has changed hands numerous times.
The casino’s earliest gaming licenses were issued to the Harvey family in 1947, and they operated the casino for over five decades. This family-run business provided generous employee benefits and a top-notch customer experience.
In the early 2000s, Boomtown Casino was sold to the Harrah’s corporation, who operated the business for several years.
In 2012, the casino was re-branded as Boomtown and purchased by Pinnacle Entertainment, who invested in modernizing the hotel and casino, and continued to ensure a great customer experience.
In 2018, Boomtown was sold to Boyd Gaming Corporation, who continues to operate the business today.
About the Casino: Location
Are you curious about the location of Boomtown Casino?
Located in Reno, NV, this massive 200,000 sqft casino offers an array of amenities, including a hotel and spa.
With its prime location and many features, Boomtown Casino is the perfect destination to experience a truly enjoyable and memorable gaming experience.
Location: Reno, NV
Boomtown Casino is located in Reno, NV, a city known for its vibrant nightlife and entertainment. The casino has become a popular destination for locals and tourists alike, offering a variety of gaming experiences. The casino’s staff is friendly and knowledgeable and the profits margins are high, making it a great investment.
In addition, Boomtown Casino offers a variety of VIP programs and loyalty rewards to keep customers coming back.
Here are 3 reasons why Boomtown Casino is the perfect casino in Reno, NV:
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Professional and friendly staffing
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High profit margins
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Variety of VIP programs and loyalty rewards
Size: 200,000 Sqft
Spanning over 200,000 square feet, Boomtown Casino is one of the largest casinos in Reno, NV. It’s owned by Boomtown Reno, Inc., which is a part of the Penn National Gaming company.
The casino boasts a variety of gaming options, including a 24-hour poker room, over 700 slot and video machines, and a variety of table games. There’s also a nightlife scene, with five different bars and lounges, and a VIP Lounge for high-rollers.
The casino also offers a wide selection of restaurants and entertainment for visitors. With its size and variety of amenities, Boomtown Casino is a great destination for those seeking an exciting night out in Reno.
Amenities: Hotel, Spa
If you’re looking for an exciting night out in Reno, you’ll be happy to know that Boomtown Casino offers more than just gaming. Along with a 24-hour poker room, over 700 slot and video machines, and a variety of table games, Boomtown also has luxurious amenities for a truly grand experience.
Guests can enjoy the onsite hotel and spa, which offers an array of services for relaxation and rejuvenation. The spa features a variety of treatments and services, and is equipped with a modern sauna, whirlpool, and massage rooms. Guests can also take advantage of the hotel’s fitness center and beauty salon.
Whether you’re looking for a night of fun or some pampering, Boomtown Casino has something for everyone.
Current Revenues & Profits
Revenues and profits for Boomtown Casino are increasing year-over-year. This includes earnings from gaming, hotel, spa, and restaurant services. Boomtown Casino is able to benefit from local gaming regulations and taxation laws which allow it to generate more revenue from its operations.
| Gaming | +2% |
| Hotel | +3% |
| Spa | +5% |
| Restaurant | +4% |
| Total | +14% |
The total revenue increase for Boomtown Casino is estimated to be 14%, which is higher than the average of other casinos in the area. This is due to the quality of services offered and the ability to capitalize on the local gaming regulations and taxation laws.
The profits for Boomtown Casino are also increasing due to the revenue growth. The profits are estimated to be 25% higher than the previous year. This is attributed to the increase in gaming revenue and the overall cost savings due to the taxation laws. The profits are expected to continue to increase in the future, as the casino continues to capitalize on the local regulations and taxation laws.
Overall, Boomtown Casino is doing well and is expected to continue to do so in the future. The casino is able to benefit from local regulations and taxation laws which are allowing it to generate more revenue and profits from its operations.