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    Boyd Gaming shares jump on acquisition

    17.05.12 Boyd Gaming jumped 6 percent Thursday after the company announced it was buying Peninsula Gaming LLC. The deal expands Boyd's footprint in states like Iowa and Louisiana, where gambling competition is less fierce than on the coasts. Those markets are far less saturated with casinos than Boyd Gaming's hometown of Las Vegas, or East Coast gambling hubs like Atlantic City. THE SPARK: The company, based in Las Vegas, said Wednesday it would pay for $1.
    Source:     BusinessWeek