Norfolk casino developers drop former financer, push ahead with temporary plan [Yahoo! Finance]
Boyd Gaming Corporation (BYD)
Last boyd gaming corporation earnings: 4/28 04:05 pm
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Source: Yahoo! Finance
The advancements include some major changes. Development leaders said they have dropped a former financial backer and confirmed plans to install a temporary casino at the site to meet a deadline. Pamunkey Indian Tribe Chief Robert Gray and Boyd Gaming Executive Vice President Uri Clinton discussed the changes in an interview Wednesday. Jon Yarbrough , the Tennessee billionaire who originally created the company that oversees the casino development, is no longer involved with the project, Gray said. He is being replaced by Boyd as the majority owner of that company, Golden Eagle Consulting, said project spokesperson Jay Smith. The tribe also will have a 20% equity interest, according to city documents. Gray said it was always the tribe's intent to find a professional management team for the Norfolk project, and said they had met with several companies. “Yes, we've had some challenges over the last few years,” Gray said. The project has encountered various delays and changes in
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BYD
Earnings
- 7/25/24 - Beat
BYD
Sec Filings
- 9/3/24 - Form 4
- 9/3/24 - Form 4/A
- 8/30/24 - Form 4
- BYD's page on the SEC website