California Legislature Ratifies Compact with Boyd Gaming Tribal Partner Wilton Rancheria

On Aug. 31, the California State Assembly and California State Senate unanimously ratified a tribal-state gaming compact with the Wilton Rancheria Tribe, allowing the tribe to develop and operate a casino resort in Elk Grove, California. The compact was signed by California Governor Jerry Brown in July.

“We are extremely pleased and humbled by the strong support the Tribe has received from the community, the Legislature and the Governor,” said Wilton Rancheria Chairman Raymond C. Hitchcock. “It was a very good day for the 750 members of Wilton Rancheria, the community of Elk Grove and the greater Sacramento region. Now it’s time to get on with building this project, which will create thousands of jobs and invest hundreds of millions of dollars to improve city and country services.”

Boyd Gaming currently has an agreement to develop and manage a casino resort on the Tribe's behalf.  The Tribe's land, located approximately 15 miles southeast of Sacramento, was placed into trust by the U.S. Bureau of Indian Affairs earlier this year.

After the governor signs the ratification legislation, the Company will focus on completing the planning and development process for the resort project, and anticipates starting construction in mid-2018. Construction is expected to take 18 to 24 months.

“We congratulate the Wilton Rancheria for reaching this critical milestone in the tribe's progress toward self-sufficiency," said Keith Smith, President and Chief Executive Officer of Boyd Gaming.  "We look forward to working with them in the years ahead as we help make their vision of a world-class gaming resort a reality.”

Stay tuned for more updates on the Company’s partnership with the Wilton Rancheria Tribe by visiting boydgaming.mediaroom.com