Boyd Gaming Acquires Pala Interactive for $170M

Boyd Gaming is acquiring Pala Interactive for $170 million. The American gaming and hospitality company revealed on Monday, March 28, that it has agreed to a deal that will close in the first quarter of 2023, and will be financed via cash and an existing credit agreement.

The acquisition will include all Pala Interactive subsidiaries. Pala Interactive provides real-money and social gaming solutions to both businesses and consumers across North America.

Boyd Gaming president and chief executive Keith Smith said the acquisition will provide full control over the technology, development and customer experience. Pala Interactive chief executive Jim Ryan said this acquisition sets the scene for the next phase of growth which will see development and execution of an igaming strategy for Boyd Gaming and the Pala B2B business.