Boyd Gaming Prices Notes - Saturday 28th of January 2006

LAS VEGAS – Boyd Gaming Corporation (NYSE: BYD) today announced that it has priced a registered public offering of $250 million aggregate principal amount of Senior Subordinated Notes due 2016. The notes will bear interest at a rate of 7.125% per annum, payable semi-annually in arrears on February 1 and August 1 of each year beginning on August 1, 2006. The notes will mature on February 1, 2016. The closing of the offering is expected to occur on January 30, 2006, subject to the satisfaction of customary closing conditions.

The Company stated that it expects to apply the full net proceeds of the offering to repay a portion of the outstanding balance on the revolving portion of its bank credit facility, but that it could also use a portion of the net proceeds for general corporate purposes, including capital expenditures.

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