Cadence Crossing completion to be followed by new casino in Paradise, Peoria
Boyd Gaming is planning to open its Cadence Crossing casino in Henderson, Nevada, in late March, with the 10,000-square-foot casino set to replace the company’s Jokers Wild casino on Boulder Highway.
The operator currently has several large-scale projects underway projects including a completely new gaming floor in Paradise, Peoria, as well as renovations at Suncoast and Orleans.
Overall, the Candence project will have a footprint of 50,000-square-foot and will host 450 slot machines and several as-yet-unidentified food and beverage outlets.
Boyd President and CEO Keith Smith said: “We plan to open Cadence Crossing Casino in late March, enhancing our Las Vegas locals presence with a modern gaming entertainment facility. The adjacent community of Cadence is growing rapidly, with more than 1,200 new homes sold in 2025 alone. This is the third-best sales performance of any master-planned community in the country. With strong residential growth continuing throughout the neighbourhood, we believe Cadence Crossing Casino will be well-positioned to deliver a strong return on our investment.
“With significant land still available at Cadence Crossing for future development, we will have the opportunity to expand this property to meet the growing demand.”
“Our next growth project will be the development of a new $160m gaming facility at Paradise, Peoria. We are continuing to work with state regulators to finalise our plans for the development of a single-level facility with a modern new casino floor and enhanced amenities for our guests. Once we receive final approval from the Illinois Gaming Board, site preparations will begin, and we anticipate starting construction in 2027.
“Once complete in 2028, this investment will significantly enhance the competitiveness and appeal of Paradise, positioning us for incremental long-term growth at this property. Finally, work is well underway on our $750 million resort development in Norfolk, Virginia. We reached a key milestone in November when we opened our transitional casino adjacent to our development site. This was an important step for our Virginia project, and our focus remains on the development of our permanent resort. Foundation work is now largely complete for the permanent building, and construction is now going vertical. Once complete in late 2027, this upscale resort will feature a 65,000-square-foot casino, a 200-room hotel, eight food and beverage outlets, live entertainment, and an outdoor amenity deck.”
In the first 23-days of operation, the slots-only operation at The Interim Gaming Hall, which opened in November, brought in $1.4m.
“We expect it to break even at kind of the level it’s running at today,” Smith said. “Whether it’s slightly positive or slightly negative, it’s not big enough to move the dial for us, so you should just continue to think of it as a break-even proposition through the opening of the permanent facility.”
“In addition to offering market-leading amenities, our resort will be the most convenient gaming destination for much of the Hampton Roads region, as well as the 15 million tourists who visit nearby Virginia Beach each year.”
“Work is now underway on hotel room renovations at the Orleans, where we expect to complete work in the fourth quarter of this year. We will also soon begin a hotel room update at Suncoast, which we expect to be complete by the end of the year. With the completion of these projects, we will have updated approximately 60 per cent of our nationwide hotel inventory over the last several years. Separately, the modernisation of our Suncoast property is well underway, with nearly half of the casino floor now complete. Properties continue to perform well throughout the construction process, further increasing our confidence in the growth potential of this investment.”
“We expect this project to be completed toward the end of the third quarter of this year. Once our Suncoast casino model is complete, we plan to start a similar project at the Orleans during 2027. In addition to these property enhancements, we are continuing our growth capital investments nationwide.”
The post Boyd Gaming to open Cadence Crossing in March appeared first on G3 Newswire.
Cadence Crossing completion to be followed by new casino in Paradise, Peoria Boyd Gaming is planning to open its Cadence Crossing casino in Henderson, Nevada, in late March, with the 10,000-square-foot casino set to replace the company’s Jokers Wild casino on Boulder Highway. The operator currently has several large-scale projects underway projects including a completely new…
The post Boyd Gaming to open Cadence Crossing in March appeared first on G3 Newswire.