Boyd Gaming is set to open its newest casino, Cadence Crossing, in Henderson, Nevada, by late March 2026. The development marks the company’s first new casino in over two decades, replacing its former Jokers Wild Casino on Boulder Highway. The 50,000-square-foot facility will feature a 10,000-square-foot casino floor, adding 450 slot machines to the area and several dining outlets, although specific details about the food offerings have yet to be disclosed.

A Significant Investment in the Region

Boyd’s Cadence Crossing will cater to the growing Cadence community in Henderson, which experienced remarkable growth in 2025, selling over 1,200 homes. As reported by the Las Vegas Review-Journal, CEO Keith Smith highlighted that the success of the residential community positions the casino for a profitable future, as the area ranks third in the nation for master-planned communities. Smith expressed optimism regarding the new casino’s potential, pointing out the strong local market demand as a driving factor in the development’s success.

Although Boyd has not disclosed the exact financial commitment to the Cadence Crossing project, the company has allocated $100 million in capital improvements across its various properties nationwide. The casino is expected to complement Boyd’s broader investment strategy, which includes property upgrades in key markets such as Las Vegas and the Midwest.

Cadence Crossing will eventually expand beyond the casino, with plans to introduce a hotel, though no timetable for this expansion has been set. The company intends to grow the casino in alignment with the Cadence community’s continued development, which will help ensure long-term success.

Strong Year-End Performance and Future Prospects

In its recent fourth-quarter earnings report, Boyd Gaming announced a record $4.09 billion in revenue for 2025. However, the company saw a decline in net income during the final quarter, posting $138.8 million, down from $170.5 million in the same period last year. The company also reported a slight dip in earnings per share, which fell to $1.79, compared to $1.92 in Q4 2024.

Despite these declines, Smith remained positive about Boyd’s performance, attributing the drop in earnings primarily to external factors, such as severe winter weather and the closure of Sam’s Town Tunica in November 2025. Boyd’s performance was otherwise strong, especially in the Nevada locals segment, which saw an increase in gaming revenue despite softness in the broader tourism sector.

Smith also pointed out the growth potential in Boyd’s online gaming segment. As part of its strategy, the company will continue expanding Boyd Interactive, which is expected to contribute significantly to its revenue in 2026. Boyd’s online gaming operations, particularly its involvement with the Sky River Casino expansion in Northern California, are forecasted to generate $110 million to $114 million in EBITDAR in the coming year.

Looking ahead, Boyd is positioning itself for sustained growth. In addition to the Cadence Crossing project, the company is working on a $160 million gaming facility at its Par-A-Dice Casino in East Peoria, Illinois. This ambitious project involves relocating the casino to a permanently moored barge on the Illinois River. Keith Smith emphasized that this move would enhance the casino’s appeal and competitiveness, ensuring long-term growth potential for the property, with construction expected to begin in 2027.

Boyd is also in the process of completing the $750 million waterfront casino resort in Norfolk, Virginia, in partnership with the Pamunkey Indian Tribe. This resort, which is slated to open in late 2027, will feature a 200-room hotel, eight dining outlets, and 1,500 slot machines, further contributing to Boyd’s diverse portfolio of gaming properties across the U.S.

Boyd Gaming executives remain confident about the future, with a focus on strategic investments that align with long-term industry growth. Smith expressed optimism for 2026, pointing out that the company’s Nevada and Midwest operations were positioned to benefit from sustained consumer spending in the wake of tax legislation passed in 2025.