The new casino will replace the Jokers Wild casino in Henderson and will eventually feature a hotel and an expanded gaming area
Jokers Wild, a casino in Henderson, Nevada, is set to close in the future as Boyd Gaming prepares to open a new property in the city. The new venue is expected to be completed in a few years.
Jokers Wild to Close Once Cadence Crossing Casino Is Completed
Jokers Wild, originally known as the Cattle Baron Casino, opened in 1990. With some 35 years in business, it has cemented itself as a popular local entertainment venue. However, Jokers Wild is a gaming-only property without a hotel to offer accommodation to visitors.
Boyd Gaming, which owns Jokers Wild, however, is planning to go bigger. To that end, the casino company is proceeding with its plans for a new property in Henderson. Unlike Jokers Wild, which only offers gaming, a café, a shop and a lounge, the new casino will a larger gaming area and eventually a hotel.
The so-called Cadence Crossing Casino is set to be located on Boulder Highway near Warm Springs Road. It will feature some 450 slot games, as well as several restaurants, according to Boyd Gaming.
Boyd Gaming confirmed that site grading began yesterday. If everything goes smoothly, construction should start in April, with a groundbreaking ceremony set to take place on April 3.
The casino company further clarified that the new property is expected to be complete by mid-2026.
Boyd’s CEO Is Excited to Continue Investing in Nevada
Keith Smith, Boyd Gaming’s president and chief executive officer, commented on the matter, expressing his team’s excitement about the new property and his team’s continued investment in Nevada.
As our Company marks our 50th year serving the Las Vegas Valley, we are excited to begin our latest investment in the southern Nevada community.
Keith Smith, president & CEO, Boyd Gaming
Boyd Gaming confirmed that Jokers Wild will remain open until the company’s new casino is completed.
Boyd Gaming’s Business Remains Strong
In other news, Boyd Gaming recently announced a 5.9% increase in dividend. Back during the pandemic, Boyd was one of the first casino companies to temporarily suspend its dividend, which allowed it to maintain a stable position despite the headwinds. Now, the company is making up to its investors, increasing its dividend to 18 cents per share. As of the time of this writing, the company stock is worth $76.49 apiece.
In the meantime, Boyd Gaming continues its US-facing growth via a mix of promising deals. The operator recently bought Resorts Digital, the online branch of Atlantic City’s Resorts Casino, reinforcing its iGaming presence in America. Some months ago, on the other hand, the operator acquired a majority stake in Golden Eagle Consulting, a company created by billionaire Jon Yarbrough.
