<SEC-DOCUMENT>0001193125-18-207727.txt : 20180808
<SEC-HEADER>0001193125-18-207727.hdr.sgml : 20180808
<ACCEPTANCE-DATETIME>20180628164755
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001193125-18-207727
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20180628

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BOYD GAMING CORP
		CENTRAL INDEX KEY:			0000906553
		STANDARD INDUSTRIAL CLASSIFICATION:	HOTELS & MOTELS [7011]
		IRS NUMBER:				880242733
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		3883 HOWARD HUGHES PARKWAY
		STREET 2:		NINTH FLOOR
		CITY:			LAS VEGAS
		STATE:			NV
		ZIP:			89169
		BUSINESS PHONE:		7027927200

	MAIL ADDRESS:	
		STREET 1:		3883 HOWARD HUGHES PARKWAY
		STREET 2:		NINTH FLOOR
		CITY:			LAS VEGAS
		STATE:			NV
		ZIP:			89169

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BOYD GROUP
		DATE OF NAME CHANGE:	19941130
</SEC-HEADER>
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<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Boyd Gaming Corporation </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>3883 Howard Hughes Parkway, Ninth Floor </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Las Vegas, Nevada 89169 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">June 28, 2018 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities and Exchange Commission
</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Division of Corporation Finance </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">100 F Street, N.E. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Washington, D.C. 20549 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">Re:</TD>
<TD ALIGN="left" VALIGN="top">Boyd Gaming Corporation (the &#147;Company&#148;) </TD></TR></TABLE> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:Times New Roman">Registration Statement on Form <FONT
STYLE="white-space:nowrap">S-4</FONT></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:Times New Roman"><U>Registration Number 333-225959 </U></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ladies and Gentlemen: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This letter is provided to the staff of
the Securities and Exchange Commission (the &#147;Staff&#148;) in connection with the Company&#146;s registration statement referenced above relating to the offer (the &#147;Exchange Offer&#148;) to exchange the Company&#146;s $700,000,000 aggregate
principal amount of 6.000% Senior Notes due 2026 that will be registered under the Securities Act (the &#147;Exchange Notes&#148;) for any and all outstanding 6.000% Senior Notes due 2026 that the Company issued on June&nbsp;25, 2018 (the &#147;Old
Notes&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company hereby informs the Staff that it is registering the Exchange Offer in reliance on the Staff position enunciated in <I>Exxon
Capital Holdings Corporation</I>, SEC <FONT STYLE="white-space:nowrap">No-Action</FONT> Letter (April 13, 1989) (the &#147;Exxon Capital Letter&#148;); <I>Morgan Stanley</I><I></I><I>&nbsp;&amp; Co., Incorporated</I>, SEC <FONT
STYLE="white-space:nowrap">No-Action</FONT> Letter (June 5, 1991) (the &#147;Morgan Stanley Letter&#148;) and <I>Shearman</I><I></I><I>&nbsp;&amp; Sterling</I>, SEC <FONT STYLE="white-space:nowrap">No-Action</FONT> Letter (July 2, 1993) (the
&#147;Shearman&nbsp;&amp; Sterling Letter&#148;). Unless otherwise indicated, defined terms used herein shall have the same meaning as set forth in the above referenced registration statement, which was filed with the Securities and Exchange
Commission on June&nbsp;28, 2018. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company has not entered into any arrangement or understanding with any person who will receive Exchange Notes in
the Exchange Offer to distribute such Exchange Notes following the completion of the Exchange Offer, and to the best of the Company&#146;s information and belief, each entity participating in the Exchange Offer is acquiring the Exchange Notes in its
ordinary course of business and the Company is not aware of any person that will participate in the Exchange Offer with a view to distribute the Exchange Notes to be received in the Exchange Offer. In this regard, the Company will make each person
participating in the Exchange Offer aware (through the Exchange Offer prospectus or otherwise) that if such person is participating in the Exchange Offer for the purpose of distributing Exchange Notes, such person (i)&nbsp;could not rely on the
Staff position enunciated in the Exxon Capital<I></I>&nbsp;Letter, the Morgan Stanley Letter or interpretive letters of similar intent, and (ii)&nbsp;must comply with registration and prospectus delivery requirements of the Securities Act in
connection with a secondary resale transaction and be identified as an underwriter in the prospectus. The Company acknowledges that such a secondary resale transaction by a person participating in the Exchange Offer should be covered by an effective
registration statement containing the selling securityholder information required by Item 507 and 508, as applicable, of Regulation <FONT STYLE="white-space:nowrap">S-K.</FONT></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In addition, the Company will include in the letter of transmittal to be executed by a recipient of Exchange Notes in the Exchange Offer (the
&#147;Transmittal Letter&#148;) (i) an acknowledgement to be executed by each person participating in the Exchange Offer that such participant does not intend to engage in a distribution of the Exchange Notes and (ii)&nbsp;language to the effect
that if such exchange offeree is a broker-dealer holding Old Notes acquired for its own account as a result of market-making activities or other trading activities, it will deliver a prospectus meeting the requirements of the Securities Act in
connection with any resale of Exchange Notes received in respect of such Old Notes pursuant to the Exchange Offer. The Transmittal Letter will also include a statement to the effect that by acknowledging the foregoing and delivering a prospectus,
such broker-dealer will not be deemed to admit that it is an &#147;underwriter&#148; within the meaning of the Securities Act. </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">If you have any questions regarding the foregoing please contact Brandon C. Parris at Morrison&nbsp;&amp;
Foerster LLP, 425 Market St., San Francisco, California, 94105, (415) <FONT STYLE="white-space:nowrap">268-6617.</FONT></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
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<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Sincerely,</TD></TR>
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<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">BOYD GAMING CORPORATION</TD></TR>
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<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Josh Hirsberg</TD></TR>
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<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Josh Hirsberg</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">Executive Vice President, Chief
Financial Officer and Treasurer</P></TD></TR>
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