Boyd Buys Land Under Still-Shuttered Vegas Casino

• Boyd purchased land under its Eastside Cannery for $45 million in a sale that closed last week
• It had been paying millions of dollars a year in a land lease for the casino hotel
• There are no apparent plans to reopen the property

Boyd Gaming has acquired the land on which its Eastside Cannery sits, though it still has no plans to reopen the casino hotel since being forced to close it during the pandemic.

According to property records obtained by the Las Vegas Review-Journal, Boyd purchased approximately 30 acres for $45 million from Cannery Casino Resorts, to whom Boyd had been paying millions in rent every year.

When then-Gov. Steve Sisolak (D) allowed Nevada’s casinos to reopen following the COVID-19 shutdown in June 2020, Boyd reopened the Cannery but passed on the offer for Eastside Cannery.

Cannery Opener

The Eastside Cannery opened in June 2008 on Las Vegas’ Boulder Strip, a less desirable tourism corridor patronized almost entirely by locals.

Last year, Boyd wrote in a letter to Clark County officials that market conditions made it unwise to reopen the Eastside Cannery considering the “plenty of excess capacity” at Boyd’s neighboring Sam’s Town casino hotel and the hundreds of employees it would need to rehire for the task.