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AEG Live to Operate Echelon Place Entertainment Venues

25 August 2006

LAS VEGAS, Nevada – (PRESS RELEASE) -- Boyd Gaming Corporation (NYSE: BYD) today announced an agreement with AEG Live, whereby AEG will produce and present shows in the two major entertainment venues at Echelon Place, its next-generation resort development on the Las Vegas Strip. According to the agreement, AEG Live, the music and entertainment division of internationally renowned AEG, will operate the 4,000-seat production theatre and 1,500-seat performance venue at Echelon.

AEG is one of the world's leading producers, presenters, and operators of innovative live sports and entertainment events. AEG owns and manages an impressive array of leading entertainment venues, including The Colosseum at Caesars Palace in Las Vegas, The O2 (formerly The Millennium Dome) in London and O2 World in Berlin, the Sprint Center in Kansas City, the Staples Center in Los Angeles, and the Nokia Live theatres in Dallas and New York.

Bob Boughner, President of Boyd Gaming's Echelon Resorts, commented on the agreement, "Entertainment has played an integral role in the upscaling and continued evolution of Las Vegas as a leading vacation and convention destination. AEG is widely recognized as an innovator and leader in location-based entertainment. Their addition to the project advances our strategy of aligning with the premier companies and brands in each element of the Echelon experience."

John Meglen, President and Co-Chief Executive Officer of the Touring and Special Events division of AEG Live, added, "Entertainment has always been a major part of the Las Vegas experience, and given our success in this destination, we are thrilled about the prospect of extending our presence in the marketplace. Boyd Gaming is developing a unique and completely integrated resort experience at Echelon Place, which provides AEG with an opportunity to shape the next generation of Las Vegas entertainment."

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