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Boyd Gaming to Increase Credit Facility

LAS VEGAS – (PRESS RELEASE) -- Boyd Gaming Corporation (NYSE: BYD) today announced that it will request an amendment to improve the terms of its credit facility dated May 20, 2004. The amendment will serve to reduce pricing, extend the maturity date of the revolving portion of the credit facility from June 30, 2009 to June 30, 2010 and modify certain other terms and conditions.

Concurrently, the Company also intends to increase availability under the credit facility by up to $250 million which will provide the Company with flexibility for refinancing of indebtedness, expansion and development projects and general corporate purposes. The Company expects that the amendment and increase will be completed in June 2005, subject to gaming approvals and customary closing conditions.

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