博伊德赌场 2024年度报告

(Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year endedDecember 31, 2024OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 Commission file number:1-12882 BOYD GAMING CORPORATION (Exact name of registrant as specified in its charter) 88-0242733(I.R.S. EmployerIdentification No.) Nevada(State or other jurisdiction ofincorporation or organization) 6465 South Rainbow Boulevard,Las Vegas,NV89118(Address of principal executive offices) (Zip Code) (702)792-7200(Registrant’s telephone number, including area code) Securities registered pursuant to Section12(b) of the Act: Name of each exchange on whichregistered Title of each classCommon Stock, par value of $0.01 pershare Securities registered pursuant to section12(g) of the Act: NoneIndicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.Yes☒No☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Section15(d) of the Act.Yes☐No☒ Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to filesuch reports), and (2)has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorterperiod that the registrant was required to submit such files).Yes☒No☐ Table of Contents Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "non-accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. Largeacceleratedfiler☒Non-accelerated filer☐ Acceleratedfiler☐Smallerreportingcompany☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition periodfor complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of theeffectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) bythe registered public accounting firm that prepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements ofthe registrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to§240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ As of June 30, 2024, the aggregate market value of common stock held by non-affiliates of the registrant, based on theclosing price on the New York Stock Exchange for such date, was approximately $3.6billion. Indicate the number of shares outstanding of each of the registrant's classes of common stock, as of the latest practicable date. DOCUMENTS INCORPORATED BY REFERENCEPortions of the definitive Proxy Statement for the registrant's 2025Annual Meeting of Stockholders to be filed pursuant to Regulation 14A within 120 days after the registrant's fiscal year end ofDecember 31, 2024 are incorporated by reference into PartIII of this Form 10-K. BOYD GAMING CORPORATIONANNUAL REPORT ON FORM 10-KFOR THE FISCAL YEAR ENDED DECEMBER31,2024TABLE OF CONTENTS ITEM 1.BusinessITEM1A.Risk FactorsITEM1B.Unresolved Staff CommentsITEM 1C.CybersecurityITEM 2.PropertiesITEM 3.Legal ProceedingsITEM 4.Mine Safety Disclosures PART IIITEM 5.Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases ofEquity Securities20ITEM 6.Reserved22ITEM 7.Management's Discussion and Analysis of Financial Condition and Results of Operations22ITEM7A.Quantitative and Qualitative Disclosures About Market Risk41ITEM 8.Financial Statements and Supplementary Data42ITEM 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure89ITEM9A.Controls and Procedures89ITEM 9B.Other Information91ITEM 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections91PART II