Pala Band of Mission Indians to sell Pala Interactive LLC to Boyd Gaming for $170M

PALA – Pala Interactive LLC, a North American iGaming software and services supplier that is majority owned by the Pala Band of Mission Indians, entered into a definitive agreement with Boyd Gaming Corporation to sell the business for total cash consideration of $170 million.“Our tribe was at the forefront in creating an online gaming platform,” Robert Smith, chair of the Pala Band of Mission Indians, said. “We brought together the best minds in the business to build and ultimately transact, what has become a very successful business.”Pala Interactive, founded by the Pala Band of Mission Indians in 2013, built an innovative online gaming technology company that provides real money and social gaming solutions on both a business-to-business and business-to-consumer basis
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