NEW YORK (AP) — Shares of casino operator Boyd Gaming Corp. climbed Wednesday after a subsidiary won a property tax appeal versus Atlantic City, New Jersey, getting a refund of more than $88 million.
Boyd said in a filing with the Securities and Exchange Commission that the settlement resolves part of the tax appeal complaints filed by subsidiary Marina District Development Co. in connection with assessments on certain properties for the 2011 through 2014 tax years.
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