---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-038829"
form_type: "8-K"
ticker: "BYD"
cik: "0000906553"
company_name: "BOYD GAMING CORP"
filed_at: "2025-12-29T23:59:59+00:00"
generated_at: "2026-05-16T12:12:53.155751+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Boyd Gaming to purchase up to $465M in renewable energy tax credits to reduce 2025 federal tax

## Summary
- Boyd Gaming entered purchase agreements for discounted renewable energy ITCs under Sections 48/48E to lower 2025 federal income tax.
- Aggregate purchase not to exceed ~$465 million; indemnified if credits are invalid or not transferred.
- Payments subject to customary conditions; termination if IRS transfer not completed by Sept 15, 2026.

## SEC filing metadata
- accession: 0001437749-25-038829
- form_type: 8-K
- ticker: BYD
- cik: 0000906553
- company_name: BOYD GAMING CORP
- filed_at: 2025-12-29T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/906553/000143774925038829/0001437749-25-038829-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/906553/000143774925038829/bgc20251223_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-038829
- JSON: https://secwatch.observer/filing/0001437749-25-038829.json
- Plain text: https://secwatch.observer/filing/0001437749-25-038829.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.