BOYD GAMING CORP — Director's Dealing 2011

Jan 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BOYD GAMING CORP (BYD)
CIK: 0000906553
Period of Report: 2011-01-18

Reporting Person: BOYD WILLIAM S (Director, Executive Chairman, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-18	Common Stock	G	8904	—	Disposed	18181913	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	77392	Indirect
Common Stock	28000	Indirect
Common Stock	837252	Indirect
Common Stock	153117	Indirect

Footnotes

F1: On January 18, 2011, the reporting person gifted 8,904 shares of Common Stock (the "Shares") from William S. Boyd Gaming Properties Trust ("WSBGPT") to the education trusts of the following grandchildren in the amounts specified in brackets: The Aysia Lynn Boyd 1997 Education Trust (1,113 shares), The Samuel Joseph Boyd, Jr., 1997 Education Trust (1,113 shares), The Taylor Joseph Boyd 1997 Education Trust (1,113 shares), The Josef William Boyd 1997 Education Trust (1,113 shares), The T'Mir Kathleen Boyd 1997 Education Trust (1,113 shares), The William Samuel Boyd 1997 Education Trust (1,113 shares), The Sean William Johnson 1997 Education Trust (1,113 shares), and The Justin Boyd 1999 Education Trust (1,113 shares).

F2: By William S. Boyd Gaming Properties Trust ("WSBGPT") of which reporting person is the trustee, settlor and beneficiary.

F3: By W.S.B., Inc., the reporting person's wholly owned corporation.

F4: By William S. Boyd Family Corporation, the reporting person's wholly owned corporation.

F5: By BG-09 Limited Partnership, of which each of the William S. Boyd Gaming Properties Trust ("WSBGPT") and the Marianne Boyd Gaming Properties Trust ("MBGPT") are the general partners thereof.