Boyd Gaming Corporation, F.K.A. The Boyd Group and Subsidiaries - Page 7

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          percent of their employees (by name and not by number) stay on              
          the premises throughout their shifts, and that these employees              
          deserved meals for having to stay on the premises.  Management              
          also believed that it was not essential to petitioners' operation           
          to keep the remaining 20 to 25 percent of the employees on the              
          premises throughout their shifts, but petitioners would generally           
          require these employees to stay on the premises, and offer them             
          meals, as a matter of consistency.  The meals that petitioners              
          provide to their employees include hot meals, cold foods, and               
          snacks (collectively referred to as the meals).  Petitioners                
          provide the meals to their employees as a form of compensation,             
          and petitioners’ provision of the meals is not discriminatory in            
          favor of highly compensated employees.                                      
               Petitioners provide the meals to the employees at each                 
          Property in a private employee cafeteria (the Cafeteria) that is            
          located on the Property's premises.  Each of the Properties owns            
          and operates its Cafeteria, and each Cafeteria is separate from             
          the public restaurants located on the Properties, which, in turn,           
          are separate from the alcohol bars on the premises.  Employees              
          receive the meals without charge, and it is petitioners' policy             
          to provide the meals in the Cafeterias only to employees.                   
          Petitioners occasionally serve in the Cafeterias the surplus food           
          from their banquets or buffets.  Petitioners do not quantify the            
          amount of surplus food consumed in the Cafeterias, and they do              
          not accurately account for any of the food served in the                    
          Cafeterias.  Petitioners keep no records that identify how many             



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Last modified: May 25, 2011