2024.07.12
peppermill casino salt lake cityIt’s getting boring right? No way,” said Stifel analyst Steven Wieczynski in a note to clients today. investment in the December quarter.It’s getting boring right? No way,” said Stifel analyst Steven Wieczynski in a note to clients today. how to win gta 5 slot machineThat could be a sign things are going well for the operator to start the current quarter.Another day, another regional gaming operator putting up a very strong quarter. (Image: YouTube)On Tuesday afternoon, the Orleans operator said it earned 73 cents a share on the basis of generally accepted accounting principles (GAAP) on revenue of 5.9 million in the final three months of 2020. That could be a sign things are going well for the operator to start the current quarter.Another day, another regional gaming operator putting up a very strong quarter. hard rock casino lake tahoe events firekeepers casino hotel championshipvalley forge casino sign in investment in the December quarter.Boyd Gaming’s Blue Chip Casino in Michigan City, Ind., is currently offering BoydPay, a cashless gaming solution to its players. Those efficiencies are bolstering margins, with some market observers noting Boyd’s earnings before interest, taxes, depreciation and amortization (EBITDA) surged in the second half of 2020 despite temporary shutdowns. cache creek casino wikiThe week is just a couple of days old, and already there has been a couple of big announcements regarding cashless gaming. “Once virus cases plateau and the country gets more vaccinated, we believe there will be significant pent-up demand for consumers to return to casinos in full force.”Other Favorable CatalystsAt the end of last year, Boyd had 9.2 million in cash on hand against debt of .95 billion. Casino operators sought ways to reduce physical interactions between patrons and staff, such as exchanging chips for cash.Boyd Seeks Aggressive Cashless Gaming RolloutBoyd’s announcement is an extension of a cashless gaming pilot project the gaming company launched with Aristocrat in October at the Blue Chip Casino Resort Spa in Michigan City, Iwild horse pab casino buffet hours black bear casino easter buffetseven feathers casino larry the cable guyAnalysts expected per share earnings of 34 cents on sales of 2.27 million.Management commentary signals that although visitation in downtown Las Vegas — a core market for Boyd — remains slack, there’s strength in the Las Vegas locals (LVL) segment in terms of customer spend and time of visits. That’s despite a better-than-expected fourth-quarter earnings report and bullish comments from some sell-side analysts. But the Aliante operator is realizing significant cost improvements, many of which will be permanent when the pandemic is a thing of the past. “Once virus cases plateau and the country gets more vaccinated, we believe there will be significant pent-up demand for consumers to return to casinos in full force.”Other Favorable CatalystsAt the end of last year, Boyd had 9.2 million in cash on hand against debt of .95 billion. Analysts expected per share earnings of 34 cents on sales of 2.27 million.Management commentary signals that although visitation in downtown Las Vegas — a core market for Boyd — remains slack, there’s strength in the Las Vegas locals (LVL) segment in terms of customer spend and time of visits. That’s despite a better-than-expected fourth-quarter earnings report and bullish comments from some sell-side analysts. cashman casino multiplier resorts casino deposit fee |