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cache creek casino pictures investment in the December quarter.Then, on Tuesday, Global Payments Gaming Solutions and International Game Technology announced an extension of their current cashless gaming initiative.Payment modernization has long been an issue the gaming industry has promoted. The week is just a couple of days old, and already there has been a couple of big announcements regarding cashless gaming. hollywood casino virginiaBoyd Gaming’s Blue Chip Casino in Michigan City, Ind., is currently offering BoydPay, a cashless gaming solution to its players. (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. “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. downstream casino amenities santa ana star casino poollake tahoe casinos caldor fireBut the Aliante operator is realizing significant cost improvements, many of which will be permanent when the pandemic is a thing of the past. 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. An analyst is bullish on operator Boyd’s prospects. hard rock casino route 66 dinerThe week is just a couple of days old, and already there has been a couple of big announcements regarding cashless gaming. Some investors say Boyd’s 2022 EBITDA could be 20 percent higher in 2022 than it was in 2019.“Longer-term, we continue to believe spending/visitation trends will remain relatively healthy (once the country goes back to normal) across the majority of BYD’s operating markets, while their diminishing cost structure should ultimately allow for greater flow through,” said Wieczynski. 16.Boyd Bright Long-Term Outjeux caesar casino gratuitlookOver the near-term, margins may have to carry the day for Boyd, as folks in the 65 and up age demographic stay away from gaming venues until COVID-19 vaccines are more readily accessible.Many casino operators, particularly those with deep regional portfolios, such as Boyd, are in the same boat. clearwater casino hours resorts casino online bonus codewild casino withdrawal time“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, IAn analyst is bullish on operator Boyd’s prospects. investment in the December quarter.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, IThat’s despite a better-than-expected fourth-quarter earnings report and bullish comments from some sell-side analysts. take 2 hollywood casino river spirit casino hotel restaurants |