2024.07.18
update cashman casinoThat 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. It’s getting boring right? No way,” said Stifel analyst Steven Wieczynski in a note to clients today. Shares of Boyd Gaming (NYSE:BYD) are trading lower Wednesday. raging bull casino withdrawal timeIt’s getting boring right? No way,” said Stifel analyst Steven Wieczynski in a note to clients today. The week is just a couple of days old, and already there has been a couple of big announcements regarding cashless gaming. An analyst is bullish on operator Boyd’s prospects. is firekeepers casino requiring masks online slots real money floridachinook winds casino anniversary 2020Some 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. (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. Shares of Boyd Gaming (NYSE:BYD) are trading lower Wednesday. borgata casino in nj“While some investors would argue that most of the positive momentum around core operating trends and sports betting has already been embedded in BYD’s share price, we would argue there is more to come.” The analyst rates Boyd a “buy” with a price target, implying upside of almost 10 percent from where the stock closed on Feb. 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. But the Aliante operator is realizing significant cost improvements, many of which will be permanent when the pandemic is a thing of the past. free online slots download santa ana casino in albuquerquedata mgm casino 4dSome 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. 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. An analyst is bullish on operator Boyd’s prospects. An analyst is bullish on operator Boyd’s prospects. 16.Boyd Bright Long-Term Outseneca niagara casino eventslookOver 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. blackjack online with side bets cool cat casino 100 free |