2024.07.05
four winds casino openShares of Boyd Gaming (NYSE:BYD) are trading lower Wednesday. “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. Boyd announced plans to expand the service across all its casinos – pending regulatory approval – potentially by later this year. morongo casino commercial 2021But the Aliante operator is realizing significant cost improvements, many of which will be permanent when the pandemic is a thing of the past. The Aliante Casino Resort Las Vegas. Should it need capital, the company has levers to pull, including ownership of its real estate and a five percent stake in sports betting giant Fslot casino machine for saleanDuel.“Looking longer-term, we identify several value creation drivers, including strategic optionality around the company’s predominantly wholly-owned real estate portfolio, deleveraging opportunities, and low-risk sports betting strategy, that feel underappreciated in the context of the current share price/valuation,” adds Wieczynski.The operator is targeting an April launch for its Stardust Casino iGaming platform in Pennsylania, which should speed along the operator’s exposure to the fast-growing internet casino segment.blackjack online casino live dealer directions to a casino near mepoker casino victoriaBut the Aliante operator is realizing significant cost improvements, many of which will be permanent when the pandemic is a thing of the past. (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. Boyd announced plans to expand the service across all its casinos – pending regulatory approval – potentially by later this year. cashman casino problemsCasino 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, IThen, 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. 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. casino near me virginia beach seneca niagara casino slot machinesbally s casino slot machineAn analyst is bullish on operator Boyd’s prospects. It’s getting boring right? No way,” said Stifel analyst Steven Wieczynski in a note to clients today. 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, I“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. 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. soaring eagle casino travis tritt free slot games casino |