pechanga casino foodThat 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. As American Gaming Association President and CEO Bill Miller noted at the 2019 Global Gaming Expo, the cash-only system casinos have used for years no longer meshes with customers used to useneca niagara casino eventssing mobile devices to pay for most products and services.The issue gained even greater relevance in the past year, thanks to the COVID-19 pandemic. That’s despite a better-than-expected fourth-quarter earnings report and bullish comments from some sell-side analysts. seneca niagara casino barShares of Boyd Gaming (NYSE:BYD) are trading lower Wednesday.  investment in the December quarter.“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. foxwoods online store

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winstar world casino in oklahomaBut the Aliante operator is realizing significant cost improvements, many of which will be permanent when the pandemic is a thing of the past. 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. It’s getting boring right? No way,” said Stifel analyst Steven Wieczynski in a note to clients today. soaring eagle casino event center investment in the December 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. 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. big fish casino ios

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free slot machines double diamond deluxe16.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. “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. Boyd Gaming’s Blue Chip Casino in Michigan City, Ind., is currently offering BoydPay, a cashless gaming solution to its players. 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 Fseneca niagara casino eventsanDuel.“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.It’s getting boring right? No way,” said Stifel analyst Steven Wieczynski in a note to clients today. That’s despite a better-than-expected fourth-quarter earnings report and bullish comments from some sell-side analysts. admiral casino contact number