little river casino spaShares of Boyd Gaming (NYSE:BYD) are trading lower Wednesday. Boyd announced plans to expand the service across all its casinos – pending regulatory approval – potentially by later this year. (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. island resort and casino hotel phone number investment in the December quarter.(Image: Boyd Gaming)On Monday, Boyd Gaming announced the creation of “BoydPay,” a digital wallet developed with Aristocrat Technologies. 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. cache creek casino bus from union city

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boomtown casinosThat’s despite a better-than-expected fourth-quarter earnings report and bullish comments from some sell-side analysts. 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. The week is just a couple of days old, and already there has been a couple of big announcements regarding cashless gaming. free slots 7780But the Aliante operator is realizing significant cost improvements, many of which will be permanent when the pandemic is a thing of the past. Shares of Boyd Gaming (NYSE:BYD) are trading lower Wednesday. 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. harrah s casino expreb

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seven feathers casino promo code“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. 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. Boyd Gaming’s Blue Chip Casino in Michigan City, Ind., is currently offering BoydPay, a cashless gaming solution to its players. 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. 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.An analyst is bullish on operator Boyd’s prospects. where is chukchansi casino