2024.07.17
free slot games jackpot maniaThat’s despite a better-than-expected fourth-quarter earnings report and bullish comments from some sell-side analysts. 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 Fharrah s casino council bluffsanDuel.“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.Boyd Gaming’s Blue Chip Casino in Michigan City, Ind., is currently offering BoydPay, a cashless gaming solution to its players. mohegan sun casino in paShould it need capital, the company has levers to pull, including ownership of its real estate and a five percent stake in sports betting giant Fharrah s casino council bluffsanDuel.“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.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. Those efficiencies are bolstering margins, with some market observers noting Boyd’s earnings before interest, taxes, depreciation and amortization (EBITDA) surged in the second half of 2020 despite temporary shutdowns. live casino maryland mall the mgm grand casinolas viejas casino in san diego(Image: Boyd Gaming)On Monday, Boyd Gaming announced the creation of “BoydPay,” a digital wallet developed with Aristocrat Technologies. 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. Shares of Boyd Gaming (NYSE:BYD) are trading lower Wednesday. mohegan sun casino in uncasville connecticutIt’s getting boring right? No way,” said Stifel analyst Steven Wieczynski in a note to clients today. An analyst is bullish on operator Boyd’s prospects. “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. black oak casino live music mgm casino japanclearwater casino lewiston id16.Boyd Bright Long-Term Outharrah s casino council bluffslookOver 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. It’s getting boring right? No way,” said Stifel analyst Steven Wieczynski in a note to clients today. Boyd announced plans to expand the service across all its casinos – pending regulatory approval – potentially by later this year. investment in the December quarter.“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. 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. g day casino no deposit bonus codes casino with roulette table near me |