admiral casino yorkThat’s the day, per the state’s constitution, that lawmakers are supposed to have a budget in place. However, all signs indicate a protracted negotiation continuing in New York, and gaming issues appear to be part of the reason. That’s even as business normalizes and old revenue streams are replenished. black oak casino bowlingWith vaccines becoming more accessible, a wave of pent-up demand from the 55+ demographic could soon be unleashed, supporting gross gaming revenue (GGR) recovery in the second half of this yeasoaring eagle casino and waterparkr.“The 55+ age demographic has play levels that are down over 40%, and we expect this demographic to return quickly in 2H21, which will support and boost regional GGR trends,” said Wieczynski.He adds that a combination of improved marketing schemes, lower labor costs, and the elimination of some profit-sapping amenities could help Boyd expand margins by 500 to 1,000 basis points relative to pre-pandemic levels.Underappreciated Sports Betting StoryBoyd stock usually isn’t viewed as a sports wagering play. Between its dominant positioning in downtown Sin City and its regional portfolio, the company is levered to key demographics, such as Las Vegas locals (LVLs) and the 55-and-up age group.Older gamblers largely sat out initial coronavirus reopenings, limiting rebounds for regional operators.  comes less than two months after he last boosted his projection on the regional gaming name.Longer-term, we continue to believe spending/visitation trends will remain relatively healthy across the majority of BYD’s operating markets, while their diminishing cost structure should ultimately allow for greater flow-through,” said Wieczynski.He raised his 2021 through 2023 revenue and earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) estimates on the gaming name.Adding to the Boyd bull case is that many of the cost reductions the operator realized during the coronavirus pandemic are likely to remain permanent. map of black hawk casinos

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zynga poker news“We believe there are 8-12 states that could go down the path of legalizing sports betting this year, which should continue to support long-term total addressable market estimates (no matter how crazy they are). Andrew Cuomo (D) and the New York state legislature inserted mobile sports betting into the spending plans. However, all signs indicate a protracted negotiation continuing in New York, and gaming issues appear to be part of the reason. www.coolcat casino bonus codesAndrew Cuomo (D) and the New York state legislature inserted mobile sports betting into the spending plans. Both Gov. But the company owns five percent of FanDuel — a trait the investment community may not fully appreciate.The sports betting euphoria trade should continue to play out,” notes Wieczynski. firekeepers casino jackpot winners

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