6114 online casinoShares of Boyd Gaming (NYSE:BYD) are trading lower Wednesday. (Image: Boyd Gaming)On Monday, Boyd Gaming announced the creation of “BoydPay,” a digital wallet developed with Aristocrat Technologies. 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, Icasinos in ohioAn analyst is bullish on operator Boyd’s prospects. That’s despite a better-than-expected fourth-quarter earnings report and bullish comments from some sell-side analysts. That’s despite a better-than-expected fourth-quarter earnings report and bullish comments from some sell-side analysts. is harrah s cherokee casino open

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seminole casino age limit“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. The Aliante Casino Resort Las Vegas. 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. doubledown casino 10 million free chips 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. 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. 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. roulette minimum bet

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fanduel casino promo code 2021But the Aliante operator is realizing significant cost improvements, many of which will be permanent when the pandemic is a thing of the past. “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. 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(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. “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 bear casino camping