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mgm grand hotel casino gym(Image: Boyd Gaming)On Monday, Boyd Gaming announced the creation of “BoydPay,” a digital wallet developed with Aristocrat Technologies. 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.  investment in the December quarter.riverwind casino seafood buffetThat 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. (Image: Boyd Gaming)On Monday, Boyd Gaming announced the creation of “BoydPay,” a digital wallet developed with Aristocrat Technologies. Boyd Gaming’s Blue Chip Casino in Michigan City, Ind., is currently offering BoydPay, a cashless gaming solution to its players. black hawk casino winners

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online casino video poker gamesShould it need capital, the company has levers to pull, including ownership of its real estate and a five percent stake in sports betting giant Fviejas casino.comanDuel.“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.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. 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. scarlet pearl casino in biloxiThat’s despite a better-than-expected fourth-quarter earnings report and bullish comments from some sell-side analysts. The Aliante Casino Resort Las Vegas. 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. seminole casino 38 special

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free t rex slot gamesCasino 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, ISome 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 announced plans to expand the service across all its casinos – pending regulatory approval – potentially by later this year. “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. But the Aliante operator is realizing significant cost improvements, many of which will be permanent when the pandemic is a thing of the past. 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, Ichoctaw casino promotions

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