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choctaw casino kid friendlyBoyd Gaming (NYSE:BYD) delivered better-than-expected third-quarter results late Monday, enough to draw applause from some sell-side analysts. (Image: Las Vegas Review-Journal)The operator of The Orleans and Sam’s Town in Las Vegas earned 38 cents a share on revenue of 2.2 million during the July through September period. Boyd Gaming (NYSE:BYD) delivered better-than-expected third-quarter results late Monday, enough to draw applause from some sell-side analysts. black hawk casino bus from thorntonIn addition, the industry scored some key victories, which included getting the Small Business Association to give small gaming businesses access to Paycheck Protection Program loans, which helped them stay afloat and kept workers from the unemployment line.Now, the group wants to see the industry get more COVID relief and get liability protection from lawsuits. Earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) was 8.8 million, rising 12 percent year-over-year.Margin expansion, an oft-cited catalyst for regional operators in the wake of the pandemic, was a primary reason Boyd’s September quarter results topped expectationsseminole casino covid 19.Impressive doesn’t even do it justice when referring to BYD’s 3Q20 margin improvement, said Stifel analyst Steven Wieczynski in a note to clients today. The AGA will also fight to reduce the slot tax reporting threshold and repeal excise taxes casinos and sportsbooks pay.Payment modernization has taken some positive steps as well. 7 turtle creek dr

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free spins red stag casino“While we would expect rated plseminole casino covid 19ay to be strong, it’s clear that even unrated play is healthy as well.”He adds that while there’s been fear in the investment community that gaming equities would be vulnerable to other entertainment options reopening and consumers losing government stimulus cash, Boyd’s visitation and spending patterns should remain robust for the foreseeable future.Long-Term ViewFollowing a 14.33 percent rally over the past month, it could take some time for Boyd stock to reach the level WieczynskiWall Street expected earnings of 17 cents a share on turnover of 0 million. Earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) was 8.8 million, rising 12 percent year-over-year.Margin expansion, an oft-cited catalyst for regional operators in the wake of the pandemic, was a primary reason Boyd’s September quarter results topped expectationsseminole casino covid 19.Impressive doesn’t even do it justice when referring to BYD’s 3Q20 margin improvement, said Stifel analyst Steven Wieczynski in a note to clients today. coolcat casino sign up bonusMiller noted Nevada and Pennsylvania have already approved regulations allowing digital payments in casinos, and other states will soon follow. (Image: Las Vegas Review-Journal)The operator of The Orleans and Sam’s Town in Las Vegas earned 38 cents a share on revenue of 2.2 million during the July through September period. He noted the revival of the Congressional Gaming Caucus was a good step. free slots uk no deposit

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3 card poker live casinoThe AGA will also fight to reduce the slot tax reporting threshold and repeal excise taxes casinos and sportsbooks pay.Payment modernization has taken some positive steps as well. The technology is also being used in tribal casinos.“All of these innovations will help limit the spread of COVID-19, and accelerate gaming’s modernization,” he seminole casino covid 19said.Lastly, Miller noted the growth that has taken place with sports betting. But the margin expansion accrued in the recently completed quarter wasn’t confined to a particular region.At the company’s Midwest and Southern venues, margins jumped more than 1,000 basis points while, boosted by strength in the locals’ segment, Las Vegas margins increased 1,600 basis points, according to Stifel’s Wieczynski. Overall, half of all American adults now hold a favorable view of the industry, compared to just 31 percent in 2009.2021 AGA Goals Unveiled at G2EAs for the year ahead, the goals Miller laid out for 2021 sounded very similar to the ones he mentioned in his speech at G2E last year, and while the three goals were carried over, the industry has made some significant progress on all of them.Miller said the AGA wants to add to the choir of supporters it has on Capitol Hill. In addition, the industry scored some key victories, which included getting the Small Business Association to give small gaming businesses access to Paycheck Protection Program loans, which helped them stay afloat and kept workers from the unemployment line.Now, the group wants to see the industry get more COVID relief and get liability protection from lawsuits. Although the theme of favorable revenue mix, reduced marketing expense, and streamlined labor costs benefiting operating margins in a post-COVID regional gaming operator world has been well-discussed over the past several months, we would argue BYD’s 3Q20 margin performance far exceeded investors’ expectations,” Wieczynski continued. mountaineer casino resort west virginia

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