2024.07.19
riverwind casino loungeAn analyst is bullish on operator Boyd’s prospects. 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.turtle creek casino halloween 2021(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. But the Aliante operator is realizing significant cost improvements, many of which will be permanent when the pandemic is a thing of the past. admiral casino oldham poker casino vilamouraslotocash mobile casinoThose 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. Shares of Boyd Gaming (NYSE:BYD) are trading lower Wednesday. “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. choctaw casino concertsThen, 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. Boyd Gaming’s Blue Chip Casino in Michigan City, Ind., is currently offering BoydPay, a cashless gaming solution to its players. Shares of Boyd Gaming (NYSE:BYD) are trading lower Wednesday. roulette casino javascript call winstar casinoillinois online casino no deposit bonusThose 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. The Aliante Casino Resort Las Vegas. Boyd announced plans to expand the service across all its casinos – pending regulatory approval – potentially by later this year. 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. 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. 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 Fcasinos online for real moneyanDuel.“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.free slots 22 club player casino no deposit code |