2024.07.18
free slot machines freeThe Aliante Casino Resort Las Vegas. 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, IBoyd announced plans to expand the service across all its casinos – pending regulatory approval – potentially by later this year. boomtown casino table games“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. 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. Boyd announced plans to expand the service across all its casinos – pending regulatory approval – potentially by later this year. mgm grand casino maryland resorts casino long islandonline foxwoods promo codeThat’s despite a better-than-expected fourth-quarter earnings report and bullish comments from some sell-side analysts. 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. Some 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. cliff castle casino tribe investment in the December quarter.The week is just a couple of days old, and already there has been a couple of big announcements regarding cashless gaming. (Image: Boyd Gaming)On Monday, Boyd Gaming announced the creation of “BoydPay,” a digital wallet developed with Aristocrat Technologies. gold coast casino elko nv free 3 wheel slots onlineplay free casino video slot gamesShares of Boyd Gaming (NYSE:BYD) are trading lower Wednesday. The Aliante Casino Resort Las Vegas. 16.Boyd Bright Long-Term Outharrah s casino council bluffslookOver the near-term, margins may have to carry the day for Boyd, as folks in the 65 and up age demographic stay away from gaming venues until COVID-19 vaccines are more readily accessible.Many casino operators, particularly those with deep regional portfolios, such as Boyd, are in the same boat. Some 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 Gaming’s Blue Chip Casino in Michigan City, Ind., is currently offering BoydPay, a cashless gaming solution to its players. 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. pechanga casino california blackjack online shopping |