2024.07.18
slotocash mobile casinoBut the Aliante operator is realizing significant cost improvements, many of which will be permanent when the pandemic is a thing of the past. That’s despite a better-than-expected fourth-quarter earnings report and bullish comments from some sell-side analysts. Shares of Boyd Gaming (NYSE:BYD) are trading lower Wednesday. santa ana star casino gaming commibionIt’s getting boring right? No way,” said Stifel analyst Steven Wieczynski in a note to clients today. 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. 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. raging bull casino website free online slots democlub player casino 100 no deposit bonusThat’s despite a better-than-expected fourth-quarter earnings report and bullish comments from some sell-side analysts. (Image: Boyd Gaming)On Monday, Boyd Gaming announced the creation of “BoydPay,” a digital wallet developed with Aristocrat Technologies. As American Gaming Association President and CEO Bill Miller noted at the 2019 Global Gaming Expo, the cash-only system casinos have used for years no longer meshes with customers used to ucasinos online for real moneysing mobile devices to pay for most products and services.The issue gained even greater relevance in the past year, thanks to the COVID-19 pandemic. cool cat casino instant playShares of Boyd Gaming (NYSE:BYD) are trading lower Wednesday. 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. raging bull slots legit casino roulette kraskaarthollywood casino sports book“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, IThat’s despite a better-than-expected fourth-quarter earnings report and bullish comments from some sell-side analysts. 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. 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, Icaesar casino free slots club world casino new player bonus |