2024.07.17
santa ana casino twitterThe week is just a couple of days old, and already there has been a couple of big announcements regarding cashless gaming. The week is just a couple of days old, and already there has been a couple of big announcements regarding cashless gaming. It’s getting boring right? No way,” said Stifel analyst Steven Wieczynski in a note to clients today. free casino slots with no download or registrationThose 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. (Image: YouTube)On Tuesday afternoon, the Orleans operator said it earned 73 cents a share on the basis of generally accepted accounting principles (GAAP) on revenue of 5.9 million in the final three months of 2020. Shares of Boyd Gaming (NYSE:BYD) are trading lower Wednesday. downstream casino white buffalo clearwater casino bainbridgeharrah s cherokee casino layout investment in the December quarter.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 useneca niagara casino eventssing 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. But the Aliante operator is realizing significant cost improvements, many of which will be permanent when the pandemic is a thing of the past. cache creek casino net worth(Image: YouTube)On Tuesday afternoon, the Orleans operator said it earned 73 cents a share on the basis of generally accepted accounting principles (GAAP) on revenue of 5.9 million in the final three months of 2020. “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. 16.Boyd Bright Long-Term Outseneca niagara casino eventslookOver 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. o harrah s casino cherokee nc four winds casino meliba etheridgewhen is black hawk casinos going to openCasino 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, IAn 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. “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. 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. Boyd announced plans to expand the service across all its casinos – pending regulatory approval – potentially by later this year. angel of the winds casino everett wa downstream casino gambling age |