2024.07.19
when is the wynn casino in las vegas openingShares of Boyd Gaming (NYSE:BYD) are trading lower Wednesday. It’s getting boring right? No way,” said Stifel analyst Steven Wieczynski in a note to clients today. But the Aliante operator is realizing significant cost improvements, many of which will be permanent when the pandemic is a thing of the past. viejas casino is open todayThen, 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. The Aliante Casino Resort Las Vegas. (Image: Boyd Gaming)On Monday, Boyd Gaming announced the creation of “BoydPay,” a digital wallet developed with Aristocrat Technologies. admiral casino no deposit bonus clearwater casino angeline spasunset station casino rewardsBoyd announced plans to expand the service across all its casinos – pending regulatory approval – potentially by later this year. 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. blackjack online ohne geldShould it need capital, the company has levers to pull, including ownership of its real estate and a five percent stake in sports betting giant Fharrah s casino council bluffsanDuel.“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.(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. (Image: Boyd Gaming)On Monday, Boyd Gaming announced the creation of “BoydPay,” a digital wallet developed with Aristocrat Technologies. call seneca niagara casino cashman casino freeborgata casino las vegas“While some investors would argue that most of the positive momentum around core operating trends and sports betting has already been embedded in BYD’s share price, we would argue there is more to come.” The analyst rates Boyd a “buy” with a price target, implying upside of almost 10 percent from where the stock closed on Feb. 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. 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. 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. investment in the December quarter.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. harrah s casino french quarter morongo casino room rates |