Hard Rock Casino Hotel e order also applies to all First Nations gaming properties and video lottery terminals in the province. New Brunswick Only GCGC Casino OpenLike the United States, Canadian casinos closed last year because of the COVID-19 pandemic. GCGC, which has properties in British Columbia, Ontario, New Brunswick, and Nova Scotia, reopened its two Nova Scotia properties last October. However, GCGC Interim CEO Terrance Doyle said in a statement that he understood the rationale given by provincial officials. Our properties in Nova Scotia had been operating safely and restoring services as part of the phased reopening in the province, affording us the opportunity to bring back many of our team members and offer a safe and enjoyable environment for our guests,” he said. golden palace casino horario black hawk casino gift cards “With the increased presence of COVID-19 in many areas of Canada in recent weeks, we feel the various closures undertaken by provincial governments and health authorities are important measures at this time. Choctaw Casino Resort Durant Oklahoma Gszy ”The Sydney closure means the only GCGC venue currently open is Casino New Brunswick in Moncton. nearest casino to virginia beach It operates 25 casinos and gaming venues across Canada, with most in Ontario or British Columbia. choctaw casino vip services online casino uk

COVID Forces Loto-Québec to End Restaurant PactIn other Canadian casino news, Loto-Québec announced on Tuesday the termination of a contract with Groupe Robuchon, which operated L’Atelier de Joël Robuchon. roulette wheel casino rules The establishment has remained closed since March 2020. “The exceptional circumstances arising from theharrah s cherokee casino nc Covid-19 pandemic and the uncertainty surrounding the time at which the Casino will reopen have informed this decision,” Loto-Québec said in a statement. sam s town casino mystic falls Boyd Gaming (NYSE:BYD) reported better-than-expected first-quarter results on Tuesday. But the real story is ongoing margin expansion and signs that March traffic momentum is carrying over to April. harrah s casino northern california A man walks in front of Boyd’s Fremont Casino in a vacant downtown Las Vegas during the pandemic. free slots instant play Analysts are enthusiastic on the stock. (Image: Fox5 Las Vegas)That could be a sign the Orleans operator will deliver another round of impressive data for the current quarter, and some analysts are forecasting more upside for Boyd stock.

Key Insights and Expert Analysis

Macquarie’s Chad Beynon rates the regional gaming operator “neutral,” but he boosted his price target on the name to from . That implies upside of 11. new no deposit online casinos Brian Christopher Slots Daily Fmys Austria 5 percent from the April 27 close, and is well above the consensus forecast of around . is coushatta casino closed Fanduel Casino Contact Vfrx Boyd’s 100 percent regional model continues to see margin tailwinds due to structural changes brought on by COVID-19,” said Beynon in a note to clients. free slot games davinci diamonds “First-quarter margins expanded 1,200 basis points over 1Q19. April results have carried over from March, and hotel reservations are at the highest levels in the last year. ”Las Vegas-based Boyd operates 28 gaming venues across 10 states, including 11 in its home market. In Sin City, Boyd is the largest operator downtown, and derives a significant chunk of its revenue from harrah s cherokee casino ncthe resurgent Las Vegas locals (LVLs) segment. t poker

Sources of Strength for Boyd StockMounting signs that Las Vegas locals are getting coronavirus vaccines and eager to return to their favorite casinos, coupled with Boyd’s enviable perch in serving that demographic, is a catalyst for the shares. But there’s more to the story. admiral casino uk login In the first quarter, LVLs and Boyd’s downtown venues combined for 35 percent of earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR). Free Online Poker No Registration Multiplayer Cfzr Denmark The remainder derived from the operator’s casinos in the Midwest and the South. LVL margins were the best of the three segments, but revenue at midwestern and southern venues topped what was notched in the comparable period in 2019. hard rock casino buffet Margin expansion and revenue growth in the LVL demographic and regions outside Nevada can support Boyd stock, as downtown Las Vegas remains sluggish. 1 casino road modderfontein Macquarie’s Beynon notes the operator’s market share in that