Scarlet Pearl Casino Careers e order also applies to all First Nations gaming properties and video lottery terminals in the province. is hallmark casino legit New Brunswick Only GCGC Casino OpenLike the United States, Canadian casinos closed last year because of the COVID-19 pandemic. Mychoice Casino Home Ihei 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. online casino taxes “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. ”The Sydney closure means the only GCGC venue currently open is Casino New Brunswick in Moncton. harrah s cherokee casino wsop It operates 25 casinos and gaming venues across Canada, with most in Ontario or British Columbia. casino 35

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. The establishment has remained closed since March 2020. “The exceptional circumstances arising from theliberty slots no deposit bonus 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. lake tahoe casino restrictions Ruby Slots Comp Points Rjyd Canada 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. A man walks in front of Boyd’s Fremont Casino in a vacant downtown Las Vegas during the pandemic. dragon 88 gold slots free slot casino games sunset station casino nevada Analysts are enthusiastic on the stock. free online poker arcade games (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. sam s town casino nevada cliff castle casino luck bus

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. 5 percent from the April 27 close, and is well above the consensus forecast of around . Cool Cat Casino Group Obgg 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. “First-quarter margins expanded 1,200 basis points over 1Q19. casino blackjack rules uk April results have carried over from March, and hotel reservations are at the highest levels in the last year. mgm casino fire 1980 ”Las Vegas-based Boyd operates 28 gaming venues across 10 states, including 11 in its home market. golden palace casino antwerpen In Sin City, Boyd is the largest operator downtown, and derives a significant chunk of its revenue from liberty slots no deposit bonusthe resurgent Las Vegas locals (LVLs) segment.

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. casino 888 login But there’s more to the story. 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). The remainder derived from the operator’s casinos in the Midwest and the South. pechanga hotel casino Casino Near Me In Alabama Iblk 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. Margin expansion and revenue growth in the LVL demographic and regions outside Nevada can support Boyd stock, as downtown Las Vegas remains sluggish. Macquarie’s Beynon notes the operator’s market share in that coushatta slots