2025.11.03
online gambling addictionSources 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.swick, and Nova Scotia, reopened its two Nova Scotia properties last October.In Sin City, Boyd is the largest operator downtown, and derives a significant chunk of its revenue from the resurgent Las Vegas locals (LVLs) segment.blackjack casino tableIn 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 Sydney closure means the only GCGC venue currently open is Casino New Brunswick in Moncton.Butfree slot games lightning there’s more to the story.is borgata online casino safe lucky tiger slots no deposit bonusfree online games slots 777Margin expansion and revenue growth in the LVL demographic and regions outside Nevada can support Boyd stock, as downtown Las Vegas remains sluggish.The establishment has remained closed since March 2020.He expects Boyd’s downtown earnings before interest, taxes, depreciation and amortization (EBITDA) will slide 49 percent this year compared to 2019, before rising six percent in 2022.foxwoods resort casino new yorkIn 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).“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.Macquarie’s Beynon notes the operator’s market share in that part of the city is currently 10 percent, compared to a pre-pandemic clip of 25 percent.pechanga casino square footage black bear casino logogold coast casino parkingHe expects Boyd’s downtown earnings before interest, taxes, depreciation and amortization (EBITDA) will slide 49 percent this year compared to 2019, before rising six percent in 2022.Macquarie’s Chad Beynon rates the regional gaming operator “neutral,” but he boosted his price target on the name to from .Macquarie’s Beynon notes the operator’s market share in that part of the city is currently 10 percent, compared to a pre-pandemic clip of 25 percent.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.It operates 25 casinos and gaming venues across Canada, with most in Ontario or British Columbia.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.bovada casino online usa wild diamonds casino game |