Winstar World Casino Reservations 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. pictures of twin river casino tachi palace casino arena 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. island view casino events “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. It operates 25 casinos and gaming venues across Canada, with most in Ontario or British Columbia. chinook winds casino gift shop valley forge casino layoffs

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. blackjack casino montreal 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. Boyd Gaming (NYSE:BYD) reported better-than-expected first-quarter results on Tuesday. wild life casino game Cache Creek Casino Floor Map Vxiw Austria But the real story is ongoing margin expansion and signs that March traffic momentum is carrying over to April. Las Atlantis Casino No Deposit Codes Jtdt A man walks in front of Boyd’s Fremont Casino in a vacant downtown Las Vegas during the pandemic. twin river casino promotions black oak casino social bingo 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 . table games at riverwind casino That implies upside of 11. 5 percent from the April 27 close, and is well above the consensus forecast of around . 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. 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. hard rock casino arkansas big m casino little river nc

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. new slots at desert diamond casino cache creek casino coupons 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. kansas star casino wedding 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. Oxford Casino Reviews Qsri Margin expansion and revenue growth in the LVL demographic and regions outside Nevada can support Boyd stock, as downtown Las Vegas remains sluggish. hollywood casino poker room Casino Table Games Names Mvdn Macquarie’s Beynon notes the operator’s market share in that