hard rock south lake tahoe casino”Las Vegas-based Boyd operates 28 gaming venues across 10 states, including 11 in its home market.That’s as the Las Vegas locals (LVLs) segment springs back to life and as more Californians flock to Nevada, among other factors, notes a sell-side analyst.Golden Stock Loving Las Vegas LocalsAs is the case with many smaller gaming operators, Golden Entertainment is heavily dependent on local traffic.bellagio casino careersThat makes the stock a play based on government stimulus and increasing coronavirus vaccination levels.The stock is higher by 58 percent year-to-date.That implies upside of 60 percent from the April 27 close.free slot machines mountain fox

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7 cedars casino pokerGolden Stock Loving Las Vegas LocalsAs is the case with many smaller gaming operators, Golden Entertainment is heavily dependent on local traffic.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.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.casino near me table gamesThat’s as the Las Vegas locals (LVLs) segment springs back to life and as more Californians flock to Nevada, among other factors, notes a sell-side analyst.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.He adds that as leverage decreases, Boyd could resume its dividend, which was suspended last year because of the pandemic, or seek out “accretive” merger and acquisition opportunities later this year.boomtown casino bobier city louisiana

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north lake tahoe nevada casinosIn Sin City, Boyd is the largest operator downtown, and derives a significant chunk of its revenue from the resurgent Las Vegas locals (LVLs) segment.(Image: Los Angeles Times)B.Looming Online CatalystsWhile Boyd isn’t the name many investors think of when it comes to online sports betting, the company has levers in that arena via its five percent ownership of FanDuel – a trait some analysts believe isn’t accurately reflected in Boyd stock.Golden Stock Loving Las Vegas LocalsAs is the case with many smaller gaming operators, Golden Entertainment is heavily dependent on local traffic.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.Margin expansion and revenue growth in the LVL demographic and regions outside Nevada can support Boyd stock, as downtown Las Vegas remains sluggish.z casino hotel