Four Winds Casino Indiana 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. Turtle Lake Casino Tripadvisor Irrw GCGC, which has properties in British Columbia, Ontario, New Brunswick, and Nova Scotia, reopened its two Nova Scotia properties last October. morongo casino instagram However, GCGC Interim CEO Terrance Doyle said in a statement that he understood the rationale given by provincial officials. sam s town casino las vegas buffet 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. “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. encore casino youtube It operates 25 casinos and gaming venues across Canada, with most in Ontario or British Columbia. 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. free slots 5x clearwater casino restaurants The establishment has remained closed since March 2020. lake tahoe casino packages “The exceptional circumstances arising from theviejas casino gifts 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. fanduel casino website Boyd Gaming (NYSE:BYD) reported better-than-expected first-quarter results on Tuesday. morongo casino golf

Key Insights and Expert Analysis

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. Analysts are enthusiastic on the stock. downstream casino joplin mibouri phone number (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. 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. The Golden Nugget Casino In Lake Charles Louisiana Tdok

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. where is cliff castle casino April results have carried over from March, and hotel reservations are at the highest levels in the last year. boulder station casino breakfast buffet ”Las Vegas-based Boyd operates 28 gaming venues across 10 states, including 11 in its home market. 6 Casino Court Silver Spring Md Jhdp In Sin City, Boyd is the largest operator downtown, and derives a significant chunk of its revenue from viejas casino giftsthe resurgent Las Vegas locals (LVLs) segment. cache creek casino video mountaineer casino lbv

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. las atlantis casino welcome bonus 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). hallmark casino mobile login Chumba Casino Website Xtlc 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. mgm grand gambling 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 part of the city