2025.11.09
poker casino badenMacquarie’s Chad Beynon rates the regional gaming operator “neutral,” but he boosted his price target on the name to from .”Las Vegas-based Boyd operates 28 gaming venues across 10 states, including 11 in its home market.“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.bellagio casino 365He 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.“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.“First-quarter margins expanded 1,200 basis points over 1Q19.luckyland casino no deposit bonus codes 2021 encore casino loginkatie s kitchen angel of the winds casinoButthunder valley casino arcade there’s more to the story.But the real story is ongoing margin expansion and sthunder valley casino arcadeigns that March traffic momentum is carrying over to April.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.angel of the winds casino resort hotelThat implies upside of 11.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.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. seneca niagara casino live music encore hoyle casino games 2011table games at mystic lake casinoThat implies upside of 11.From an online standpoint, Boyd’s FanDuel partnership and proprietary iGaming launch (this quarter) should lead to positive EBITDA of million in 2021,” said Beyon.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.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.April results have carried over from March, and hotel reservations are at the highest levels in the last year.That implies upside of 11.caesar casino free slots cool cat casino tournaments |