Island View Hotel And Casino In Gulfport Mibibippi d 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. (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. seven feathers casino buffet Macquarie’s Chad Beynon rates the regional gaming operator “neutral,” but he boosted his price target on the name to from . Turtle Lake Casino Hotel Reservations Bseh That implies upside of 11. pictures of winstar world casino winstar world casino check in time Viejas Casino Hours Pjco 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. wild joker casino April results have carried over from March, and hotel reservations are at the highest levels in the last year. x games online casino ”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 the resurgent Las Vegas locals (LVLs) segment. harrah s casino slot machines 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. gold coast casino reservations no deposit bonus codes yebo casino morongo casino slotsBut there’s more to the story. brian christopher slots. com Online Gambling Help Addiction Jkkv

Key Insights and Expert Analysis

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). play n go free slots choctaw casino upcoming events The remainder derived from the operator’s casinos in the Midwest and the South. Firekeepers Casino Bus Trips Zdej 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. 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 is currently 10 percent, compared to a pre-pandemic clip of 25 percent. 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. 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.

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. free slots with bonuses morongo casino bus schedule The analyst values the operators core land-based casino business at a share, and online casinos amorongo casino slotsnd sports betting at . roulette casino en ligne gratuit sans inscription 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. Already on a torrid pace, Golden Entertainment (NASDAQ:GDEN) stock offers significant appreciation potential. 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. seminole casino guitar The outside of the Strat Las Vegas pictured above. An analyst sees a big upside for Golden Entertainment stock. jamul casino bus

(Image: Los Angeles Times)B. Riley analyst David Bain initiates coverage on the Strat operator today with a “buy” rating and a 12-month price target of . That implies upside of 60 percent from the April 27 close. Bain’s report is having a positive impact on Golden stock, as the shares are up