2025.12.15
island resort and casino human resourcesDue to stronger-than-expected reopening demand, MGM is restarting the Luxor later this month.(Image: Pinterest)The company said ARIA and the Four Seasons at Mandalay Bay will join the list of reopenings on July 1.For the assets that are opened, management is encouraged by the early visitation/spending patterns, but continues to caution that it’s still early on and a lot can change in the current uncertain operating environment,” said Stifel analyst Steven Wieczynski in a note obtained by Casino.free slot machines to play on my phone(Image: Pinterest)The company said ARIA and the Four Seasons at Mandalay Bay will join the list of reopenings on July 1.“While forward demand will be tough to predict in the near-term, management is extremely optimistic that their lower cost structure should remain in place even as demand creeps closer to ‘normal’ operating levels,” said the analyst.The analyst notes Boyd’s cost structure can decline even as demand increases, and that management believes the company can be free cash flow (FCF) positive at revenue that’s just 60 percent of 2019 levels.borgata casino hours firekeepers casino hotel discount codefour winds casino employment verification“One bright spot from the weeks since BYD’s retail casinos were closed has been iGaming at Valley Forge in Pennsylvania, where management noted the revenue run rate for the business has been 60% higher than it was when the company’s physical locations were open, with customer acquisitions up significantly,” said the analyst.Silver Lining PlaybookWieczynski points out the Boyd management was able to find a “silver lining” in the COVID-19 shutdown, as it allowed the company to adjust operations to meet new supply/demand dynamics.The first MGM properties to restart were the Bellagio, MGM Grand, and New York-New York.free slots zeus 1000During that prior recession, visits to Boyd properties slipped just 10 percent.”Nevada casinos reopened on June 4 following a more than two-months closure forced by the COVID-19 pandemic.That group includes the East Side Cannery, Eldorado, and Main Street Station in Las Vegas.seven feathers casino pet friendly free casino slot games with free coinsadmiral casino yesWieczynski notes that many Boyd venues reopened in advance of Memorial Day weekend and gamblers, flush with government stimulus cash, were eager to get out and enjoy life, creating a “perfect storm” for demand.Excalibur is slated to join the fold on June 11.(Image: Pinterest)The company said ARIA and the Four Seasons at Mandalay Bay will join the list of reopenings on July 1.Wieczynski notes that many Boyd venues reopened in advance of Memorial Day weekend and gamblers, flush with government stimulus cash, were eager to get out and enjoy life, creating a “perfect storm” for demand.Excalibur is slated to join the fold on June 11.Reopening demand at Boyd Gaming properties, including the California Casino in Las Vegas seen here, is robust, says an analyst.golden nugget casino events captain jacks casino bonus codes |