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Plenty of cheap downtown Las Vegas hotel rooms are also available for New Year’s. Up 46 percent year-to-date, Boyd Gaming Corp. peppermill casino hotel reno (NYSE:BYD) is one of 2019’sdraftkings casino website best-performing casino and leisure stocks. Some analysts believe more upside is coming in 2020 for the operator of The Orleans and Sam’s Town in Las Vegas. Boyd Gaming could be a winning bet on sports wagering, according to some analysts. (Image: South Bend Tribune)In a recent note on Boyd, Nomura Instinet analyst Harry Curtis highlighted the company’s new projects in Sin City, where it operates a dozen gaming properties, while forecasting positive earnings before interest, taxes, depreciation and amortization (EBITDA) growth. cache creek casino players card We believe M&A-driven revenue and cost synergies will continue to help drive earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) outperformance,” said Curtis. In addition to the aforementioned Orleans and Sam’s Town, Boyd Gaming operates the Aliante, California, Cannery, Eastside Cannery, Fremont and Suncoast Hotel and Casino in and around its home market of Las Vegas.
Key Insights and Expert Analysis
Wall Street Is EnthusiasticAnalysts and investors appear to coming around on Boyd stock due in part to the company’s sports betting exposure, which is bolstered by a partnership with FanDuel. That deal was announced in August 2018, a few months after the Supreme Court ruling on the Professional and Amateur Sports Protection Act (PAPSA). The Boyd/FanDuel tie-up doesn’t just help the casino operator when it comes to brick-and-mortar sportsbooks. betrivers online casino michigan directions to wild horse pab casino from my location It gives the gaming operator access to FanDuel’s massive database of daidraftkings casino websitely fantasy players, a demographic analysts believe is keen to access other online betting options. turtle lake casino shuttle bus schedule Still, investors have been tepid on betting on gaming equities with sports wagering leverage, including Boyd. Since the PAPSA ruling, the Main Street Station operator and rival Penn National Gaming (NASDAQ:PENN), another regional operator with significant sports betting exposure, have seen their shares tumble, though both names have rallied in 2019. We do not believe investors have been willing to underwrite sports betting yet, but if we enter a new mini cycle, we expect investors will start to pay attention more in 2020,” said Morgan Stanley analyst Thomas Allen in recent note. big fish casino won t load island view casino gulfport Morgan Stanley sees the domestic sports betting market surging to billion by 2025, assuming legalization in 36 states.
Currently, 19 states and Washington, D. cache creek casino buffet open C. Hallmark Casino Mobile No Deposit Bonus Amyr Germany have approved sports wagering. download free casino games slots Betting On BoydBoyd has more than adequate sports betting leverage. Is Pechanga Kid Friendly Veho In addition to its 12 Silver State venues, the company runs four properties combined in the fast-growing Indiana and Iowa markets. The operator also has a total of three


