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New Treasure Chest Casino opens in Kenner with more space

Kenner's Treasure Chest Casino accepted its first bet on solid ground Wednesday at a ribbon cutting for its $100 million land-based casino at the north end of Williams Boulevard, ushering in a new chapter for the gaming establishment after nearly three decades in the iconic riverboat on Lake Pontchartrain. The new-and-improved Treasure Chest offers…

Land-based ・ 06 June 2024

The Nevada Independent

Indy Gaming: International flights on the rise in Las Vegas

I spent the last two weeks in South America - Rio de Janeiro in Brazil, Iguazu Falls on the Brazil-Argentina border and Machu Picchu in Peru. I will simply say it was an amazing trip. Restoring direct international travel to and from Las Vegas following the pandemic was a top concern for the tourism industry. Given the numbers from March and recent…

Industry ・ 01 May 2024

West Island

Boyd Gaming Faces Uncertain Odds Amid Intense Las Vegas Casino Competition

The dog-eat-dog world of the Las Vegas gambling scene was evident today as a few deck chairs on the Titanic known as Boyd Gaming shifted uncomfortably. The Las Vegas-based casino operation had unsettling first-quarter results, which sent investors into a tumultuous sell-off. The significantly lower-than-expected earnings per share of $1.51 instead…

Land-based ・ 29 April 2024

8 News Now

Boyd Gaming cites soft market as first-quarter revenue lags in Las Vegas

LAS VEGAS (KLAS) - Revenue in the Las Vegas locals market dipped by $15 million in the first three months of 2024 after a record 2023, Boyd Gaming officials said Thursday. Revenue companywide came in at $960.5 million, about $3.5 million behind the first quarter of 2023. Revenue in Las Vegas has dropped from last year's $240 million to this year's…

Land-based ・ 27 April 2024

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KTNV Las Vegas

Gambling revenues take a dip in downtown Las Vegas

LAS VEGAS (KTNV) - Gaming win totals at downtown Las Vegas casinos decreased 13% in March when compared to the same month in 2023, according to a report released Thursday. The Nevada Gaming Control Board says downtown casinos raked in just under $76.2 million in gaming win in March, down from $87.4 million in March 2023. Overall, the state's 444…

Finance ・ 26 April 2024

The Nevada Independent

Food halls replacing buffets as casinos look to improve their bottom line

Land-based ・ 17 March 2024

Covers

New Report Confirms iGaming Boosts Revenue For Brick-And-Mortar Casinos

The report shows that online casinos tend to appeal to a moderately younger demographic compared to land-based casinos. iDEA commissioned a study from Eilers & Krejcik Gaming (EKG) to conduct the most comprehensive analysis to date on how online gaming impacts land-based casino performance. The report shows that online casinos have a positive…

Industry ・ 17 February 2024

The Nevada Independent

Durango casino heralds a new Red Rock Resorts growth spurt

The company has six potential casino parcels totaling 500 acres throughout the valley. Tuesday morning's opening of the $780 million Durango Casino Resort comes 15 years after the company opened its last development. Red Rock Resorts President Scott Kreeger said a dry spell like that won't be repeated. The company already has a few locations in…

Travel ・ 05 December 2023

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The Nevada Independent

Indy Gaming: Boyd’s tribal partner planning Northern California casino expansion

The Sacramento-area property, which is managed by the Las Vegas company, could add a hotel, convention space and other non-gaming amenities. Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this…

Industry ・ 01 November 2023

The Nevada Independent

Indy Gaming: Aristocrat believes line of NFL slot machines will score a touchdown

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz One of the features on new NFL-themed slot…

Industry ・ 02 August 2023

Northern Nevada Business Weekly

After eight months, Boyd’s Northern California tribal casino may expand

The Sky River Casino near Sacramento, which is operated by Boyd Gaming, has been open since August, but the Wilton Rancheria Tribe is already exploring development opportunities for the property. Boyd CEO Keith Smith said last week the 100000-square-foot casino has been so successful in its first eight months that the company revised its predicted…

Industry ・ 06 May 2023

The Nevada Independent

Indy Gaming: Expanded multi-state online gaming may not benefit Nevada

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz The inclusion of Michigan into the…

Industry ・ 23 February 2023

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Review Journal

Not every Las Vegas casino boss wants to sell, lease back resort

Selling a casino to a landlord for a mountain of cash sounds pretty tempting. There are also some big strings attached - and not every hotel boss in Las Vegas is interested right now. Executives with Station Casinos, Boyd Gaming Corp. and Fontainebleau Las Vegas recently touted the benefits of owning their properties or stated they aren't looking…

Land-based ・ 20 February 2023

The Nevada Independent

Indy Gaming: Boyd has no interest in selling downtown, locals casinos to REITs

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Boyd Gaming had a simple message to real…

Industry ・ 09 February 2023

Covers

Boyd Gaming Become Official Casino Partner of Las Vegas Raiders

The deal will open the door for plenty of Boyd Gaming advertising around Allegiant Stadium along with its own casino. If Las Vegas Raiders fans didn't know about Boyd Gaming and its 10 off-strip casinos before now, they're about to find out. The NFL franchise recently announced an agreement to make Boyd the official and exclusive local casino…

Incidents ・ 08 February 2023

Yogonet

Boyd closes acquisition of Pala Interactive for $170M

Casino and gaming operator Boyd Gaming announced Wednesday it has closed on its previously confirmed acquisition of Pala Interactive and its subsidiaries for a total net cash consideration of $170 million. Keith Smith, President and Chief Executive Officer of Boyd Gaming, said: "Online casino gaming is an attractive growth opportunity for our…

Industry ・ 02 November 2022

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Churchill, Boyd Complete Major Buyouts, Caesars U-Turns

Tuesday's biggest deal, however, emerged from the Louisville, Kentucky headquarters of Churchill Downs Incorporated (CDI), which has completed its previously announced acquisition of Peninsula Pacific Entertainment (P2E) for $2.75bn. CDI's completed purchase followed receipt of customary licensing approvals from Virginia, New York, and Iowa, and…

Land-based ・ 02 November 2022

The Nevada Independent

Boyd Gaming opens its Sacramento-area casino a month ahead of schedule

Boyd Gaming and the Wilton Rancheria Tribe quietly opened a $500 million casino near Sacramento last week with neither fanfare nor a grand opening celebration. The Sky River Casino in the capital city's suburb of Elk Grove was scheduled to open in mid-September. Shortly before midnight on Aug. 16, the casino's Facebook page carried the message,…

Religion ・ 22 August 2022

Review Journal

Boyd Gaming revenue slightly up from year-over-year

Boyd Gaming Corp. leadership expressed confidence in the company's operations even in the face of economic uncertainty during an earnings call this week. Officials with the Las Vegas-based operator of three downtown Las Vegas properties as well as other hotel-casinos, said during Tuesday's earnings call that 2022's second quarter was a solid…

Finance ・ 27 July 2022

The Nevada Independent

Indy Gaming: ‘Economic challenges’ keeping five Clark County casinos closed into 2023

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Five Southern Nevada casinos that never…

Lottery ・ 08 June 2022

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Boyd's CEO eyeing national online expansion; says Nevada iGaming legalization could take up to a decade

Boyd Gaming's Q1 earnings conference call in April, the company's CEO, Keith Smith, predicted it could take up to eight more years for Nevada to legalize online casino gaming. However, he made it clear that he believes the activity will expand beyond the six states that currently offer real-money internet versions of slot machines and table games…

Industry ・ 02 June 2022

Yogonet

Boyd to expand Fremont Las Vegas casino floor, upgrade dining offerings following record Q1 results

Boyd Gaming's Fremont Hotel & Casino in downtown Las Vegas is expanding its casino floor and replacing its former buffet with a new dining hall concept. Executives for the company made the announcement during a call with investors held on Tuesday, in which the company also reported record first-quarter revenues. The new dining hall is set to…

Land-based ・ 02 May 2022

Review Journal

Boyd Gaming Corp. reports record cash flow, revenue for Q1

Las Vegas-based Boyd Gaming Corp. broke first-quarter revenue and adjusted cash flow records for its three operating divisions, including its Las Vegas locals market, the company reported Tuesday. "In the first quarter of 2022, our disciplined approach to managing the business and strategic focus on our core customer once again produced exceptional…

Finance ・ 26 April 2022

Stock News

BYD: 2 Best Casino Stocks to Buy Right Now

The easing of restrictions on in-person casino visits due to success on the COVID-19 immunization front and growing interest in internet casinos have been fueling the industry's growth. According to the American Gaming Association's (AGA) Commercial Gaming Revenue Tracker, 2022 started with strong commercial gaming revenue in the United States,…

Finance ・ 19 April 2022

High Stakes

Boyd Gaming to Buy Online Gaming Tech Company Pala I...

Boyd Gaming is to buy Pala Interactive for $170 million. The American gaming and hospitality company revealed on Monday, March 28, that it has agreed to a deal that will close in the first quarter of 2023, and will be financed via cash and an existing credit agreement.The deal was agreed upon through the Boyd Interactive Gaming subsidiary and will…

Industry ・ 02 April 2022

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Boyd Acquiring Online Gaming Tech Company for $170m

Boyd Gaming is acquiring online gaming tech firm Pala Interactive for $170m. [Image: Shutterstock.com] Boyd Gaming has revealed that it is buying online gaming tech company Pala Interactive for $170m. a combination of cash and an existing credit agreement The casino company announced on Monday that its Boyd Interactive Gaming subsidiary will…

Industry ・ 29 March 2022

Review Journal

Optimism high among casino execs during Las Vegas investor forum

Nevada-based casino companies are poised for a strong 2022, judging by the upbeat comments from executives during an investment forum this week at Wynn Las Vegas. Casino executives said business is approaching or surpassing pre-COVID-19 levels, many companies are showing favorable group business calendars and leisure visitors continue to crowd…

Finance ・ 10 March 2022

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Boyd Will Renovate Fremont Casino in Las Vegas for $50m

Boyd Gaming has begun a $50m renovation of its Fremont Hotel and Casino in downtown Las Vegas. Executives of the casino company announced the project on Thursday during a fourth-quarter earnings release. The renovation of the Fremont Hotel and Casino is part of a wider plan to spend $250m on capital projects this year. enhancement and expansion of…

Covid ・ 22 February 2022

The Nevada Independent

Closed casinos, visitation declines hurt two Clark County gaming markets

Two North Las Vegas casinos that have been closed for 23 months and a nearly 38 percent decline in visitation to Laughlin kept the Clark County communities from meaningful participation in Nevada's record-shattering $13.4 billion gaming revenue year in 2021. According to the Gaming Control Board, the markets were the only two of Nevada's 18…

Industry ・ 07 February 2022

Fairfield Citizen

Louisiana's Treasure Chest casino moving onto land

KENNER, La. (AP) - A transformation is in the works for the suburban New Orleans-based Treasure Chest casino, which has announced plans to move onto land as part of a $95 million expansion. A 2018 Louisiana law clears clears the way for floating casinos to move onto land and casino officials said this week that they're headed in that direction. The…

Covid ・ 08 January 2022

FOX 8 Live

Kenner’s Treasure Chest Casino doubling in size, moving landside

NEW ORLEANS (WVUE) - The Kenner lakefront is about to be transformed thanks to legislation that will allow floating riverboat casinos to move onto land. The owners of the Treasure Chest have announced a $95 million gambling expansion plan. Three years after the Louisiana legislature approved moving gambling riverboats landside, the Treasure Chest…

Sports ・ 06 January 2022

Salamanca Press

Showing No Signs of Slowing Down, Global Online Gambling Market Expected To Reach A Total Market Size Of $66 Billion In 2025

PALM BEACH, Fla., Sept. 21, 2021 /PRNewswire/ -- The Global Online Gambling Market is another survivor that thrived in during the COVID-19 pandemic. The recent COVID-19 pandemic has led to a sudden rise in the revenues of online gambling service providers, thus positively impacting the overall market growth. According to Google Trends, gambling has…

Industry ・ 05 October 2021

The Nevada Independent

Indy Gaming: Expanding usage of mobile wallets and cashless payments requires education for players and casino staff

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how they tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Sightline Payments Executive Vice President Omer…

NFL ・ 25 August 2021

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Main Street Station Casino Vegas to Reopen September 8

Boyd Gaming's Main Street Station Casino in downtown Las Vegas will reopen for business on September 8, 540 days after it closed its doors because of COVID-19. [Image: Shutterstock.com] Boyd Gaming's Main Street Station casino in downtown Las Vegas will reopen its doors to gambling visitors on September 8 at 6am. This will be the first time in 540…

Covid ・ 10 August 2021

Times Of Casino

Las Vegas Casinos Exceed Pre-Pandemic Numbers

Las Vegas casinos, Red Rock Resorts, and Boyd Gaming recently stated that casinos are recording even better numbers than 2019. The Gaming Control Board supported the claims with its latest statistics reports. In Clark County, including North Las Vegas, Henderson, and Boulder Highway, casinos generated 1.4 billion dollars in the first half of 2021.…

Covid ・ 03 August 2021

Yogonet

Boyd's Las Vegas locals casino margins set all-time record at 57% in Q2

oyd Gaming on Tuesday reported second-quarter 2021 revenues of $893.6 million, up from $209.9 million in the same period of 2020. The company reported net income of $113.7 million, or $1.00 per share, compared to a net loss of $108.5 million for the year-ago period. During the second quarter of 2021, all three operating segments set all-time…

Covid ・ 28 July 2021

AP News

More sports books launching online casinos in the U.S.

ATLANTIC CITY, N.J. (AP) - Companies that are well-known for conducting online sports betting are branching out into the online casino business. The latest such deal was announced Monday when FanDuel and Boyd Gaming Corp. said they would launch online casino operations using an iconic gambling brand from years gone by. The companies will operate…

Sports ・ 12 July 2021

The Nevada Independent

Resorts World unveiling ‘seems like an old-school Las Vegas resort opening’

The comparisons between the opening of Resorts World Las Vegas and the launch of The Mirage almost 32 years ago can't be ignored. Like its predecessor, the $4.3 billion Resorts World ends a decade-long lull of new Las Vegas Strip hotel-casino development. When it opened in 1989, The Mirage was the Strip's first all-new casino resort in 15…

Travel ・ 21 June 2021

Investor Place

3 Casino Stocks to Watch As Land-Based Gambling Declines

Casino stocks have had a tough 2020 due to declining revenue, at least for traditional casino stocks with physical locations and no online games. Still, something unorthodox happened to some casino stocks: soaring stock prices in the face of declining revenues. Are casino stocks now a safe bet on the global economic reopening and the return to…

Finance ・ 20 May 2021

Penn Bets

PA Casinos Aren't Exactly Back To Normal Yet, But They're Getting Close

The rebound of the casino industry from 2020's sad, dark nadir appears to be in full swing in the spring of 2021, with Pennsylvania's properties no exception. National operators, including those with casinos in Pennsylvania, have reported seeing a resurgence of gaming revenue and overall patronage in April-May to accelerate positive trends they…

Travel ・ 12 May 2021

Review Journal

Rio Hotel & Casino sets Dec. 22 reopening

Caesars Entertainment Inc. plans to reopen its final U.S. property next month. The Rio is set to open its doors once again on Dec. 22 at 10 a.m. The hotel will be open Thursdays through Mondays, and the casino will remain open seven days a week, according to a Thursday statement from the company. "The past nine months have been filled with…

Land-based ・ 07 May 2021

Casino Beats

Boyd & FanDuel document Stardust Casino’s real-money gaming revival

Boyd Gaming Corporation and FanDuel Group are to launch Stardust-branded online casinos in New Jersey and Pennsylvania, in a move which represents the brand's return to real-money gaming. This comes almost eight months after the gaming and hospitality firm announced the relaunch of the brand, with that return coming in the form of a free-to-play…

Mobile ・ 07 May 2021

Review Journal

12 Las Vegas casinos, resorts including Mirage, Palms remain closed

Las Vegas is known for being a city that never sleeps, but several of its properties have had their lights turned off for nearly five months. A total of 12 properties owned by MGM Resorts International, Caesars Entertainment Inc., Red Rock Resorts Inc. and Boyd Gaming Corp. have yet to reopen in Las Vegas, as occupancy rates hover as low as 30…

Travel ・ 07 May 2021