💰 Boyd Gaming Highlighted as Post-Virus Regional Winner

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Related News Articles. News Financial Share this:. Most Popular. No comments yet Write a comment Write a comment Cancel reply Your email address will not be published. Most Commented. A common refrain among gaming analysts in the wake of the coronavirus is that regional gaming markets will bounce back faster than Las Vegas because Sin City is heavily dependent on air travel to deliver convention and tourist traffic. In March, the company suspended its dividend , becoming the first operator to do so. In contrast, many gaming properties in smaller regions are short drives from the bulk of their customers. Most Read.{/INSERTKEYS}{/PARAGRAPH} Up The company is targeting early and mid-June reopenings for some of its venues. Nevada Gov. Name, email and comment will be stored in our database. President Sweeney Calls on Gov. Boyd is taking steps to conserve cash, including furloughing workers and pulling back on capital expenditures. The company is also highly levered to the US sports betting boom , another trait frequently highlighted by analysts. {PARAGRAPH}{INSERTKEYS}Last updated on: May 11, , h. Since then, every other US-based gaming operator that previously paid a dividend either suspended or dramatically reduced those payouts. New Jersey Sen. Of the 10 states in which Boyd operates, six currently permit sports wagering — when there are sports to bet on — and several others could sign off on it later this year.