Welcome to our dedicated page for Boyd Gaming news (Ticker: BYD), a resource for investors and traders seeking the latest updates and insights on Boyd Gaming stock.
Boyd Gaming Corporation operates a diversified casino and online gaming business with 27 gaming entertainment properties in 11 states. The company also manages a tribal casino in northern California, owns Boyd Interactive as a B2B and B2C online casino gaming business, and links its nationwide portfolio through Boyd Rewards.
Recurring updates cover quarterly and annual operating results, property-level revenue and margin trends, customer play across Las Vegas Locals, Downtown Las Vegas, Midwest and South, and Online segments, and capital allocation through dividends and share repurchases. News also includes property openings, capital investments, development pipeline activity, gaming regulatory approvals, financing matters, and board actions.
Boyd Gaming Corporation (NYSE: BYD) will hold a conference call on February 2, 2023 at 5:00 p.m. Eastern to discuss its fourth-quarter and full-year 2022 results. Investors can join the call by dialing (844) 200-6205 or by accessing it online through Boyd Gaming's investor site. A replay will be available after the call until February 9. Boyd Gaming operates 28 gaming properties and is a partner in FanDuel Group, focusing on exceptional guest experiences and ESG initiatives.
FanDuel Group and Boyd Gaming have launched mobile sports betting in Ohio, effective January 1, 2023, with the FanDuel Sportsbook app now available. A retail sportsbook at Belterra Park Cincinnati will open at 9 a.m. ET on the same day. T.J. Houshmandzadeh will place the ceremonial first bet on January 5. The sportsbook venue will feature numerous amenities, including HD televisions and self-service kiosks. Ohio marks the 18th state for FanDuel's mobile sports betting and expands the Boyd-FanDuel partnership to eight states, enhancing the company's footprint in the growing sports wagering market.
Boyd Gaming Corporation (NYSE: BYD) has declared a quarterly cash dividend of $0.15 per share, payable January 15, 2023. Shareholders on record as of December 19, 2022 will receive this dividend. Boyd Gaming operates 28 gaming properties across 10 states and owns a 5% equity stake in FanDuel Group, enhancing its market position in the gaming industry.
Boyd Gaming Corporation (NYSE: BYD) has finalized its acquisition of Pala Interactive LLC for a total cash consideration of $170 million. This strategic move is aimed at enhancing Boyd's online casino gaming capabilities, leveraging Pala's technology and expertise. CEO Keith Smith emphasized that this acquisition will bolster Boyd's existing land-based operations and expand its customer base across the region. This acquisition reflects Boyd's commitment to exploring growth opportunities within the online gaming sector.
Boyd Gaming Corporation (NYSE: BYD) announced strong third-quarter financial results for 2022, with revenues of $877.3 million, up from $843.1 million in Q3 2021. Net income rose to $157.0 million or $1.46 per share, compared to $138.2 million or $1.21 per share last year. Total Adjusted EBITDAR was $337.7 million, slightly down from $340.7 million in Q3 2021. A significant focus on core customers and operational efficiencies yielded nearly $500 million returned to shareholders this year. The company remains optimistic about its performance amidst economic challenges.
Boyd Gaming Corporation (NYSE: BYD) has scheduled a conference call for October 25, 2022, at 5:00 p.m. Eastern to discuss its third-quarter results. The results will be reported shortly after 4:00 p.m. Eastern on the same day. Investors can join the call at (844) 200-6205 or access it online at investors.boydgaming.com. A replay will be available until November 1, 2022, by calling (866) 813-9403.
Boyd Gaming Corporation (NYSE: BYD) has declared a quarterly cash dividend of $0.15 per share, set to be paid on October 15, 2022. Shareholders of record must be accounted for by the close of business on September 30, 2022. Boyd Gaming operates 28 gaming properties across 10 states and holds a 5% equity stake in FanDuel Group. The company is committed to enhancing its Environmental, Social and Corporate Governance (ESG) initiatives to positively impact stakeholders and communities.
Boyd Gaming Corporation (NYSE: BYD) announced its second-quarter 2022 financial results, reporting revenues of $894.5 million, a slight increase from $893.6 million in Q2 2021. Net income rose to $146.8 million, or $1.33 per share, compared to $113.7 million, or $1.00 per share, in the previous year. Adjusted EBITDAR decreased to $353.9 million from $385.4 million. Boyd Gaming's operating margins improved to 39.6%, and strong performance was noted in its Las Vegas Locals and Downtown segments. The company also announced a quarterly dividend of $0.15 per share and plans to acquire Pala Interactive.
Boyd Gaming Corporation (NYSE: BYD) announced its second-quarter 2022 results conference call on July 26, 2022, at 5:00 p.m. Eastern. The results will be available at 4:00 p.m. Eastern on the same day. Callers can join via (844) 200-6205 and use passcode 452657. An online stream will also be accessible at investors.boydgaming.com. A replay will be available until August 2, 2022, at (866) 813-9403. Boyd Gaming operates 28 gaming properties across 10 states.
Boyd Gaming Corporation (NYSE: BYD) has released its 2021 Environmental, Social and Corporate Governance (ESG) report, reflecting its ongoing commitment to sustainability and community engagement. CEO Keith Smith highlighted achievements such as reductions in energy consumption and greenhouse gas emissions, nearly 1 billion gallons of water savings, and a Companywide waste diversion rate of nearly 50%. Additionally, Boyd Gaming has maintained over 10% spending with diverse vendors and contributed $1.4 million to pandemic relief efforts across 16 communities.