HOT Stories more

Gaming Labor group seeks smoking ban compromise

Article

Boyd Gaming Corp. reduces its net loss during 4Q

March 10, 2014 8:08 PM by Ray Poirier

Boyd Gaming Corp. reduces its net loss during 4Q Boyd Gaming Corp. (BYD), which last year shed its interest in a Florida jai alai casino and expanded its business by acquiring six properties from Peninsula Gaming, reduced its net loss during the fourth quarter that ended on Dec. 31.

During the period, the company said revenues reached $681.5 million and the net loss was reduced to $47.3 million or $0.43 per share. In the previous year, the company reported a net loss of $899.9 million or $10.24 per share.

The figures were well-received by the investment community since there was a pre-announcement of the fourth-quarter results in January.

Reporting for the full fiscal year, the company said its net revenue was $2.89 billion, a jump of 16.6 percent. The loss was $80.3 million or $0.83 per share. Last year’s loss was $908.9 million or $0.37 per share.

Ray Poirier is the longtime executive editor at GamingToday.

Contact Ray at RayPoirier@GamingToday.com.

Like GamingToday on Facebook GamingToday on Facebook      and        Follow GamingToday on Twitter GamingToday on Twitter

GamingToday Bracket Buster NCAA Basketball Contest

Global Gaming Expo 2015 G2E www.bonus-casino-en-ligne.info

top stories

British bookmakers were wrong with their expectation that UK would remain in the European Common Market. Gambling firms assessed the direction of wagering on the issue and placed a 90 percent chance on remaining in the European Union.

In a unanimous vote, the Nevada Gaming Commission Thursday approved  USFantasy to provide daily fantasy sports (DFS) contests to all major casinos in Nevada. 

Bruce Moshman, the longtime partner of entertainment legend Monti Rock III passed away this week at the age of 82 in a Las Vegas hospice. Moshman had been in declining health for several years.

The Station Casinos’ sports book oddsmakers are celebrating today’s announcement of an NHL expansion franchise arriving in Las Vegas for the 2017-2018 season. 

Winnings during May at Louisiana casinos fell 12.6 percent to $207.4 million compared to the same year earlier period. Video poker revenue was also down in May. 

Pay-per-Head Maximum Profits

Fantasy Jack

The D Longbar South point 25,000 guaranteed parlay card

Pay-per-Head Triple Crown Deal

GamingToday Race and Sports Futures

           Westgate Superbook  Stratosphere Sports Book  

                Wynn Sports Book  CG Technology

Best Bites by Marco D'Angelo