HOT Stories more

Decision on upstate New York casinos postponed

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

GamingToday Race and Sports Futures

           Westgate Superbook  Stratosphere Sports Book  

                Wynn Sports Book  CG Technology

top stories

Bob Christ’s Thursday NFL Football Breakdown | When Denver plays host to San Diego on Thursday night in Week 8, Denver QB Peyton Manning will be going against one of the few teams that packs kryptonite when it faces the record-setting quarterback.

Swish's Free Smart Play of the Day | Swish Analytics prides itself on a data-driven system, and unlike most handicappers, we try to give a detailed statistical breakdown of why and how picks are formulated. 

A hearing is set for Thursday in Delaware in a dispute between Donald and Ivanka Trump and the casino company he once ran, over whether Atlantic City’s struggling Taj Mahal casino can continue to use the Trump name.

Full House Resorts Inc., the casino and hotel operator, said Wednesday that it is putting itself up for sale. The company, based in Las Vegas, evaluated strategic alternatives and decided that a sale was the best move. It is working on finding a buyer.

The four major professional sports leagues and the NCAA filed papers to stop New Jersey’s plan to allow legal sports betting beginning this weekend, when gamblers could become the first in the nation outside Nevada to wager on single games.

GamingToday subscription