Boyd Gaming Reports Fourth-Quarter, Full-Year 2023 Results
- Boyd Gaming reported strong financial results for Q4 and full year 2023, driven by a diversified portfolio and solid returns from recent property investments.
- Revenues increased to $954.4 million in Q4 2023 from $922.9 million in Q4 2022, and to $3.7 billion for the full year 2023 from $3.6 billion in 2022.
- Despite non-cash impairment charges, Boyd Gaming returned more than $475 million to shareholders in 2023 and had cash on hand of $304.3 million and total debt of $2.9 billion as of December 31, 2023.
- Net income decreased to $92.6 million in Q4 2023 from $172.7 million in Q4 2022.
- Net income declined to $620.0 million in 2023 from $639.4 million in 2022.
Insights
Analyzing Boyd Gaming Corporation's financial results, several key factors emerge that are indicative of the company's performance and potential impact on its stock valuation. Firstly, the reported increase in annual revenues from $3.6 billion in 2022 to $3.7 billion in 2023 suggests a positive growth trajectory, albeit at a moderate pace. This is a clear signal of the company's ability to expand its revenue streams in a competitive market.
However, the net income decrease from $639.4 million in 2022 to $620.0 million in 2023, coupled with a decline in fourth-quarter net income year-over-year, may raise concerns among investors regarding the company's profitability and cost management. The non-cash, pretax goodwill and intangible asset impairment charges of $107.8 million for the full year 2023, which are significantly higher than the previous year's $40.8 million, are noteworthy as they may reflect adjustments in the valuation of the company's assets and could impact investor sentiment.
The company's commitment to returning value to shareholders through dividends and share repurchases, with more than $475 million returned in 2023, is a positive sign of its capital allocation strategy and confidence in its financial stability. The strong balance sheet, evidenced by the highest cash reserves in the company's history, provides a solid foundation for future growth and operational flexibility.
From a market perspective, Boyd Gaming's diversified portfolio and the solid performance of its Las Vegas Locals and Downtown Las Vegas segments are encouraging, as these are key markets for the company. The consistent core customer trends mentioned by the CEO suggest resilience in the company's customer base, which is crucial for sustained revenue.
The introduction of sports betting in Ohio and the performance of the Sky River Casino are notable developments that could represent new growth avenues for the company, potentially offsetting the slight decline in gaming revenues year-over-year. The Midwest & South segment's return to growth in the fourth quarter also indicates a recovery in regional markets that could contribute positively to future earnings.
It is important to monitor the competitive landscape and consumer trends, particularly as the gaming and hospitality industry continues to evolve with technological advancements and shifting regulatory environments. The company's ability to adapt and innovate in its online segment and other areas will be critical in maintaining its market position and driving long-term growth.
Regarding the non-cash, pretax goodwill and intangible asset impairment charges, it's imperative to understand that these are accounting adjustments reflecting a reduction in the value of the company's assets. Such charges can result from changes in business prospects, market conditions, or company performance and are not indicative of cash outflows. Legal and regulatory scrutiny often accompanies significant impairments to ensure that these adjustments are made in accordance with accounting standards and do not mislead investors.
Additionally, the company's adherence to GAAP and the provision of Non-GAAP financial measures, such as Adjusted EBITDAR and Adjusted Earnings, offer a more nuanced view of the company's financial health. These measures exclude certain expenses and provide a clearer picture of the company's operational performance, which can be beneficial for stakeholders making informed decisions. Nevertheless, investors should consider both GAAP and Non-GAAP measures to gain a comprehensive understanding of the company's financial position.
Keith Smith, President and Chief Executive Officer of Boyd Gaming, said: “The fourth quarter’s strong performance was a fitting conclusion to another record year for our Company. Our fourth-quarter and full-year results were driven by our diversified portfolio, consistent core customer trends and solid returns from our recent property investments. Our management teams continued to demonstrate their ability to efficiently manage the business, achieving property-level operating margins above
Fourth-Quarter and Full-Year 2023 Results
Boyd Gaming reported fourth-quarter 2023 revenues of
Total Adjusted EBITDAR(1) was
For the full year 2023, Boyd Gaming reported revenues of
Total Adjusted EBITDAR for the full year 2023 was
(1) See footnotes at the end of the release for additional information relative to non-GAAP financial measures. |
Operations Review
During the fourth quarter, year-over-year revenue and Adjusted EBITDAR performances in the Las Vegas Locals segment were consistent with each of the last two quarters. The
The Company’s Online segment benefited from the introduction of sports-betting in
Dividend and Share Repurchase Update
Boyd Gaming paid a quarterly cash dividend of
As part of its ongoing share repurchase program, the Company repurchased
Balance Sheet Statistics
As of December 31, 2023, Boyd Gaming had cash on hand of
Conference Call Information
Boyd Gaming will host a conference call to discuss its fourth-quarter and full-year 2023 results today, February 8, at 5:00 p.m. Eastern. The conference call number is (888) 259-6580, passcode 04276776. Please join up to 15 minutes in advance to ensure you are connected prior to the start of the call.
The conference call will also be available live on the Internet at https://investors.boydgaming.com, or https://events.q4inc.com/attendee/946881762.
A replay will be available by dialing (877) 674-7070 today, February 8, after the conclusion of the call, and continuing through Thursday, February 15. The passcode for the replay will be 276776#. The replay will also be available at https://investors.boydgaming.com.
| BOYD GAMING CORPORATION | ||||||||||||||||
| CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS | ||||||||||||||||
| (Unaudited) | ||||||||||||||||
| Three Months Ended | Year Ended | |||||||||||||||
| December 31, | December 31, | |||||||||||||||
| (In thousands, except per share data) |
|
2023 |
|
|
2022 |
|
|
2023 |
|
|
2022 |
|
||||
| Revenues | ||||||||||||||||
| Gaming | $ |
647,083 |
|
$ |
653,876 |
|
$ |
2,613,288 |
|
$ |
2,674,730 |
|
||||
| Food & beverage |
|
75,481 |
|
|
74,145 |
|
|
288,417 |
|
|
275,979 |
|
||||
| Room |
|
50,571 |
|
|
50,086 |
|
|
199,117 |
|
|
189,071 |
|
||||
| Online |
|
124,058 |
|
|
89,695 |
|
|
422,211 |
|
|
253,898 |
|
||||
| Management fee |
|
22,292 |
|
|
16,746 |
|
|
76,921 |
|
|
26,905 |
|
||||
| Other |
|
34,927 |
|
|
38,373 |
|
|
138,538 |
|
|
134,794 |
|
||||
| Total revenues |
|
954,412 |
|
|
922,921 |
|
|
3,738,492 |
|
|
3,555,377 |
|
||||
| Operating costs and expenses | ||||||||||||||||
| Gaming |
|
248,910 |
|
|
249,474 |
|
|
1,000,240 |
|
|
1,005,830 |
|
||||
| Food & beverage |
|
63,256 |
|
|
61,555 |
|
|
240,879 |
|
|
231,447 |
|
||||
| Room |
|
18,610 |
|
|
17,325 |
|
|
73,490 |
|
|
68,383 |
|
||||
| Online |
|
106,510 |
|
|
73,203 |
|
|
358,988 |
|
|
213,918 |
|
||||
| Other |
|
12,204 |
|
|
11,642 |
|
|
46,323 |
|
|
45,626 |
|
||||
| Selling, general and administrative |
|
90,558 |
|
|
93,305 |
|
|
389,891 |
|
|
373,964 |
|
||||
| Master lease rent expense (a) |
|
27,235 |
|
|
26,828 |
|
|
108,398 |
|
|
106,616 |
|
||||
| Maintenance and utilities |
|
35,677 |
|
|
35,331 |
|
|
151,014 |
|
|
143,527 |
|
||||
| Depreciation and amortization |
|
68,203 |
|
|
63,988 |
|
|
256,780 |
|
|
258,179 |
|
||||
| Corporate expense |
|
27,731 |
|
|
26,756 |
|
|
115,963 |
|
|
117,007 |
|
||||
| Project development, preopening and writedowns |
|
2,333 |
|
|
(19,464 |
) |
|
(8,935 |
) |
|
(18,936 |
) |
||||
| Impairment of assets |
|
103,300 |
|
|
35,200 |
|
|
107,837 |
|
|
40,775 |
|
||||
| Other operating items, net |
|
(5,166 |
) |
|
141 |
|
|
(4,207 |
) |
|
(12,183 |
) |
||||
| Total operating costs and expenses |
|
799,361 |
|
|
675,284 |
|
|
2,836,661 |
|
|
2,574,153 |
|
||||
| Operating income |
|
155,051 |
|
|
247,637 |
|
|
901,831 |
|
|
981,224 |
|
||||
| Other expense (income) | ||||||||||||||||
| Interest income |
|
(1,441 |
) |
|
(18,554 |
) |
|
(23,886 |
) |
|
(21,530 |
) |
||||
| Interest expense, net of amounts capitalized |
|
42,314 |
|
|
41,124 |
|
|
171,247 |
|
|
151,249 |
|
||||
| Loss on early extinguishments and modifications of debt |
|
— |
|
|
6 |
|
|
— |
|
|
19,815 |
|
||||
| Other, net |
|
967 |
|
|
(783 |
) |
|
1,563 |
|
|
2,884 |
|
||||
| Total other expense, net |
|
41,840 |
|
|
21,793 |
|
|
148,924 |
|
|
152,418 |
|
||||
| Income before income taxes |
|
113,211 |
|
|
225,844 |
|
|
752,907 |
|
|
828,806 |
|
||||
| Income tax provision |
|
(20,606 |
) |
|
(53,160 |
) |
|
(132,884 |
) |
|
(189,429 |
) |
||||
| Net income | $ |
92,605 |
|
$ |
172,684 |
|
$ |
620,023 |
|
$ |
639,377 |
|
||||
| Basic net income per common share | $ |
0.94 |
|
$ |
1.64 |
|
$ |
6.12 |
|
$ |
5.87 |
|
||||
| Weighted average basic shares outstanding |
|
98,935 |
|
|
105,569 |
|
|
101,325 |
|
|
108,885 |
|
||||
| Diluted net income per common share | $ |
0.94 |
|
$ |
1.63 |
|
$ |
6.12 |
|
$ |
5.87 |
|
||||
| Weighted average diluted shares outstanding |
|
98,979 |
|
|
105,649 |
|
|
101,373 |
|
|
109,004 |
|
||||
| (a) Rent expense incurred by those properties subject to a master lease with a real estate investment trust. |
| BOYD GAMING CORPORATION | ||||||||||||||||
| SUPPLEMENTAL INFORMATION | ||||||||||||||||
| Reconciliation of Adjusted EBITDA to Net Income | ||||||||||||||||
| (Unaudited) | ||||||||||||||||
| Three Months Ended | Year Ended | |||||||||||||||
| December 31, | December 31, | |||||||||||||||
| (In thousands) |
|
2023 |
|
|
2022 |
|
|
2023 |
|
|
2022 |
|
||||
| Total Revenues by Segment | ||||||||||||||||
| Las Vegas Locals | $ |
235,075 |
|
$ |
240,916 |
|
$ |
928,118 |
|
$ |
930,730 |
|
||||
|
63,314 |
|
|
62,442 |
|
|
222,407 |
|
|
215,332 |
|
|||||
| Midwest & South |
|
497,898 |
|
|
496,532 |
|
|
2,041,945 |
|
|
2,076,066 |
|
||||
| Online |
|
124,058 |
|
|
89,695 |
|
|
422,211 |
|
|
253,898 |
|
||||
| Managed & Other |
|
34,067 |
|
|
33,336 |
|
|
123,811 |
|
|
79,351 |
|
||||
| Total revenues | $ |
954,412 |
|
$ |
922,921 |
|
$ |
3,738,492 |
|
$ |
3,555,377 |
|
||||
| Adjusted EBITDAR by Segment | ||||||||||||||||
| Las Vegas Locals | $ |
120,431 |
|
$ |
125,881 |
|
$ |
470,971 |
|
$ |
481,643 |
|
||||
|
27,631 |
|
|
27,833 |
|
|
85,507 |
|
|
86,049 |
|
|||||
| Midwest & South |
|
190,568 |
|
|
188,431 |
|
|
781,673 |
|
|
830,782 |
|
||||
| Online |
|
17,309 |
|
|
16,862 |
|
|
62,337 |
|
|
39,778 |
|
||||
| Managed & Other |
|
24,384 |
|
|
23,523 |
|
|
84,478 |
|
|
40,981 |
|
||||
| Corporate expense, net of share-based compensation expense (a) |
|
(24,861 |
) |
|
(22,428 |
) |
|
(90,175 |
) |
|
(88,724 |
) |
||||
| Adjusted EBITDAR |
|
355,462 |
|
|
360,102 |
|
|
1,394,791 |
|
|
1,390,509 |
|
||||
| Master lease rent expense (b) |
|
(27,235 |
) |
|
(26,828 |
) |
|
(108,398 |
) |
|
(106,616 |
) |
||||
| Adjusted EBITDA |
|
328,227 |
|
|
333,274 |
|
|
1,286,393 |
|
|
1,283,893 |
|
||||
| Other operating costs and expenses | ||||||||||||||||
| Deferred rent |
|
177 |
|
|
193 |
|
|
708 |
|
|
768 |
|
||||
| Depreciation and amortization |
|
68,203 |
|
|
63,988 |
|
|
256,780 |
|
|
258,179 |
|
||||
| Share-based compensation expense |
|
4,329 |
|
|
5,579 |
|
|
32,379 |
|
|
34,066 |
|
||||
| Project development, preopening and writedowns |
|
2,333 |
|
|
(19,464 |
) |
|
(8,935 |
) |
|
(18,936 |
) |
||||
| Impairment of assets |
|
103,300 |
|
|
35,200 |
|
|
107,837 |
|
|
40,775 |
|
||||
| Other operating items, net |
|
(5,166 |
) |
|
141 |
|
|
(4,207 |
) |
|
(12,183 |
) |
||||
| Total other operating costs and expenses |
|
173,176 |
|
|
85,637 |
|
|
384,562 |
|
|
302,669 |
|
||||
| Operating income |
|
155,051 |
|
|
247,637 |
|
|
901,831 |
|
|
981,224 |
|
||||
| Other expense (income) | ||||||||||||||||
| Interest income |
|
(1,441 |
) |
|
(18,554 |
) |
|
(23,886 |
) |
|
(21,530 |
) |
||||
| Interest expense, net of amounts capitalized |
|
42,314 |
|
|
41,124 |
|
|
171,247 |
|
|
151,249 |
|
||||
| Loss on early extinguishments and modifications of debt |
|
— |
|
|
6 |
|
|
— |
|
|
19,815 |
|
||||
| Other, net |
|
967 |
|
|
(783 |
) |
|
1,563 |
|
|
2,884 |
|
||||
| Total other expense, net |
|
41,840 |
|
|
21,793 |
|
|
148,924 |
|
|
152,418 |
|
||||
| Income before income taxes |
|
113,211 |
|
|
225,844 |
|
|
752,907 |
|
|
828,806 |
|
||||
| Income tax provision |
|
(20,606 |
) |
|
(53,160 |
) |
|
(132,884 |
) |
|
(189,429 |
) |
||||
| Net income | $ |
92,605 |
|
$ |
172,684 |
|
$ |
620,023 |
|
$ |
639,377 |
|
||||
| (a) Reconciliation of corporate expense: | ||||||||||||||||
| Three Months Ended | Year Ended | |||||||||||||||
| December 31, | December 31, | |||||||||||||||
| (In thousands) |
|
2023 |
|
|
2022 |
|
|
2023 |
|
|
2022 |
|
||||
| Corporate expense as reported on Condensed Consolidated | ||||||||||||||||
| Statements of Operations | $ |
27,731 |
|
$ |
26,756 |
|
$ |
115,963 |
|
$ |
117,007 |
|
||||
| Corporate share-based compensation expense |
|
(2,870 |
) |
|
(4,328 |
) |
|
(25,788 |
) |
|
(28,283 |
) |
||||
| Corporate expense, net, as reported on the above table | $ |
24,861 |
|
$ |
22,428 |
|
$ |
90,175 |
|
$ |
88,724 |
|
||||
| (b) Rent expense incurred by those properties subject to a master lease with a real estate investment trust. | ||||||||||||||||
| BOYD GAMING CORPORATION | ||||||||||||||||
| SUPPLEMENTAL INFORMATION | ||||||||||||||||
| Reconciliation of Net Income to Adjusted Earnings | ||||||||||||||||
| and Net Income Per Share to Adjusted Earnings Per Share | ||||||||||||||||
| (Unaudited) | ||||||||||||||||
| Three Months Ended | Year Ended | |||||||||||||||
| December 31, | December 31, | |||||||||||||||
| (In thousands, except per share data) |
|
2023 |
|
|
2022 |
|
|
2023 |
|
|
2022 |
|
||||
| Net income | $ |
92,605 |
|
$ |
172,684 |
|
$ |
620,023 |
|
$ |
639,377 |
|
||||
| Pretax adjustments: | ||||||||||||||||
| Project development, preopening and writedowns |
|
2,333 |
|
|
(19,464 |
) |
|
(8,935 |
) |
|
(18,936 |
) |
||||
| Impairment of assets |
|
103,300 |
|
|
35,200 |
|
|
107,837 |
|
|
40,775 |
|
||||
| Other operating items, net |
|
(5,166 |
) |
|
141 |
|
|
(4,207 |
) |
|
(12,183 |
) |
||||
| Loss on early extinguishments and modifications of debt |
|
— |
|
|
6 |
|
|
— |
|
|
19,815 |
|
||||
| Interest income (a) |
|
— |
|
|
(14,700 |
) |
|
(14,315 |
) |
|
(14,700 |
) |
||||
| Other, net |
|
967 |
|
|
(783 |
) |
|
1,563 |
|
|
2,884 |
|
||||
| Total adjustments |
|
101,434 |
|
|
400 |
|
|
81,943 |
|
|
17,655 |
|
||||
| Income tax effect for above adjustments |
|
(30,214 |
) |
|
8,673 |
|
|
(26,231 |
) |
|
4,961 |
|
||||
| Impact of tax valuation allowance |
|
— |
|
|
— |
|
|
(35,856 |
) |
|
— |
|
||||
| Adjusted earnings | $ |
163,825 |
|
$ |
181,757 |
|
$ |
639,879 |
|
$ |
661,993 |
|
||||
| Net income per share, diluted | $ |
0.94 |
|
$ |
1.63 |
|
$ |
6.12 |
|
$ |
5.87 |
|
||||
| Pretax adjustments: | ||||||||||||||||
| Project development, preopening and writedowns |
|
0.02 |
|
|
(0.18 |
) |
|
(0.09 |
) |
|
(0.17 |
) |
||||
| Impairment of assets |
|
1.04 |
|
|
0.33 |
|
|
1.06 |
|
|
0.37 |
|
||||
| Other operating items, net |
|
(0.05 |
) |
|
— |
|
|
(0.04 |
) |
|
(0.11 |
) |
||||
| Loss on early extinguishments and modifications of debt |
|
— |
|
|
— |
|
|
— |
|
|
0.18 |
|
||||
| Interest income (a) |
|
— |
|
|
(0.14 |
) |
|
(0.14 |
) |
|
(0.14 |
) |
||||
| Other, net |
|
0.01 |
|
|
— |
|
|
0.02 |
|
|
0.03 |
|
||||
| Total adjustments |
|
1.02 |
|
|
0.01 |
|
|
0.81 |
|
|
0.16 |
|
||||
| Income tax effect for above adjustments |
|
(0.30 |
) |
|
0.08 |
|
|
(0.26 |
) |
|
0.04 |
|
||||
| Impact of tax valuation allowance |
|
— |
|
|
— |
|
|
(0.36 |
) |
|
— |
|
||||
| Adjusted earnings per share, diluted | $ |
1.66 |
|
$ |
1.72 |
|
$ |
6.31 |
|
$ |
6.07 |
|
||||
| Weighted average diluted shares outstanding |
|
98,979 |
|
|
105,649 |
|
|
101,373 |
|
|
109,004 |
|
||||
| (a) Adjustment to the expected losses for interest on note receivable. |
Non-GAAP Financial Measures
Our financial presentations include the following non-GAAP financial measures:
- EBITDA: earnings before interest, taxes, depreciation and amortization,
- Adjusted EBITDA: EBITDA adjusted for deferred rent, share-based compensation expense, project development, preopening and writedown expenses, impairments of assets, other operating items, net, gain or loss on early extinguishments and modifications of debt and other items, net,
- EBITDAR: EBITDA further adjusted for rent expense associated with master leases with a real estate investment trust,
- Adjusted EBITDAR: Adjusted EBITDA further adjusted for rent expense associated with master leases with a real estate investment trust,
- Adjusted Earnings: net income before project development, preopening and writedown expenses, impairments of assets, other operating items, net, gain or loss on early extinguishments and modifications of debt, adjustments to the expected losses for interest on note receivable, the release of valuation allowances on deferred tax assets and other non-recurring adjustments, net, and,
- Adjusted Earnings Per Share (Adjusted EPS): Adjusted Earnings divided by weighted average diluted shares outstanding.
Collectively, we refer to these and other non-GAAP financial measures as the “Non-GAAP Measures”.
The Non-GAAP Measures are commonly used measures of performance in our industry that we believe, when considered with measures calculated in accordance with accounting principles generally accepted in
The use of Non-GAAP Measures has certain limitations. Our presentation of the Non-GAAP Measures may be different from the presentation used by other companies and therefore comparability may be limited. While excluded from certain of the Non-GAAP Measures, depreciation and amortization expense, interest expense, income taxes and other items have been and will be incurred. Each of these items should also be considered in the overall evaluation of our results. Additionally, the Non-GAAP Measures do not consider capital expenditures and other investing activities and should not be considered as a measure of our liquidity. We compensate for these limitations by providing the relevant disclosure of our depreciation and amortization, interest and income taxes, capital expenditures and other items both in our reconciliations to the historical GAAP financial measures and in our consolidated financial statements, all of which should be considered when evaluating our performance. We do not provide a reconciliation of forward-looking Non-GAAP Measures to the corresponding forward-looking GAAP measure due to our inability to project special charges and certain expenses.
The Non-GAAP Measures are to be used in addition to and in conjunction with results presented in accordance with GAAP. The Non-GAAP Measures should not be considered as an alternative to net income, operating income, or any other operating performance measure prescribed by GAAP, nor should these measures be relied upon to the exclusion of GAAP financial measures. The Non-GAAP Measures reflect additional ways of viewing our operations that we believe, when viewed with our GAAP results and the reconciliations to the corresponding historical GAAP financial measures, provide a more complete understanding of factors and trends affecting our business than could be obtained absent this disclosure. Management strongly encourages investors to review our financial information in its entirety and not to rely on a single financial measure.
Forward-looking Statements and Company Information
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements contain words such as “may,” “will,” “might,” “expect,” “believe,” “anticipate,” “could,” “would,” “estimate,” “continue,” “pursue,” or the negative thereof or comparable terminology, and may include (without limitation) information regarding the Company's expectations, goals or intentions regarding future performance. In addition, forward-looking statements in this press release, as well as in our earnings conference call remarks, include statements regarding continued growth in visitation and spending among the Company’s core customers, the Company’s views that it will be able to drive continued revenue and EBITDAR growth throughout its business, the Company’s operating strategy, the Company’s confidence in its long-term growth trajectory, and the Company’s plans with respect to share repurchases and returning capital to shareholders. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. Risks also include fluctuations in the Company's operating results; the political climate and its effects on consumer spending and its impact on the travel industry; the state of the economy and its effect on consumer spending; the impact and effects of the local economies in the markets where the Company operates; the receipt of legislative, and other state, federal and local approvals for the Company's development projects; developments in legalization of online gaming, the Company's ability to operate online gaming profitably, or otherwise; consumer reaction to fluctuations in the stock market and economic factors; the effects of events adversely impacting the economy or the regions from which the Company draws a significant percentage of its customers; competition; litigation; financial community and rating agency perceptions of the Company; changes in laws and regulations, weather, regulation, economic, credit and capital market conditions; and the effects of war, terrorist or similar activity. Additional factors that could cause actual results to differ are discussed under the heading “Risk Factors” and in other sections of the Company's Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, and in the Company's other current and periodic reports filed from time to time with the SEC. All forward-looking statements in this press release are made as of the date hereof, based on information available to the Company as of the date hereof, and the Company assumes no obligation to update any forward-looking statement.
About Boyd Gaming
Founded in 1975, Boyd Gaming Corporation (NYSE: BYD) is a leading geographically diversified operator of 28 gaming entertainment properties in 10 states, manager of a tribal casino in northern
View source version on businesswire.com: https://www.businesswire.com/news/home/20240208688887/en/
Financial Contact:
Josh Hirsberg
(702) 792-7234
joshhirsberg@boydgaming.com
Media Contact:
David Strow
(702) 792-7386
davidstrow@boydgaming.com
Source: Boyd Gaming Corporation
FAQ
What is Boyd Gaming Corporation's ticker symbol?
What were Boyd Gaming Corporation's Q4 2023 revenues?
How much did Boyd Gaming Corporation return to shareholders in 2023?
What was Boyd Gaming Corporation's net income for the full year 2023?
What was Boyd Gaming Corporation's cash on hand as of December 31, 2023?
