{"id":198,"date":"2024-06-17T20:42:45","date_gmt":"2024-06-17T17:42:45","guid":{"rendered":"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/17\/boyd-gaming-caps-2022-with-strong-q4-driven-by-las-vegas-locals-market\/"},"modified":"2024-06-20T16:59:00","modified_gmt":"2024-06-20T13:59:00","slug":"boyd-gaming-caps-2022-with-strong-q4-driven-by-las-vegas-locals-market","status":"publish","type":"post","link":"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/17\/boyd-gaming-caps-2022-with-strong-q4-driven-by-las-vegas-locals-market\/","title":{"rendered":"Boyd Gaming Caps 2022 with Strong Q4, Driven by Las Vegas Locals Market"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/3f2YrI951Oo\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The well-known gaming and entertainment corporation, Boyd Gaming, has announced a robust conclusion to 2022, with a 5% revenue surge in the final quarter. This remarkable accomplishment was fueled by their Las Vegas resident-focused operations, which achieved unprecedented peaks in both revenue and EBITDAR (earnings before interest, taxes, depreciation, amortization, and restructuring or rent expenses).<\/p>\n<p>The enterprise generated a total revenue of $922.9 million during the fourth quarter. Gaming persisted as their principal revenue source at $653.9 million, trailed by food and beverage at $74.2 million, accommodations at $50 million, and supplementary revenue streams contributing $144.8 million.<\/p>\n<p>Boyd Gaming ascribes this triumph to a multitude of elements, encompassing vigorous demand from locals within the Las Vegas market, the sustained potency of their destination-based business, and expansion in non-gaming amenities. Their digital gaming ventures also contributed to the favorable outcomes.<\/p>\n<p>&#8220;Our operational units performed exceptionally well in propelling revenue growth and cultivating loyalty among our primary clientele,&#8221; remarked Keith Smith, President and CEO of Boyd Gaming. He further emphasized the company&#8217;s dedication to managing expenditures while providing unparalleled entertainment encounters.<\/p>\n<p>In summary, Boyd Gaming&#8217;s fourth-quarter outcomes illustrate the company&#8217;s formidable standing within the gaming and hospitality sector. Their emphasis on core patrons, coupled with strategic allocations in their properties and online presence, implies sustained prosperity in the times ahead. <\/p>\n<p>During this period, we&#8217;ve progressed significantly in our digital approach. The purchase of Pala Interactive is yielding positive outcomes, and our sports wagering collaboration with FanDuel is more robust than ever before. <\/p>\n<p>We&#8217;re pleased to have distributed almost $600 million to our investors in 2022 via stock repurchases and dividend payments.&#8221;<\/p>\n<p>Furthermore, Boyd Gaming declared impressive twelve-month figures for 2022, with income reaching $3.56 billion, a 6% rise.  Earnings surged to $639.4 million in contrast to $463.8 million the prior year.  In aggregate, modified earnings before interest, taxes, depreciation, amortization, and rent  (EBITDAR) attained $1.39 billion, an increase from $1.37 billion in 2021.<\/p>\n<p>Smith finished by stating, &#8220;In essence, 2022 was another triumphant year for our organization. We&#8217;re assured in our plan and our staff&#8217;s capability to manage the upcoming year effectively.&#8221; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The well-known gaming and entertainment corporation, Boyd Gaming, has announced a robust conclusion to 2022, with a 5% revenue surge in the final quarter. This remarkable accomplishment was fueled by their Las Vegas resident-focused operations, which achieved unprecedented peaks in both revenue and EBITDAR (earnings before interest, taxes, depreciation, amortization, and restructuring or rent expenses). [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Boyd Gaming Celebrates Record Revenue in 2022<\/title>\n<meta name=\"description\" content=\"Discover how Boyd Gaming achieved a 5% revenue surge in the fourth quarter of 2022, fueled by their thriving Las Vegas operations. 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