Boyd Gaming: The Market Sees Trouble, I See An Opportunity
A Seeking Alpha article maintains a buy rating on Boyd Gaming amid share-price weakness and macro headwinds, citing the Norfolk casino project and renovations at Orleans and Suncoast as potential sources of incremental EBITDA. It also notes that Las Vegas Locals revenue and EBITDAR grew 3% year over year excluding Orleans and Suncoast.
Why it matters — The article highlights planned investments and underlying Locals growth as factors relevant to BYD’s operating performance.