12/23/2023 0 Comments What casinos are part of boyd gaming![]() ![]() Adults from 55 plus and up have opted in great numbers to take early retirement during covid. This includes early retirees, a segment that has been accelerated by the covid crisis. Older demos have returned to slot machine play. Among the largest contributors is the traditional demographic player base. There are many drivers of this gain without pent-up demand spearheading recovery as it did in 2021/22. Commercial casinos (not including tribal properties) racked up $60b in win during 2022 and are currently poised to break that number. ![]() Last year, the AGA estimated that US visitation to casinos had reached 86m total visits. In its place, we have seen a return by gamblers and tourists to a cycle of normalcy in terms of available wallets and frequency of visitations. Overall, the two markets in which BYD has a powerful footprint at the moment are still benefitting from pent-up demand resulting from the effective end of covid. Our general outlook for the industry today plays well into the BYD bull scenario. Our bull scenario on the stock springs from qualities we have seen in management over time that stands up to almost any headwind, and gains tailwind momentum fast. We have been covering Boyd Gaming Corporation ( NYSE: BYD) for ten years as an analyst, but have known the company for twenty as an industry participant. Above: The metro Las Vegas area continues to grow faster than the nation.
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