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Boyd Soars Following Surprising Financial Update

Discussion in 'Casino Industry & Development' started by Hitmaxbet, Aug 2, 2020 at 7:17 AM.

  1. Hitmaxbet

    Hitmaxbet Low-Roller

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    • Informative Informative x 3
  2. Joe

    Joe VIP Whale

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    I am gradually getting out of individual stocks. Bought Boyd at $14 in April, sold at $25 in June.
     
    • Like Like x 2
  3. Ty

    Ty ?

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    Interesting how they used a picture of MSS in the article.
     
    Taking my nephew along
  4. VegasBJ

    VegasBJ VIP Whale

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    See, tightening up the VP pay tables did account for something positive :stir::mad::poke:
     
    • Funny Funny x 3
    • Like Like x 1
  5. steveks225

    steveks225 Low-Roller

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    I wonder how long they can sustain those results. Getting rid of 25% of staff certainly helped the salary expense numbers, but either they had too much headcount beforehand, or service down the road will suffer in a so-called service economy business. Secondly if my local Ameristar St. Charles property is any indication, the remodeling and maintenance budgets are practically nonexistent. Supposedly they had all the shut down time to Boyd clean, and the place still smells like a stale ashtray. Machines are in less than fully functioning shape, even taking into account the ones that are shut off for social distancing. If I had a crystal ball and a Ouija board, I should have invested in plexiglas and lumber stocks before the shutdown!
     
  6. AyDee

    AyDee is getting too old for this

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    From what I saw on this trip...
    I dunno guys... soar?
    you should see these pictures I took..
    Cal definitely would be the exception.
    It was so dead and shut down it almost felt like they were on a mission to make the numbers so bad they'd shut down and probably lay off more people..
    just MHO, these eyes are getting old, maybe blurry even.
    I've never ever ever seen such emptiness,
    and the further into Fremont you went, the busier it got..
     
    • Agree Agree x 1
  7. vegasvstr

    vegasvstr Low-Roller

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    Agree, Ameristar St Charles cut way back on staff, no buffet, etc. They have been packing people in and until recently it was the only casino in the area NOT requiring a mask. (Though enforcement Sat. looked non-existent, lots of chin straps or no mask at all) Now add in that in St Louis county across the river they now require bars close at 10pm pushing more people there.
    Player lounge has been way cut back from food to snacks only most days, with bare bones staff. Free buffet benefit for top few tiers is gone with no alternative provided.
    I've cut my play there and let my host know my feelings, but really don't think they care. Wouldn't surprise me if they try to make some of those changes permanent.
     
  8. marcianofan

    marcianofan High-Roller

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    Great percentage profit in a very short period!