Boyd returns to profit in Q1 as gaming growth offsets hospitality decline
Boyd Gaming enjoyed a rise in profit and overall revenue in Q1, as growth in gaming revenue offset the fact that hospitality revenue dropped considerably year on year.
The revenue for this quarter totaled at $753.3m, a rise of 10.0% compared to the previous first quarter.
As usual, gaming made up a majority of the revenue with $617.9m, a 21.2% increase year on year. Food and beverage revenue came to $44.1m this quarter, a drop of 50.9% compared to the first quarter of 2020.
Read the full story on iGB North America.