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Sep 30, 2020
Boyd Gaming Q3 2020 Earnings Report
Reported financial results for the third quarter ended September 30, 2020.
Key Takeaways
Boyd Gaming reported Q3 2020 revenues of $652.2 million, net income of $38.1 million, and adjusted EBITDAR of $238.8 million. The Las Vegas Locals segment delivered record third quarter adjusted EBITDAR with a 46% margin, and the Midwest & South segment's adjusted EBITDAR set an all-time quarterly record with a 39% margin.
Delivered 12% EBITDAR growth.
Improved operating margins by more than 1,000 basis points.
Las Vegas Locals and Midwest & South segments set records for quarterly EBITDAR and margins.
Expanded partnership with FanDuel Group, launching mobile sports betting platforms in Illinois and Iowa.
Boyd Gaming
Boyd Gaming
Boyd Gaming Revenue by Segment
Revenue by Segment
Las Vegas Locals Revenue
CapyFin.comDowntown Las Vegas Revenue
CapyFin.comMidwest & South Revenue
CapyFin.com Forward Guidance
No forward guidance provided in this report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income