Boyd Gaming Corporation (NYSE:BYD) up by 1.63% in today’s trade

Boston, MA 04/04/2013 (wallstreetpr) – Boyd Gaming Corp (NASDAQ:BYD), in association with its subsidiaries, is a multi-jurisdictional gaming company in the United States. With a huge subsidiary base, Boyd gaming operates in five distinct segments – Downtown Las Vegas, Las Vegas Locals, Peninsula Gaming, Midwest and South, and Atlantic City. The company owns and operates twenty one gaming entertainment properties in Illinois, Nevada, Mississippi, Indiana, Iowa, Kansas, Louisiana, and New Jersey. Boyd Gaming also owns a pari-mutuel jai-alai facility that is located at Dania Beach, Florida. In addition to this, it owns a travel agency in Hawaii and the Borgata Hotel Casino and Spa in Atlantic City. As of year-end 2012, the company owned and operated 1,255,576 square feet of casino space, which includes 758 table games, 31,577 slot machines, and 11,416 hotel rooms.

Despite of weak earnings per share, there are silver linings for Boyd Gaming. It has successfully shed off its two underperforming assets in Echelon and Dania Jai-Alai. Moreover, it continues to outperform in popularity than other hyped online gambling beneficiaries with its license for online gambling in two states that comes as a part of its assets. On the other hand, if other online gambling beneficiaries have to get a license, it will be expensive for them because they have to invest in buying a casino. Furthermore, additional asset sales lined up in the year are expected to push the share prices up in the coming quarters.

BYD stocks are anytime a better buy as compared to its competitors in the market who either don’t have a license for online gambling or have a dreadful balance sheet.

For consideration of being featured on WallstreetPR, contact:

Please make sure to read and completely understand our disclaimer at FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any content posted on our website is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. WallStreetPR strongly recommends you consult a licensed or registered professional before making any investment decision. Neither nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. WallStreetPR often gets compensated for advertisement services that are disclosed on our disclaimer located at