Here are the top legalized sports betting stock picks — including Boyd Gaming — from Bank of America [CNBC]
Boyd Gaming Corporation (BYD)
Last boyd gaming corporation earnings: 4/28 04:05 pm
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boydgaming.investorroom.com
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Source: CNBC
The Supreme Court's ruling on sports gambling Monday will significantly boost the sales of several gaming-related companies, according to Bank of America Merrill Lynch. The court upheld the legality of a 2014 New Jersey law permitting sports betting at casinos and racetracks in the state and voided the federal Professional and Amateur Sports Protection Act. The ruling paves the way for the states to enact legislation to regulate sports betting. Betting could commence this year in NJ followed by MS, DE, WV, OR and PA, with more states to follow in 2019, analyst Shaun Kelley wrote in a note to clients entitled Supreme Court legalizes sports betting – Positive for regionals and gaming tech Monday. We expect operator margins to be low but see upside for all of regional gaming, while gaming tech could be a key beneficiary. The analyst predicts the industry's gross gaming revenue from sports betting could rise to $5 billion to $10 billion in five years versus the $200 mill
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BYD
News
- Factors Setting the Tone For Boyd Gaming (BYD) in Q1 Earnings [Yahoo! Finance]Yahoo! Finance
- Vegas, Hawaii business summit coming to Waikiki [Yahoo! Finance]Yahoo! Finance
- Boyd Gaming: Below Intrinsic Value, High Potential For Online Revenue Growth [Seeking Alpha]Seeking Alpha
- Boyd Gaming (BYD) Expected to Beat Earnings Estimates: Can the Stock Move Higher? [Yahoo! Finance]Yahoo! Finance
- Boyd Gaming to Report First-Quarter 2024 Results, Host Conference Call and Webcast on April 25Business Wire
BYD
Earnings
- 2/8/24 - Beat
BYD
Sec Filings
- 4/23/24 - Form 144/A
- 4/23/24 - Form 144/A
- 4/23/24 - Form 144/A
- BYD's page on the SEC website