(AsiaGameHub) – The company’s revenue reached $997.4 million, marking a rise from the $991.6 million reported for the same quarter in 2025.
US.- Boyd Gaming Corporation has announced its financial performance for the first quarter ending March 31. The firm’s revenue was $997.4m, an increase compared to the $991.6m recorded in the corresponding period of 2025.
As per the report, net income fell to $105.5m from $111.4m, while adjusted EBITDAR decreased to $317.4m from $337.5m. The corporation’s Midwest & South segment experienced growth in both revenue and adjusted EBITDAR compared to the previous year. This performance was attributed to favorable comparisons against the prior year’s severe winter conditions and the benefits of recent property investments.
The Las Vegas Locals segment felt the effects of persistent softness in the destination business and disruptions from the continuing renovation work at Suncoast. Conversely, the online segment saw sustained expansion from its online casino gaming operations, alongside contributions from third-party market access agreements that were in line with the levels seen in the latter half of 2025. The Managed & Other category reported growth in revenue and adjusted EBITDAR, propelled by ongoing increases in management fees from the Sky River Casino in Northern California.
Keith Smith, president and CEO of Boyd Gaming, stated: “Our Q1 performance demonstrates the advantages of our diversified operations, our effective concentration on operational efficiencies, and our continuing capital investment program. At the property level, we saw growth in both revenue and adjusted EBITDAR year-over-year, with property margins again surpassing 39%. These outcomes were bolstered by sustained increases in play from both core and retail customers across the company, fueled by widespread strength in our Midwest & South segment.
“Moving forward, we are confident that our robust balance sheet, varied portfolio, balanced capital allocation strategy, and seasoned management team collectively place us in a strong position to keep generating long-term value for our shareholders.”
Boyd Gaming also recently launched Cadence Crossing in Henderson, Nevada. This new property is situated adjacent to the Jokers Wild Casino, near the intersection of Boulder Highway and Warm Springs Road, and features more than 450 slot machines.
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