Boyd Gaming First Quarter Loss

Boyd Gaming has announced its results for the first quarter of this year and a small loss of $3.5 million after a small profit of $8.4 million a year ago for the same quarter. Revenue was way up but some of that is because all of the "Borgata's" revenues in Atlantic City are now included in the results although revenue for that and other properties was down. The revenues in the locals market in Las Vegas were flat although one bright spot was "The Orlean's" which recorded its best revenue in three quarters. The "California" which is in downtown Las Vegas also did well as its Hawaiian package customers spent more and well as greater efficiencies in the operation although this was offset by higher fuel costs for Boyds charter operation. Boyds seems to be riding out the downtown as well as can be expeted and seems to be keeping its costs down as much as possible for when hopefully the Las Vegas market and the national economy rebounds.

Source: Boyd Gamings Press Release

Editors Notebook: Kilts, Cowboy Hats & Cheesesteak

This part weekend was a Celtic festival downtown with bagpipes and Celtic performers on stage being watched by some of the audience wearing cowboy hats as the PBR or Professional Bull Riders were in town. This seemed a strange mix but in Las Vegas its not that unusual as different conferences come to town, earlier in the week it was the NAB or National Association of Broadcasters which was lots of people in suits and ties the mix is part of the charm of Las Vegas. In our dining section at the top of the page there is also a review of a good Philly Cheese Steak at the "California Hotel & Casino" so check that out with more food reviews to come soon.