{"id":207,"date":"2024-06-19T05:07:48","date_gmt":"2024-06-19T02:07:48","guid":{"rendered":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/19\/boyd-gaming-reports-record-revenue-and-ebitdar-for-q4-and-full-year-2022\/"},"modified":"2024-06-20T17:01:56","modified_gmt":"2024-06-20T14:01:56","slug":"boyd-gaming-reports-record-revenue-and-ebitdar-for-q4-and-full-year-2022","status":"publish","type":"post","link":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/19\/boyd-gaming-reports-record-revenue-and-ebitdar-for-q4-and-full-year-2022\/","title":{"rendered":"Boyd Gaming Reports Record Revenue and EBITDAR for Q4 and Full Year 2022"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/_6SfzbOzec4\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The prominent gaming corporation, Boyd Gaming, recently unveiled impressive financial figures for the final quarter of 2022. The firm secured $922.9 million in earnings, reflecting a 5% surge in comparison to the corresponding timeframe last year. <\/p>\n<p>As anticipated, the majority of these profits originated from their gaming endeavors, which yielded $653.9 million.  Food and beverage transactions contributed a significant $74.2 million to the total, while lodging provided an additional $50 million. The remaining earnings, amounting to $144.8 million, were derived from a variety of other avenues.<\/p>\n<p>Boyd Gaming&#8217;s net profits for the quarter reached a remarkable $172.7 million, a substantial increase from the $109.8 million acquired in the fourth quarter of the preceding year.  Following modifications, their earnings before interest, taxes, depreciation, amortization, and restructuring or rent expenses (EBITDAR) experienced a robust 4% expansion, reaching $3.601 billion. This resulted in an even more noteworthy 18% rise in adjusted earnings, which settled at $1.818 billion.<\/p>\n<p>The organization expressed particular satisfaction with its Las Vegas locals segment, which had an exceptional quarter with unprecedented revenue and EBITDAR. This accomplishment was driven by a surge in tourism, strong non-gaming revenue, and ongoing engagement from their primary customer demographic.<\/p>\n<p>Keith Smith, President and CEO of Boyd Gaming, remarked on the outcomes, stating, &#8220;The final quarter was an outstanding conclusion to another record-breaking year for our organization.  Both our quarterly and full-year revenue and EBITDAR achieved all-time highs, propelled by our operational team&#8217;s dedication to expanding revenue and fostering customer allegiance, all while upholding expense control.&#8221;<\/p>\n<p>He proceeded to emphasize the elements behind this triumph, adding, &#8220;Our robust performance in the fourth quarter was fueled by sustained momentum in our Nevada operations, management fees from Sky River, and expansion in our digital business.&#8221; <\/p>\n<p>During this period, we took significant steps to enhance our digital footprint \u2013 incorporating Pala Interactive and solidifying our sports wagering collaboration with FanDuel. <\/p>\n<p>&#8220;Throughout 2022, we generated considerable returns for our investors, distributing almost $600 million via share repurchases and dividends,&#8221; <\/p>\n<p>Boyd also declared robust twelve-month performance for 2022, posting $3.56 billion in earnings, a 6% rise year-on-year.  Annual net earnings reached $639.4 million, contrasting with $463.8 million the preceding year.  For the entirety of 2022, modified EBITDAR amounted to $1.39 billion, surpassing the $1.37 billion in 2021.<\/p>\n<p>Smith summarized, &#8220;In essence, 2022 represented another prosperous year for our organization, and we are optimistic about our operational framework and our personnel&#8217;s capacity to effectively manage the upcoming year.&#8221; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The prominent gaming corporation, Boyd Gaming, recently unveiled impressive financial figures for the final quarter of 2022. The firm secured $922.9 million in earnings, reflecting a 5% surge in comparison&hellip;<\/p>\n","protected":false},"author":27,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Boyd Gaming Crushes Q4 Earnings: Revenue Soars to $922.9 Million<\/title>\n<meta name=\"description\" content=\"\ud83d\udcb0\ud83e\udd11 Boyd Gaming just dropped HUGE Q4 2022 earnings! Find out how this gaming giant raked in $922.9 million and what\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/19\/boyd-gaming-reports-record-revenue-and-ebitdar-for-q4-and-full-year-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Boyd Gaming Reports Record Revenue and EBITDAR for Q4 and Full Year 2022\" \/>\n<meta property=\"og:description\" content=\"\ud83d\udcb0\ud83e\udd11 Boyd Gaming just dropped HUGE Q4 2022 earnings! 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